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Management ENIC

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ENIC In or ENIC Out

  • Total voters
    209
Teach said:
What the Lewis family are investigating is threefold:

Firstly losing potentially millions by turning down and losing lucrative sponsorship deals. The potential companies are being talked to to see what the process was.

Secondly, they are looking at contracts with builders and suppliers of the new stadium and if any were inflated and contractors then used by Levy for his interests. Ie his home which is being built in the Bahamas.

Thirdly turning down a number of take over offers. They are investigating whether he put his interests first and the Lewis interests second. Teflon demanding a high price and staying on with a lucrative contract and being in control. Which of course no buyer would agree to.
They are talking to these potential buyers.

The third is the most damaging if proved it could lead to litigation and the Lewis family suing him for billions in lost earnings

As I say it’s only allegations but they are certainly looking at everything
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Come on Teach... you know nothing. We might hate Levy but if I had ten grand to invest I know who I would give it to. If you think for one minute that Levy is scrupulous and underhand then you clearly don't know him at all. If anything, he plays everything too straight. Not willing to bend any rule let alone break it. The Stadium sponsorship often gets banded about but the truth is there was more value in keeping the Tottenham Hotspur Stadium name than changing it to the Netflix Stadium for 10m a year. Those who understand brand value will know what I am talking about here. Obviously, if a stupid offer came along then it would be considered but no stupid offer was ever made. Your second point is baseless. I imagine there were 100's of different suppliers but the main two Populous (Architects) and Mace (Construction) are two of the more reputable companies out there. Levy did not pop down the pub for a beer with Nigel and did a deal for Nigel's brother in law to lay the flooring at the new stadium so long as he popped over to the Bahamas and did the flooring in his mansion for free. The final one is the most hilarious accusation of them all. ENIC own ~87% of Spurs with the other ~13% held by minority shareholders. Levy owns 30% of ENIC which in effect is about 26% of Spurs. Any offer received for the club would have to be discussed by the majority shareholders (ENIC) and the final decision if there was not a unanimous view would come down to a vote and as I am sure you have figured out, 26% is not a number that is going to win many votes nor is Levy going to make a decision of that magnitude on his own. Levy had his faults but trying to paint him as some shady white collar crook is poor.
 
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_mehstg said:
Come on Teach... you know nothing. We might hate Levy but if I had ten grand to invest I know who I would give it to. If you think for one minute that Levy is scrupulous and underhand then you clearly don't know him at all. If anything, he plays everything too straight. Not willing to bend any rule let alone break it. The Stadium sponsorship often gets banded about but the truth is there was more value in keeping the Tottenham Hotspur Stadium name than changing it to the Netflix Stadium for 10m a year. Those who understand brand value will know what I am talking about here. Obviously, if a stupid offer came along then it would be considered but no stupid offer was ever made. Your second point is baseless. I imagine there were 100's of different suppliers but the main two Populous (Architects) and Mace (Construction) are two of the more reputable companies out there. Levy did not pop down the pub for a beer with Nigel and did a deal for Nigel's brother in law to lay the flooring at the new stadium so long as he popped over to the Bahamas and did the flooring in his name mansion for free. The final one is the most hilarious acquisition of them all. ENIC own ~87% of Spurs with the other ~13% held by minority shareholders. Levy owns 30% of ENIC which in effect is about 26% of Spurs. Any offer received for the club would have to be discussed by the majority shareholders (ENIC) and the final decision if there was not a unanimous view would come down to a vote and as I am sure you have figured out, 26% is not a number that is going to win many votes nor is Levy going to make a decision of that magnitude on his own. Levy had his faults but trying to paint him as some shady white collar crook is poor.
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Agree.

This is all just a "rebranding" of ENIC, feeding the trolls fairy tales stories of how Levy, in actually making the Lewises multi-billionaires and getting the club to being a CL team, was actually just lining his own pockets.

Unlike, you know, "The Lewis Family", who are now multi-billionaires for doing absolutely fuck all.

But of course like all rich little goblins, it sounds like they are being greedy and want to make a smear campaign to get all the cash for themselves.

Two things don't make sense:
  1. Why 'teach' (who is a relatively new account) is suddenly "ITK" and acting like "The Lewis Family" are victims all of a sudden
  2. Why "The Lewis Family" (who have publicly refused to sell to at least 2 or 3 consortiums in recent months) are trying to spin some line that Levy refused to sell the club, when one of those consortiums provided evidence that the Levy-chaired version of the club was entering into negotiations with them.
 
CJJ said:
Agree.

This is all just a "rebranding" of ENIC, feeding the trolls fairy tales stories of how Levy, in actually making the Lewises multi-billionaires and getting the club to being a CL team, was actually just lining his own pockets.

Unlike, you know, "The Lewis Family", who are now multi-billionaires for doing absolutely fuck all.

