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Management ENIC

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ENIC In or ENIC Out


  • Total voters
    208
I think you’re being quite naive; if there’s a lesson to be learned from the Pochettino years, it’s that standing still in this game means that automatically you are going backwards.

Also we’ve had 24 years of this and now I think Levy is actively harming us - it’s quite clear that a number of his peers love getting one over on him (and by extension us), and he has brought this on himself.

Once the strains of a 2 game a week schedule kick in, I’m pretty sure that we’ll run into some pretty familiar problems.

As far as I’m concerned, any positive results are in spite of Levy, not because of him.
There's no point arguing with this dude. The club can do absolutely nothing wrong. That's it.
 
Levy was very good up until 2018. He’s been horrible since then for a multitude of reasons.

I will always give him credit for building the infrastructure up, so we have a base to compete from - Sugar decimated us in the 90s.

However how long is he supposed to dine out on that goodwill?

He has managed the football operation appallingly for 7 years now. If you can’t see that, then well…

ok, so not everything in spite then.

The last 6-7 years have been a mess - there is no doubt.
 
ok, so not everything in spite then.

The last 6-7 years have been a mess - there is no doubt.
The main thing is that since about 2018ish it's got a lot more expensive to play this game, and Levy is a rich man on paper, but it's all tied up in Tottenham. It will feel like spending "his" money, because it is. And it's also true that for every high cost/high wage PL player, there is a low cost/much lower wage player who turns out to be just as good.

FWIW I think if Levy could just have backed Frank a bit more, and continue to back him over the next couple of years, he might well find his asset value increases by much more than the outlay
 
The main thing is that since about 2018ish it's got a lot more expensive to play this game, and Levy is a rich man on paper, but it's all tied up in Tottenham. It will feel like spending "his" money, because it is. And it's also true that for every high cost/high wage PL player, there is a low cost/much lower wage player who turns out to be just as good.

FWIW I think if Levy could just have backed Frank a bit more, and continue to back him over the next couple of years, he might well find his asset value increases by much more than the outlay
It was great to get Kane from the academy, the likes of Dele, Walker, Eriksen, etc on the relative cheap. Levy always seems to be attempting to repeat these feats, not really understanding that they are the exception, not the rule.

Spending a fuckload on the very best players is a small risk, but where we are shopping, that level or two below the very best, every transaction is a risky one. Levy doesn’t have the wish to take those risks, by the looks of it.
 
Whether Levy has backed Frank cannot be accurately defined until next Tuesday. However I do think he has tried but for various reasons up to now has failed on too many occasions re transfers. . When a Manager fails he goes and Levy should go for his failures. Now as a substantial shareholder it might not be possible to go completely but someone else should be in charge of the running of the Football club. Chairmen are normally just a figurehead with the CEO running the business. Lewis's Son & daughter both have a prominent position in ENIC and probably outrank Levy and could have the final say with Venkatesham as CEO running it.

 
Whether Levy has backed Frank cannot be accurately defined until next Tuesday. However I do think he has tried but for various reasons up to now has failed on too many occasions re transfers. . When a Manager fails he goes and Levy should go for his failures. Now as a substantial shareholder it might not be possible to go completely but someone else should be in charge of the running of the Football club. Chairmen are normally just a figurehead with the CEO running the business. Lewis's Son & daughter both have a prominent position in ENIC and probably outrank Levy and could have the final say with Venkatesham as CEO running it.

Fair points. From the outside it just looks like:

a) he made a currying-favour mistake with Tel (which was big money) ... admittedly we don't know of any linkages to Palhinha deal etc.

b) he didn't go in with enough cash for Eze, MGW, or Savinho and in large part ultimately has none of them as he's tried to save a few 10s of millions (see point (a))
 
ok, so not everything in spite then.

The last 6-7 years have been a mess - there is no doubt.
When the new stadium opened, I remember Levy on the big screen, getting cheered (!) and he was talking about being a responsible custodian of the club, and that he would step away if he wasn’t seen to be acting responsibly anymore.

He hasn’t been - we’ve gone past that point. Like I said it’s over. The vast majority have lost faith in him.
 
The main thing is that since about 2018ish it's got a lot more expensive to play this game, and Levy is a rich man on paper, but it's all tied up in Tottenham. It will feel like spending "his" money, because it is. And it's also true that for every high cost/high wage PL player, there is a low cost/much lower wage player who turns out to be just as good.

FWIW I think if Levy could just have backed Frank a bit more, and continue to back him over the next couple of years, he might well find his asset value increases by much more than the outlay
But what else is he gonna spend his money on?

We'd all LOVE to have enough money to actually SPEND on making OUR TEAM better than everyone else....
But we're not in a position to do that... But HE IS!

Jack Walker, bless him, spent millions of his OWN money that he'd earned in his lifetime with the sole intention of making Blackburn the greatest club in England!

Whilst that prophecy didn't exactly come true for long, the League title was nice while it lasted.... But the point is, as a wealthy FAN, he WAS in a position to invest heavily in HIS CLUB, and it bore fruit.

Levy just uses HIS CLUB to make HIMSELF richer!

Slightly different perspective!
 
But what else is he gonna spend his money on?

We'd all LOVE to have enough money to actually SPEND on making OUR TEAM better than everyone else....
But we're not in a position to do that... But HE IS!

Jack Walker, bless him, spent millions of his OWN money that he'd earned in his lifetime with the sole intention of making Blackburn the greatest club in England!

Whilst that prophecy didn't exactly come true for long, the League title was nice while it lasted.... But the point is, as a wealthy FAN, he WAS in a position to invest heavily in HIS CLUB, and it bore fruit.

Levy just uses HIS CLUB to make HIMSELF richer!

Slightly different perspective!
I completely agree with you. When it all washes through, Levy will walk away a very rich man who has made everything he owns out of THFC. The question is whether he is pushing the financing of transfers and wages as far as it can within the constraints we have. Simon Jordon will rant and rave about banking covenants without any detail, but I very much doubt that Levy has maxed out the club's credit card so to speak, as when he comes to sell it cash and debt free, it's all coming off his interest. Imagine Levy ultimately walks away with only a modest return as he genuinely had ploughed it all back into Spurs? I don't think so.
 
Fair points. From the outside it just looks like:

a) he made a currying-favour mistake with Tel (which was big money) ... admittedly we don't know of any linkages to Palhinha deal etc.

b) he didn't go in with enough cash for Eze, MGW, or Savinho and in large part ultimately has none of them as he's tried to save a few 10s of millions (see point (a))
Maybe we dont have the cash... having the PSR headroom is one thing but having the cash to take advantage is another.
 
Maybe we dont have the cash... having the PSR headroom is one thing but having the cash to take advantage is another.
Levy did say that we could only spend what we’ve got. And we have a massive transfer debt, as our net spend has been so high since the new stadium. My point in that would be that our net spend would be less, if we planned our windows appropriately, but don’t seem to, had someone more talented in charge of selling unwanted players and didn’t change managers every two seasons.

I believe the point of some on here is that Levy and the Lewis family should be putting their own money into strengthening the playing side and that’s something they’ve never done and I don’t believe ever will.
 
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