No-one has an issue with them channeling money out - as you say it simply doesn’t happen. The issues and discontent are beyond that and relate to a lack of ambition, leadership and god awful football decisions repeatedly made again and again.I don’t know why I open this thread sometimes - it is the same people making up fanciful stories to sell an agenda that ENIC are bad for Spurs. Every clubs football supporters hate the club owners unless they bankroll the team (Chelsea and City) so it really is just a way of venting for football supporters everywhere.
Just to be clear because people forget this shit when foaming at the mouth, the stadium is owned by THFC. ENIC owns circa 85% of THFC. Revenue from a boxing match hosted by the stadium cannot be magically channeled into ENIC’s pockets. The revenue goes to THFC. If we sell the naming rights on the stadium owned by THFC the money goes to THFC.
We are living in a first world country. It is not possible to “channel money to ENIC“ from THFC except by dividends for the 85% of shares owned. If they did that then
1. THFC would also have to pay the other 15% of shareholders their dividends (They don’t); and
2. The income to ENIC is taxable income.
I don’t know why I bother though. People will build themselves back into a lather about bugger all in a page or two and go back to claiming ENIC are sucking THFC dry.
Posts like yours ignore the point and cloud the issue
LEVY OUT