But of course like all rich little goblins, it sounds like they are being greedy and want to make a smear campaign to get all the cash for themselves.

Two things don't make sense:
  1. Why 'teach' (who is a relatively new account) is suddenly "ITK" and acting like "The Lewis Family" are victims all of a sudden
  2. Why "The Lewis Family" (who have publicly refused to sell to at least 2 or 3 consortiums in recent months) are trying to spin some line that Levy refused to sell the club, when one of those consortiums provided evidence that the Levy-chaired version of the club was entering into negotiations with them.
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If anything, the Lewis family are bigger crooks. Daddy will be under house arrest for the rest of his life due to his insider trading.
 
_mehstg said:
Come on Teach... you know nothing. We might hate Levy but if I had ten grand to invest I know who I would give it to. If you think for one minute that Levy is scrupulous and underhand then you clearly don't know him at all. If anything, he plays everything too straight. Not willing to bend any rule let alone break it. The Stadium sponsorship often gets banded about but the truth is there was more value in keeping the Tottenham Hotspur Stadium name than changing it to the Netflix Stadium for 10m a year. Those who understand brand value will know what I am talking about here. Obviously, if a stupid offer came along then it would be considered but no stupid offer was ever made. Your second point is baseless. I imagine there were 100's of different suppliers but the main two Populous (Architects) and Mace (Construction) are two of the more reputable companies out there. Levy did not pop down the pub for a beer with Nigel and did a deal for Nigel's brother in law to lay the flooring at the new stadium so long as he popped over to the Bahamas and did the flooring in his mansion for free. The final one is the most hilarious accusation of them all. ENIC own ~87% of Spurs with the other ~13% held by minority shareholders. Levy owns 30% of ENIC which in effect is about 26% of Spurs. Any offer received for the club would have to be discussed by the majority shareholders (ENIC) and the final decision if there was not a unanimous view would come down to a vote and as I am sure you have figured out, 26% is not a number that is going to win many votes nor is Levy going to make a decision of that magnitude on his own. Levy had his faults but trying to paint him as some shady white collar crook is poor.
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This is the scope of the investigation apparently it’s not my ideas. I suspect the reality to any wrong doings is a middle ground
 
CJJ said:
Agree.

This is all just a "rebranding" of ENIC, feeding the trolls fairy tales stories of how Levy, in actually making the Lewises multi-billionaires and getting the club to being a CL team, was actually just lining his own pockets.

Unlike, you know, "The Lewis Family", who are now multi-billionaires for doing absolutely fuck all.

But of course like all rich little goblins, it sounds like they are being greedy and want to make a smear campaign to get all the cash for themselves.

Two things don't make sense:
  1. Why 'teach' (who is a relatively new account) is suddenly "ITK" and acting like "The Lewis Family" are victims all of a sudden
  2. Why "The Lewis Family" (who have publicly refused to sell to at least 2 or 3 consortiums in recent months) are trying to spin some line that Levy refused to sell the club, when one of those consortiums provided evidence that the Levy-chaired version of the club was entering into negotiations with them.
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Almost like the fairy tales levy told of him being a fan, having a season ticket at the lane when he was a kid. We all believe what we want I guess. At the end of the day ENIC-Levy-Levy-ENIC. The same, in it for the money, not football success. if they were so juxtaposed it would of blown up way before 26 years.
 
dustybin said:
Almost like the fairy tales levy told of him being a fan, having a season ticket at the lane when he was a kid. We all believe what we want I guess. At the end of the day ENIC-Levy-Levy-ENIC. The same, in it for the money, not football success. if they were so juxtaposed it would of blown up way before 26 years.
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Nailed it.

I think I posted this before. It's something the Levy fan boys don't like to talk about too much.

Eb80wIzUYAAi6jr


"We chose football because it is the most popular sport on earth and the biggest money spinner"
Daniel Levy
 
Tottenham Massive said:
Nailed it.

I think I posted this before. It's something the Levy fan boys don't like to talk about too much.

Eb80wIzUYAAi6jr


"We chose football because it is the most popular sport on earth and the biggest money spinner"
Daniel Levy
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If you think about it logically then from a commercial point ENIC get A* - they have turned us into one of the most valuable clubs in the world which of course benefits them and not the fans. They have grown their asset from an original investment of around 50m (22m in 2000 and a further 27m in 2007) to buy out Sugar to what it it worth today (in 2024 Forbes valued Spurs at 2.5b). That is an incredible return on investment. However, the footballing side is a big fat F. One League Cup and One Europa League in 25 years of ownership. We are living proof that you don't need any on pitch success to be the most admired club off the pitch. Sadly, we are an asset of an investment company and football is neither here nor there.
 
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Statement month ahead

Don't be seen to have sacked Levy and to then do things the same way, or what some might see as worse, if that was the presumed basis for dismissing the man.

