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Management ENIC

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ENIC In or ENIC Out

  • Total voters
    209
Harrier said:
So bored of reading anything you’ve posted!

Congratulations!

You’ve been promoted to my ignore list with the other idiots!

:nunothumb:
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OK.

I'm gutted to be honest.

Good luck with the Levy nostalgia.

See Ya Hello GIF by Wilson Tennis



View: https://www.youtube.com/watch?v=kwwaWVP2PGE&list=RDkwwaWVP2PGE&start_radio=1
 
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skywalker68 said:
We don't know the true intentions of the Lewis family.
They could, be genuinely keen on the club to push on or, getting into a better financial position for a sale.
Personally I suspect the latter, if that's the case then from a football perspective sooner the better.
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Apparently with the value of the new TV deals, club valuations are going to shoot up. I suspect they're waiting to see what happens there.
 
Brian Fantana said:
It is cute people still dont understand transfers arent all paid in one go. £100m is a good amount. I suspect we will sort naming rights soon now Levy isnt there pissing about with it, which will bring more in.

Maybe, just maybe, they are telling the truth and will give it a go.

It isnt really strange to announce it either, it will appear on Companies House, so it wont exactly be a secret.
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It'll be interesting to see what happens with naming rights if anything happens at all.

An initial question – is it all that? A good current stadium-only, football-related deal would be something like £10m/year for, say, 10 years. It's really not so much in the scheme of things. We can see why it's rumoured that Levy wanted a significantly bigger deal, like £25m/year, or not at all.

I wondered whether we should be waiting for more on-pitch progress. Maybe. But Bayern Munich's Allianz deal is no more than £10m/year, for example.

Our multi-use stadium may be of more value, and that's a developing story with the recent increase of non-football events from a 16/year to a 30/year maximum. We're unique because of our NFL involvement, which means we should in principle be after a name with a US as well as a UK profile.

Then there's all the talk that media rights income could increase substantially with the involvement of the streaming 'giants'. This would have implications for naming rights.

It's said that there are benefits in the 'brand value' of the 'Tottenham Hotspur Stadium' name itself, which the club may be able to exploit further. There are reasons why, for example, Man Utd or R Madrid are not selling naming rights for Old Trafford or the Bernabeu – at least not yet. Barça's decision to go with Spotify for c. €20m /year, which appears to include a shirt front deal, may have been forced by their financial problems.

It's worth asking whether we might have a different strategy. For example, the Sport Illustrated association with the East Stand might open up opportunities for other parts of the stadium. Whether this is relevant to naming of the stadium as a whole is another question.

Given the relatively low level of naming rights deals even for super clubs, and given the state of flux in football finance, I'd be adopting a wait and see strategy.
 
Play Up Spurs!!!! said:
It'll be interesting to see what happens with naming rights if anything happens at all.

An initial question – is it all that? A good current stadium-only, football-related deal would be something like £10m/year for, say, 10 years. It's really not so much in the scheme of things. We can see why it's rumoured that Levy wanted a significantly bigger deal, like £25m/year, or not at all.

I wondered whether we should be waiting for more on-pitch progress. Maybe. But Bayern Munich's Allianz deal is no more than £10m/year, for example.

Our multi-use stadium may be of more value, and that's a developing story with the recent increase of non-football events from a 16/year to a 30/year maximum. We're unique because of our NFL involvement, which means we should in principle be after a name with a US as well as a UK profile.

Then there's all the talk that media rights income could increase substantially with the involvement of the streaming 'giants'. This would have implications for naming rights.

It's said that there are benefits in the 'brand value' of the 'Tottenham Hotspur Stadium' name itself, which the club may be able to exploit further. There are reasons why, for example, Man Utd or R Madrid are not selling naming rights for Old Trafford or the Bernabeu – at least not yet. Barça's decision to go with Spotify for c. €20m /year, which appears to include a shirt front deal, may have been forced by their financial problems.

It's worth asking whether we might have a different strategy. For example, the Sport Illustrated association with the East Stand might open up opportunities for other parts of the stadium. Whether this is relevant to naming of the stadium as a whole is another question.

Given the relatively low level of naming rights deals even for super clubs, and given the state of flux in football finance, I'd be adopting a wait and see strategy.
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Tottenham Hotspur Tavistock Stadium. That's an easy 250m they could pump in right there.
 
