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Management ENIC

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Paywalled, and the graphic won't copy-paste, but this contains a very helpful "transfer fee amortization to revenue ratio" chart for England's UEFA competitors next to the more commonly seen "wages to revenue ratio"

The upshot is that Spurs are not dead last in that metric, but combining wages and amortization together (with is the methodologically best way to answer the question "how much is this club spending on its team") we are still last among that group, though less sharply so.

And on the topic of the article, as we know, Spurs have lots of room to maneuver under all of the relevant financial limitations both domestically and in Europe.
 
Save us watching a b bunch of shite can you summarise or tell us what minute the interesting bit is

if it's the same as a I read elsewhere, ENIC are apparently looking at buyers for Levy's 30%, by which point if someone bought that and a bit more, it'd be a sale of a Bahamas nature and so it wouldn't be subject to all kinds of bullshittery, skirting a lot of red tape, and Vinai could maintain that the club was not for sale - as it would be a partial or complete sale of the parent co
 

Tottenham Hotspur has ‘firm backing’ from co-owners, says chief executive Vinai Venkatesham​


Summarise

Elias BurkeSep 15, 2025
Tottenham Hotspur chief executive Vinai Venkatesham has said there is “firm backing” from co-owners, the Lewis family, but the club must be “cognizant of and aware of the financial fair play rules”.

In a video released on the club’s YouTube channel, Venkatesham reiterated that the Lewis family has no intention of selling the club amid speculation following the removal of Daniel Levy as club chairman last Thursday, and will invest to help the men’s and women’s teams achieve their ambitions to be “successful on the pitch”.

“(The Lewis family) are very, very passionate about Tottenham Hotspur and are ambitious for the club,” Venkatesham said. “When I talk about their ambition, their focus is on ensuring that everything we do across the complete breadth of the club really centres back and is focused on giving our men’s team and women’s team the best chance to be successful on the pitch over the long term.”

“I think it is very fair to say that we have firm backing from the Lewis family against our ambitions to be successful on the pitch, both on the men’s side and women’s side. They know that’s going to require investment, and we have their firm backing.”

Tottenham had a busy summer transfer window. They spent heavily on Mohammed Kudus from West Ham United for £55million and Xavi Simons for €60million (£51.8m; $70m) from RB Leipzig. They also signed Kota Takai from Japanese side Kawasaki Frontale for £5million ($6.8m), and Mathys Tel joined permanently for an initial €35m (£30m), after spending the second half of last season on loan from Bayern Munich.

Spurs went back to the German champions to sign Joao Palhinha on a season-long loan with an option to buy. While the club are not presently in danger of violating profit and sustainability regulations, Venkatesham outlined the club’s desire to stay clear of any sanctions by developing young players and “selling players at the right time”.

“I would also say, like all other 20 Premier League clubs, we also need to make sure that we are cognizant and aware of the FFP rules and that means we need to continue to grow our revenues,” he explained.

“We need to continue to develop players both from the academy and young players that we buy, we need to make sure that we’re selling players at the right time and we also need to make sure that every time we’re recruiting a player we’re making smart decisions both from a sporting and financial perspective.

“If you don’t do that, because of how the financial regulations work, you can find yourself in a position where you’ve got money to spend, but the regulations don’t allow you to spend it.”

Further to that, Venkatesham outlined that there is a focus on the club from the “next generation” of the Lewis family, including Joe Lewis’ children Vivienne and Charlie Lewis, as well as Vivienne’s son-in-law, Nick Beucher, the co-CEO of Tavistock Group, the investment company based in the Bahamas founded by Joe Lewis.

He also clarified the role of former banker Peter Charrington who has stepped into the role of “non-executive chairman” following Levy’s departure after being appointed as a non-executive director in March.

“It’s probably important to say that he’s going to be doing a different role to the one Daniel did,” Venkatesham said. “Daniel was executive chairman, that meant Daniel was full-time and involved in the club on a day-to-day basis. Peter’s role is non-executive chairman, and that means he won’t be involved with the club on a full-time basis and he won’t be involved on a day-to-day basis.

“His model is all around empowerment. He’ll be empowering us on the ground to get on with things but of course he will be leading the board and will be a very important part of the club going forward.”
To save us reading a bunch of shite, could we have the above article bullet pointed with a single paragraph synopsis?

:ossie:
 
No amount is shown in the document - but we know spurs received about £150m last season. Whether Macquarie would allow Spurs to draw down as much as that I doubt - I guess we'd be asked to provide a spreadsheet showing what we expect to receive and the assumptions, so bank can make a prudent calculation (that is way similar bank deals would work imo).

I think Bloomberg made up £90m

The charge document is NOT the whole commercial document - its a document to show the money is charged nothing more,

Think of it as the charge lodged by your mortgage lender at Land Registry - it will not show amount lent, interest rate or other details
In US it’s Liens.
 


Steve Coogan Shrug GIF
 
Watched this press conference earlier, Tottenham Hotspur Stadium was mentioned countless times...


View: https://x.com/ringmagazine/status/1968378841837031772


BuT wE NeEd A NaMiNg RighTs DeAl 😱

Let me test the boundaries of this take.

Should United rename Old Trafford "Manchester United Stadium"? Is every club that hosts other events at their grounds (and they all do, albeit not at our level of frequency and prominence) just leaving value on the table by not co-branding them with the football club's name?
 
Let me test the boundaries of this take.

Test it all you want, the topic has been done to death on here and elsewhere 100s and 100s of times.

Should United rename Old Trafford "Manchester United Stadium"?
Is every club that hosts other events at their grounds (and they all do, albeit not at our level of frequency and prominence) just leaving value on the table by not co-branding them with the football club's name?

Confused Robert Downey Jr GIF
 
How is that not exactly the same logic?

Just to throw you a bone - Old Trafford/Man Utd go hand in hand and have done for 115 years.

The Amazon Arena (for example) and Tottenham do not and will not. The Tottenham Hotspur Stadium, goes with Tottenham Hotspur FC and helps build the brand.

As I said it's been done to death.

Use the search function for anymore help you might need, I'm done with this. :thumbup:
 
Just to throw you a bone - Old Trafford/Man Utd go hand in hand and have done for 115 years.

The Amazon Arena (for example) and Tottenham do not and will not. The Tottenham Hotspur Stadium, goes with Tottenham Hotspur FC and helps build the brand.

As I said it's been done to death.

Use the search function for anymore help you might need, I'm done with this. :thumbup:
I mean, rest assured and know in your heart that you are in fact completely and totally wrong, and the name Tottenham Hotspur Stadium was intentionally chosen to AVOID the accrual of brand value, so as to preserve it for sale to a corporate sponsor.

I and everyone else know your take is completely incorrect, but I am nonetheless fascinated by it, because of the hypotheticals that spin out from it.

Would you rather the new stadium be referred to as "White Hart Lane"?
 
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