If we have targets and my God we need to have them, let's aim to show we do have the money to back up the interest.

We can't spend like some may want but we can surely outbid and attract quality players more than most.
 
Notabadsquad said:
Don't be seen to have sacked Levy and to then do things the same way, or what some might see as worse, if that was the presumed basis for dismissing the man.
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But I thought you happy with the way we did things with Levy!

Half your posts on here were attacking anyone who criticised Levy / ENIC so you want more of the same, surely?

You really are the strangest poster on here
 
_mehstg said:
If you think about it logically then from a commercial point ENIC get A* - they have turned us into one of the most valuable clubs in the world which of course benefits them and not the fans. They have grown their asset from an original investment of around 50m (22m in 2000 and a further 27m in 2007) to buy out Sugar to what it it worth today (in 2024 Forbes valued Spurs at 2.5b). That is an incredible return on investment. However, the footballing side is a big fat F. One League Cup and One Europa League in 25 years of ownership. We are living proof that you don't need any on pitch success to be the most admired club off the pitch. Sadly, we are an asset of an investment company and football is neither here nor there.
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In fairness though, the ownership change coincided hugely with a complete shift in the success mechanism in football when Abrahmovic starting pumping stolen russian public funds into football.

There have only been two clubs since 2000 who have interrupted the existing monopoly, and both are basically corrupt money laundering operations.
 
CJJ said:
Except that is actually something which has been reported as fact, rather than invented in the minds of internet personalities

Just one of the many examples prior to the ownership change

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that just comes from Levy telling a reporter he used to go to games. That’s not the sort of thing theyre going to cross reference with four or five independent sources. We know that. I think calling that a fact is very generous
 
AberdeenYid said:
I don’t necessarily agree with what Levy did or didn’t do, as I don’t know what he did or didn’t do. All I was saying was I can see how anything mentioned thus far can be very simply defended.

Incompetence rather than dishonesty and there’s not a whole lot the Lewis family can do about that.
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And if it’s incompetence the Lewis family are at least partly culpable themselves
 
dustybin said:
that just comes from Levy telling a reporter he used to go to games. That’s not the sort of thing theyre going to cross reference with four or five independent sources. We know that. I think calling that a fact is very generous
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Let me guess - you would want someone with a photo of him stood with his season ticket in the South Stand in the 90s for it to be true? Don't you think someone over the last 30 years would have been in a position to expose him not being a season ticket holder if it was made up? It's been well documented since the mid 90s and been in loads of interviews.

I would say, more to the point, why would he make something like that up - it's not like he ever tried to pander to or required approval from the fans, but the real question is: why does it seem to bother some of you so much? It implies that you only base your belief system on him not being a spurs fan?
 
Dixiefish61 said:
And if it’s incompetence the Lewis family are at least partly culpable themselves
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I think it's all a pathetic attempt to try and embellish some kind of innocence from them, when the overwhelming logic and evidence points towards them being almost completely culpable for it all. They've left the club to be self-funding and are now, seemingly, scheming to cover that up.

It is an allegory for when you see an old person who is left alone constantly until they are on their death bed, then all the kids suddenly start pretending to giving a shit about them. when their house and property is about due to be inherited
 
CJJ said:
In fairness though, the ownership change coincided hugely with a complete shift in the success mechanism in football when Abrahmovic starting pumping stolen russian public funds into football.

There have only been two clubs since 2000 who have interrupted the existing monopoly, and both are basically corrupt money laundering operations.
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And this is what hurt Levy and his plan... he figured that the sustainability rules would mean Spurs would be in a strong position like United, Woolwich and Liverpool. But he didn't bank on the Chavs and then obviously City and now Newcastle being financially doped. It will be interesting to see how Chavs and City fair when the respective cases against them are finally settled. My assumption is both will get off with a big fine, a transfer window or two where they can't sign anyone and maybe a suspended points sentence. Either way, both will appeal. It will be at least 10 more years before it's settled by which time the PL will split into PL1 (the big revenue generating clubs) and PL2 (the Palace, Fulham, Bournemouth's of the world).
 
CJJ said:
I think it's all a pathetic attempt to try and embellish some kind of innocence from them, when the overwhelming logic and evidence points towards them being almost completely culpable for it all. They've left the club to be self-funding and are now, seemingly, scheming to cover that up.

It is an allegory for when you see an old person who is left alone constantly until they are on their death bed, then all the kids suddenly start pretending to giving a shit about them. when their house and property is about due to be inherited
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It does look like they are trying to pin everything on Levy but for that to be accepted and believed they need to drastically change things, certainly regarding transfers. I’m not expecting too much in January and won’t be judging them on that window alone but a different approach and more forceful strategy in the summer window is the minimum required. As well as proper activity for better players and not the also fans we have had up to now, backed up with ‘we tried’ and dilly dallying. That will just not be acceptable.
 
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