If ENIC care so much about us, they’ll make sure to sell to someone who cares about what happens on the pitch and sporting success, not someone who turns their head with the most money.
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Management ENIC
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And I'm saying the reason he's not there is nothing to do with performance, as he has more than delivered for the Lewis's and this delivery has seen him remunerated as the highest paid executive in the PL, that's how much they valued him and of course for keeping him in place for nearly 25yrs. This performance is delivered against an operating framework.
He's been removed 1) because he's been caught with his fingers in the till or some such action that requires an immediate removal from his post (but the statement given would be at odds to that).
2) Or, they are trying to sell and it is felt removing him best suits that objective.
If there is a change is strategy from ENIC then what is it? If Joe Lewis isn't the decision maker and Vivian is then where is that communicated? (I admit this is most likely but where dose it say that she is the decision maker on companies placed in the Lewis fund?).
Unless there is a huge capital injection (and it requires one of multiples of hundreds of millions) then there is no change in strategy. Charington's words are meaningless unless back up with a plan to execute, one that demonstrates a change towards "winning more".
Do not believe a word from ENIC proxies unless back up with $$$ and a plan with actions. Without this it's the same, just another guy sitting in levy's chair on match days.
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Fork in the road if this leads to a club sale in the near future.
A new owner could provide the impetus needed to go the next step. Or could be another Ashley or Sullivan/Gold.
Just hope its not Saudi money. Not comfortable with sportswashing ownership.
A new owner could provide the impetus needed to go the next step. Or could be another Ashley or Sullivan/Gold.
Just hope its not Saudi money. Not comfortable with sportswashing ownership.
He's on 30% of ENIC (not Tottenham), so not yeah, less than 30% of The Company.
Right now, I agree. Everything points to a sale but suspect news to drip out of the club almost on a weekly basis now.
Bookmarking this for when the winter transfer window opens and we haven't signed Mbappe within the first 12 hours!
don'lt forget Bahamas are 5 hours ahead of us.
I'm sure he'd appreciate a call at 21.00 UK time - unless the phone is in an office when you'd get a recorded message !
True
But whoever is running Spurs will need the club to get a significant cash injection to change the players and anything else.
So its either enic or a new owner who are going to do that - and change the constraints under which Spurs have been managed.
If ENIC want to sell they are not going to want to look like a distressed seller. I know the usual suspects like to pretend the protests don’t have any influence at all but I think they have been massive in getting rid of Levy. ENIC are offering him up as a scapegoat to give themselves more time to sell from a position of relative strength. I don’t buy all this we want to win bs now. As others have said theyve had 25 years.
We need to keep up the protests
We need to keep up the protests
I would expect there to be some sort of shareholders agreement to be in place between Levy and Lewis which would very likely forbid one selling without the other getting similar terms offered to them and/or some other provisions.
I am so euphoric over the premature sacking of the (footballing) imbecile that I actually believe the Enic spin.
As I said years ago two separate articles stated that Vivienne was the true Spurs fan in the camp....not her cvnt of a father......not the cvnt in charge and certainly not the gimp son.
If I am wrong and they sell then I will cry all the way to the PL title
As I said years ago two separate articles stated that Vivienne was the true Spurs fan in the camp....not her cvnt of a father......not the cvnt in charge and certainly not the gimp son.
If I am wrong and they sell then I will cry all the way to the PL title
Protests will have had zero effect - Levy going is not in any way a result of protests
My take is that there's heaps of nonsense being thrown around. Everyone has a take that's immediately contradicted in its entirety by someone else. Also, Joe Lewis is pushing 90 years old and it's clear that his heirs have started to assume direction and control over his assets. He's probably half dead.
Accepting that we probably won't know the story until someone writes a book one day; I think Lewis' heirs want to have a go at it, or at least they feel that a period of success on the pitch is required to justify the lofty price tag attached to the club. I'm sure Levy received his due recognition and reward for his completion of the stadium - he is after all a nearly 1/3 owner of the club and in the event of its sale he may become a billionaire outright in his own name - but in addition to the stories and rumors of how difficult he is to deal with on matters of player transfers, it's also been about 5 years and there's still no naming rights deal for the stadium. Moving on, for the past year there were persistent rumors that the club was put up for sale, and the Qataris were strongly reported to be interested but balked at Levy's supposed insistence on remaining on as Executive Chairman with effective control over the club.
My assumption is that the case has been building for a few years now behind the scenes that Levy has lost his touch. Couldn't ink a naming rights deal, couldn't sell the Club, most of the league doesn't want to do business with him, we barely avoided relegation last season, we're very far down the list of clubs that top coaches want to manage and he's fired half of them. For a club that holds itself out as one of Europe's top clubs, we haven't competed as such and although the summer came together in the end, we flirted with outright embarrassment and it must have reinforced any perception that Levy has outstayed his welcome. We've heard for a long time that Son made up a huge proportion of our financial revenues and commercial opportunities, and we've seen that with the Club's choice of conducting pre-seasons in South Korea, and subsequently of reports that Son's jersey at LA Galaxy was the world's top grossing sports jersey following his transfer. With Son's departure it begs the question of where the club's commercial revenues will come from when the club really lacks any clear-cut superstars for the first time in nearly 10 years. Absent a strong performance in the league or Europe this season, at present we don't have a first 11 that generates massive excitement and attracts commercial opportunities or brings us any closer to a competitive naming rights deal or club sale that ranks among the top in Europe.
