I’m broadly of the opinion that a deal is already in place.
Daniel leaving was a necessary step in beginning formalisation.
I think we’ll be under new ownership next season.
-
The Fighting Cock is a forum for fans of Tottenham Hotspur Football Club. Here you can discuss Spurs latest matches, our squad, tactics and any transfer news surrounding the club. Registration gives you access to all our forums (including 'Off Topic' discussion) and removes most of the adverts (you can remove them all via an account upgrade). You're here now, you might as well...
Management ENIC
- Thread starter The Fighting Cock
- Start date
Latest Spurs videos from Sky Sports
Daniel leaving was a necessary step in beginning formalisation.
I think we’ll be under new ownership next season.
Whatever the truth is or isn’t in this story
It certainly isn’t the last time this will crop up that is for sure
It certainly isn’t the last time this will crop up that is for sure
The £1.2 bn is for transfer fund plus player wages plus signing on fees and agent fees etc.
Given player wages can be £ 20m pa (£400k pw) and on a 5 year contract that's worth £100m (similar to the transfer fee for a player) and you don't want to know about agent fees - Haaland's agent fee dwarfed the transfer fee
So you could find the £1.2 bn was more like £400m to £500m in total transfer fees - and spread over a couple of years.
So still big money - but might only buy say 5 top players for close to £100m each with balance going on player wages and signing on fees and agent fees.
That might be a bit cynical ..... but certainly closer than spending £1.3 bn on transfer fees
As an aside I thought this was an interesting and frank discussion of club ownership
Why are NFL franchises more valuable than football clubs? – The BookKeeper’s mailbag
The BookKeeper answers your finance questions, including how much of Brighton's transfer spend in their history has been covered by Chelseawww.nytimes.com
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.
The big reason is NFL has no relegation - so all the income NFL attracts goes on for ever.
Whilst relegation is unlikely for the top say 4 or 5 in PL, Spurs were relegated in mid 70;s as were ManU, Liverpool were not in top division before Revie etc, ManCity even went down to 3rd division etc ,,,,,, . so its certainly relegation is possibility if unlikely. Hence PL clubs are valued lower than NFL
If not before. Nothing to stop it happening fairly quickly once all the checks have been done. 4.5 B is not a lot of money for 10 or 12 big US players. 400M each? Chicken feed to a lot of these guys
The Eubank Jr fight in November ought to cover itUnder FFP and PSR rules etc can we spend 1.2 bill in Jan???
Surprised one of the middle eastern dictatorships /countries haven't jumped on us ,we cover sports washing , music washing ...we even do fucking go karting !
Last edited:
Now that Levy is out they might.
Im getting Ted Nugent vibes from this fella
They could be part of the 12 man consortium
They arnt going to sell for £3.3bn. This club is worth 4bn minimum. Its worth more than Chelsea.
The £1.2bn on players is irrelevant to ENIC.
The £1.2bn on players is irrelevant to ENIC.
Last edited:
It’s valued at £3b - £3.75 billion
I heard that this Brooklyn Earick follows Change for Tottenham on Twitter. Not sure if true or not.
Says who? Chelsea went for £4.5m and we bring in more revenue and are more profitable. They wont sell for less than 4bn.
Have you not seen them try to sell a player? I wouldnt be suprised if it took £5bn.
Do they still have lap dancing?
Says Forbes and other such financial experts / publications
A valuation is a guideline as both sides have to agree on a number but it appears that our Daniel was getting in the way of potential deals , all depends how much ENIC want to sell at the moment which only they know
Chelsea sold for £2.5bn
Get all the go-karts a valet.£1.2B to spend in January
What are we gonna do buy La Liga?
5 elite players is enough for a title and CL challenge. That’s all you would need. The below would make us one of the best teams in the world added to the current squad.
Semenyo
Kane
De Jong
Alphonso Davies
Vitinha