Spurs are yet to update their shareholder information on the website to allow us to see impact on respective holdings, but there is one minor difference in this injection compared to May 2022 injection I spotted.
This injection has specifically referenced ENIC Sports & Development Holdings Ltd (rather than ENIC Sports Inc which was the case in May 2022) - see the structure chart below pre this injection.
Could quite easily mean nothing, but one would expect Levy's ownership stake will not increase like it has in the past for these types of injections.
If that's the case, may also be some restructuring at the Bahamas level for the ENIC group companies above Tottenham Hotspur Limited to allow Lewis Family trust increased ownership, but diluting others.Will keep you posted as we see actual impact on holdings in due course.

G20Tm-YWUAExodN



View: https://x.com/levynomics1882/status/1976258302368526644
 
SpiderSpurs said:
Spurs are yet to update their shareholder information on the website to allow us to see impact on respective holdings, but there is one minor difference in this injection compared to May 2022 injection I spotted.
This injection has specifically referenced ENIC Sports & Development Holdings Ltd (rather than ENIC Sports Inc which was the case in May 2022) - see the structure chart below pre this injection.
Could quite easily mean nothing, but one would expect Levy's ownership stake will not increase like it has in the past for these types of injections.
If that's the case, may also be some restructuring at the Bahamas level for the ENIC group companies above Tottenham Hotspur Limited to allow Lewis Family trust increased ownership, but diluting others.Will keep you posted as we see actual impact on holdings in due course.

G20Tm-YWUAExodN



View: https://x.com/levynomics1882/status/1976258302368526644
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So Levy's share is being devalued?

:gallashmm:
 
SameOldSpurs said:
And we will likely still be paying installments for players like Johnson and Solanke.

So in regards to a 100 injection isnt 100m to spend on players, it could be for activating buy out clauses but it's a rolling thing, and having spent around a net -150m this summer and a net -100m the season before, taking into account our 23 24 losses for the period of over 100m, I would still say we would need significantly more injected than 100m if we want to put together a serious, top 3 standard of squad.

Each player of the level we require we can expect to spend 50-150m for, and if you want to get the best players out of their clubs - we'll they can demand a large portion of the fee up front.

We won't be able to buy a goalkeeper, a few defenders, several midfielders and a completely new attacking line based on this 100m injection. It probably just balances the books and keeps us steady. Significantly more is needed and the amounts required to build squads increases every year. Just look at what should be our rivals are spending.
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Yeah I agree. Probably will go to reducing the transfer debt too. That will help us move freer in the market though. More money is always good. Let’s hope there is more to come though.
 
TottsAmazeballs said:
www.bbc.co.uk

Tottenham Hotspur owners inject £100m into club

Tottenham Hotspur's majority owners inject £100m of new capital into the club.
www.bbc.co.uk www.bbc.co.uk

Tom Delonge Reaction GIF


:frankwtf:

Can someone please explain WTF is going on?

Is it… is it jam today?
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The strangest thing about it, in some unavoidable ways, is that ENIC have put in £100m, but they get that back through additional share dilution, so effectively the other 13% or so are kind-of 'chipping in' by having their stakes reduced pro-rata. (basically the 13%'s total stock is reduced by £100m and ENICs 86% gets £100m more of % added).

But because the Levy Family trust is supposedly due 30% of ENIC, I guess that effectively gains £30m in 'value'.

So, the club gets £100m to spend and Levy gains £30m, so everyone obsessed about how much he was getting paid as a chairman can now be annoyed that he's just gained £30m more by doing fuck all

:levyeyes:
 
Kosher Kid said:
So Levy's share is being devalued?

:gallashmm:
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I don't see that it is possible, because any route the shares go via is still the same proportion. Whether it is 'ENIC Sports Inc' or 'ENIC Sports & Development Holdings Ltd', he still (loosely termed) owns 30% of the 86%.

The only way his share is devalued is if the lewis family devalue their share
 
CJJ said:
I don't see that it is possible, because any route the shares go via is still the same proportion. Whether it is 'ENIC Sports Inc' or 'ENIC Sports & Development Holdings Ltd', he still (loosely termed) owns 30% of the 86%.

The only way his share is devalued is if the lewis family devalue their share
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Is that what they are doing?

Reducing the value of each share?

:gallashmm:
 
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