For all of that, I believe Levy was forced to step down. As we've been fond of saying for many years now, he built a magnificent platform, but routinely showed that he lacked the vision to fully realize the potential of the Club through his own means and direction.
Accepting that we probably won't know the story until someone writes a book one day; I think Lewis' heirs want to have a go at it, or at least they feel that a period of success on the pitch is required to justify the lofty price tag attached to the club. I'm sure Levy received his due recognition and reward for his completion of the stadium - he is after all a nearly 1/3 owner of the club and in the event of its sale he may become a billionaire outright in his own name - but in addition to the stories and rumors of how difficult he is to deal with on matters of player transfers, it's also been about 5 years and there's still no naming rights deal for the stadium. Moving on, for the past year there were persistent rumors that the club was put up for sale, and the Qataris were strongly reported to be interested but balked at Levy's supposed insistence on remaining on as Executive Chairman with effective control over the club.
My assumption is that the case has been building for a few years now behind the scenes that Levy has lost his touch. Couldn't ink a naming rights deal, couldn't sell the Club, most of the league doesn't want to do business with him, we barely avoided relegation last season, we're very far down the list of clubs that top coaches want to manage and he's fired half of them. For a club that holds itself out as one of Europe's top clubs, we haven't competed as such and although the summer came together in the end, we flirted with outright embarrassment and it must have reinforced any perception that Levy has outstayed his welcome. We've heard for a long time that Son made up a huge proportion of our financial revenues and commercial opportunities, and we've seen that with the Club's choice of conducting pre-seasons in South Korea, and subsequently of reports that Son's jersey at LA Galaxy was the world's top grossing sports jersey following his transfer. With Son's departure it begs the question of where the club's commercial revenues will come from when the club really lacks any clear-cut superstars for the first time in nearly 10 years. Absent a strong performance in the league or Europe this season, at present we don't have a first 11 that generates massive excitement and attracts commercial opportunities or brings us any closer to a competitive naming rights deal or club sale that ranks among the top in Europe.
For all of that, I believe Levy was forced to step down. As we've been fond of saying for many years now, he built a magnificent platform, but routinely showed that he lacked the vision to fully realize the potential of the Club through his own means and direction.
I've always thought that we were without a good footballing brain behind our buying department . That was until Fabio Paratici came to the club , and we bought some decent players for the right money . The problem is that the club has been run on a shoestring instead of a build on build succession . It's amazing how people think progress equals spending more and more money until you win . The reality is when clubs get an owner with deep pockets like Abramovic or Sheikh Mansour then it's possible to keep on buying top top players one after the other with a promise of untold wealth/money . But that's not really what the beautiful game is about . The real football clubs do it off their own back . Spending only the money brought in from SKY money , gate receipts , merchandise and sponsorship . Our problem has long been Levy's dealings . Or should I say non dealings . The amount of top players we have been linked with only to lose them due to Levy is beyond ridiculous . We can only hope with a new broom we have a clean sweep and in future get the players we go after . I thank Levy for his time but it's time for us to build a squad of players that can challenge for trophies year on year with a purse full of our own money . Not some rich Arab that has the wealth to buy the whole league and still have plenty of change . It's not going to be like that in the future with PSR and FFP being brought in . But it will take a season or 2 to let the rules balance the league . The bottom line is when are the league and FA going to bring C$teh to book and start implementing the charges brought against them - all 116 of them .
There will be a shareholder agreement between Lewis and Levy - several types of clauses which could be included eg (1) any offer to Lewis for shares must also be similarly offered to Levy (2) A 'follow me' type clause so if Lewis sells, Levy must agree to sell on similar terms to Lewis .... lots of other terms are common in shareholder agreements
Personally think they are. Convinced of it actually.
If anything it’s unbelievable they will have zero effect. Why do you think he’s been doing all these PR interviews?. He’s not one to court publicity or do interviews. Imo he’d been told to do it by the Lewis crowd, it didn’t come across well and the fans are still on there back. He’s been sacrificed to protect their value.
Change can come in many forms. Simply not having Levy here in how he works for good and bad is a change and a big one, even if the club wanted to it would be difficult to copy him without him.
We now have a different structure compare to a year ago, the owner (minority in this case), chairman and CEO are all different people now rather than the same person which was always wrong in my view as it meant little accountability. On paper it’s a far better structure, the chairman is a non-executive who is tasked with keeping the CEO accountable while the non-executive is then accountable to the shareholders. This will lead to different decision making, if Vinai isn’t good enough he can be removed quickly.
I think they might sell but change at this club was coming, bringing in Charrington was a red flag that something was going to happen. The Club needs a board that is laser focused on winning and part of that is cash but another part is culture. I have no idea if it will lead to this but it might so I am interested to let it play out.
Vinai OUT