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Management ENIC

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ENIC In or ENIC Out


  • Total voters
    209
Yeah, doesn't actually look that credible. I'd be taking a hard look at whether him and the consortium actually have $4.5bn.

I don’t think the money would be hard to raise. Chelsea’s is heavily Saudi via Clearlake Capital. They could tap up funds all over the place, question is more would they be good owners, give the money to grow and let Vinai get on with it or would they do a Eghbali at Chelsea and look to play football manager.

Having owners with actual cash allows us to grow in a way we couldn’t under ENIC but it won’t work if they are unprofessional and start to micro manage the club. We now have a good football structure, it just needs a bit of cash to grow into what it needs to be.

To put Chelsea into perspective they have spent £1.2bn of their new owners money and arguably don’t have a better or much better squad than us. That is the power of owners running the gaff with no clue.

In short

Cash rich owners who trust the football experts = very good

Cash rich owners who want to play football manager = very bad
 
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Promises are lovely but like to understand a bit more about this, £1.2bn for the playing squad is great but it could easily be pie in the sky.


View: https://x.com/lastwordonspurs/status/1971305731358884333?s=46&t=Gc6HrWVZT0mtSXU7r8ZBIQ

As if the proposed timeline, emphasis on headline-grabbing and supporter-stirring numbers for transfer spending which are irrelevant to any sale, and public trumpeting in the Sun did not make it obvious enough, Brooklyn Earick is not a serious guy


If it happens, we will hear about it from all the legitimate sources all at once because it's already done.
 
I don’t believe anything until it’s official. £1.2B would probably be close to Lego head’s spending at Woolwich; but the media would be demanding we win the Quadruple 🙄
 
maybe flush out all the other interested parties.
The one positive that those hoping for the club to be sold can take from recent events is that there can be no doubt that interested parties are circling.

There's a lot of money out there interested in owning a big European football club, and we're in the front of that shop window atm.

Team Lewis may be exactly as uninterested in handing over majority control as they say they are, but that won't stop the phone from ringing.
 
As an aside I thought this was an interesting and frank discussion of club ownership


How is it possible that NFL franchises are commonly cited as the most valuable in sport when Real Madrid, Liverpool, Barcelona and Manchester United surely have far bigger brands/ global reach and play far more games? Are U.S. teams simply better at fleecing their fans? And is this what is heading our way with the American ownership in the Premier League? — Dan I.

There are quite a few answers to this, and I won’t pretend to suggest I’ve covered them all here. But let’s give some of the big ones airtime.

The most obvious point is the relative lack of downside risk in the NFL. There are 32 teams in professional American football’s top flight, and the competition’s format means none of them can be relegated at the end of a season, no matter how badly they perform. That, from a financial perspective, provides an earnings floor that simply doesn’t exist in football/soccer.

We don’t get much insight into the finances of the NFL other than from the annual accounts of the league’s only publicly owned franchise, the Green Bay Packers, but even those help make clear why its franchises have such value placed on them. In the year to March 31, 2025, covering the 2024 season, the Packers received $432.6million (£328.8m) in national revenues — an equal share that all 32 teams receive. That is just the equally distributed amount; teams make more on top from local revenues, some of them substantially so.

NFL teams also share part of ticketing revenue equally, and merchandise and licensing deals are also organised centrally. It all adds up to one thing that investors love: stability. The NFL’s broadcast deals are huge in their own right but a big attraction to would-be team owners is the fact that they’re also long-term. The NFL’s current agreement runs to 2033, meaning its franchises can model revenues way down the line. Such long-term deals don’t exist (yet?) in football.

Alongside that earnings floor is a cost ceiling: the NFL’s (hard) salary cap. That is rising steadily but is pegged to the league’s revenue growth. In the 2024 season, the salary cap was $255.4million (£194.1m), or just 59 per cent of each team’s share of national revenues. There are many other costs besides player salaries, but the league’s financial model is clearly pointed toward limiting expenditure and making teams profitable.
 
Yeah, doesn't actually look that credible. I'd be taking a hard look at whether him and the consortium actually have $4.5bn.
There's loads of checks that Ensure the buying party has the resources to buy a club. It's why the 777 Everton deal didn't go through.

So if it passes their checks, they absolutely have the money. The consortium are allegedly involved in NFL and NBA which are more expensive than football too. So I'd say the likelihood of them having the money is fairly high.
 
I don’t think the money would be hard to raise. Chelsea’s is heavily Saudi via Clearlake Capital. They could tap up funds all over the place, question is more would they be good owners, give the money to grow and let Vinai get on with it or would they do a Eghbali at Chelsea and look to play football manager.

Having owners with actual cash allows us to grow in a way we couldn’t under ENIC but it won’t work if they are unprofessional and start to micro manage the club. We now have a good football structure, it just needs a bit of cash to grow into what it needs to be.

To put Chelsea into perspective they have spent £1.2bn of their new owners money and arguably don’t have a better or much better squad than us. That is the power of owners running the gaff with no clue.

In short

Cash rich owners who trust the football experts = very good

Cash rich owners who want to play football manager = very bad
Cash poor owners who want to play football manager and make club signings - awful

:levyeyes:
 
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