Well, we do know that ENIC are good at creative accounting and here's more proof. With the new stadium build, I have no doubt Spurs have the largest carbon footprint of all English clubs over the last decade. But we recycle the plastic cups, so...
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Well, we do know that ENIC are good at creative accounting and here's more proof. With the new stadium build, I have no doubt Spurs have the largest carbon footprint of all English clubs over the last decade. But we recycle the plastic cups, so...
Meanwhile Chelsea, city, Liverpool and soon to be Newcastle will continue to grow their trophy cabinets #oil slavers for you.
Would you rather we just not bother then? It’s a good thing. There’s loads to moan at levy and Lewis about but this isnt one of them.
I'm happy about it. I was just commenting on the replies this tweet was going to get...
Unless Mendes gets us Haaland this summer it's time for #mendesout
ENIC and the long-term future of Tottenham Hotspur
There has been plenty of interest in investing in Spurs in recent years but, after a turbulent 12 months, are ENIC closer to selling up...?
theathletic.com
- "There has been plenty of interest in investing in Tottenham Hotspur in recent years but no would-be investor has received the welcome Forrest Li got in December."
- "If Li wanted to buy Tottenham outright, the 44-year-old billionaire would have to get very, very close to what the club’s current owners ENIC think it is worth, as the Bahamas-registered investment firm does not need to sell. That price tag is understood to be £3 billion: £2.3 billion for the shares, plus £700 million of debt."
- "While Li is rich enough to do that, he is more likely to start with a minority stake — £3 billion is a scary number for anyone to write on a cheque and even the biggest hitters tend to do these things in instalments."
- “It has always been a question of when,” says a source close to Levy and Lewis. “Daniel has said that he is building this to sell it. But there’s hardly a club in the Premier League that isn’t for sale at the right price.”
- "If Levy does want to talk turkey, he and Lewis would make a huge profit on their investment. Whatever fans might think about their management of the football side of the business, there is no question they have built Tottenham into something far more valuable than it was in 2000, when they bought 29.9 per cent of the club from Alan Sugar for £22 million. "
- "The Athletic is aware of other suitors, though, with the name of one prominent American family cropping up several times. We have asked this particular family if the rumours are true and they have strongly denied them, so, we will not name them now but we will be paying close attention to their next moves in the sport and entertainment space."
- "But even aside from Boehly, Levy has held talks over the years with Robert Kraft, owner of the NFL’s New England Patriots and Stephen Ross of the Miami Dolphins, as well as Frank McCourt, who used to own the Dodgers and now owns Ligue 1 side Marseille."
- "So, whether Tottenham are sold tomorrow, next year or next decade, fans frustrated with Levy’s stewardship of the club should not expect to see him sail off to the Caribbean until he is absolutely ready."
HAHAHAHAHAHAHAHAHAHAHA
Forest Li, named after forest gump.ENIC and the long-term future of Tottenham Hotspur
There has been plenty of interest in investing in Spurs in recent years but, after a turbulent 12 months, are ENIC closer to selling up...?
- "There has been plenty of interest in investing in Tottenham Hotspur in recent years but no would-be investor has received the welcome Forrest Li got in December."
- "If Li wanted to buy Tottenham outright, the 44-year-old billionaire would have to get very, very close to what the club’s current owners ENIC think it is worth, as the Bahamas-registered investment firm does not need to sell. That price tag is understood to be £3 billion: £2.3 billion for the shares, plus £700 million of debt."
- "While Li is rich enough to do that, he is more likely to start with a minority stake — £3 billion is a scary number for anyone to write on a cheque and even the biggest hitters tend to do these things in instalments."
- “It has always been a question of when,” says a source close to Levy and Lewis. “Daniel has said that he is building this to sell it. But there’s hardly a club in the Premier League that isn’t for sale at the right price.”
- "If Levy does want to talk turkey, he and Lewis would make a huge profit on their investment. Whatever fans might think about their management of the football side of the business, there is no question they have built Tottenham into something far more valuable than it was in 2000, when they bought 29.9 per cent of the club from Alan Sugar for £22 million. "
- "The Athletic is aware of other suitors, though, with the name of one prominent American family cropping up several times. We have asked this particular family if the rumours are true and they have strongly denied them, so, we will not name them now but we will be paying close attention to their next moves in the sport and entertainment space."
- "But even aside from Boehly, Levy has held talks over the years with Robert Kraft, owner of the NFL’s New England Patriots and Stephen Ross of the Miami Dolphins, as well as Frank McCourt, who used to own the Dodgers and now owns Ligue 1 side Marseille."
- "So, whether Tottenham are sold tomorrow, next year or next decade, fans frustrated with Levy’s stewardship of the club should not expect to see him sail off to the Caribbean until he is absolutely ready."
Wealth comes from Gaming and e-commerce.
Wouldn't be too bad, he's worth 8bn. But would he spend over 25% of his wealth on a football team.
3b looooooooooool
So we are stuck with them if that's really what they value the club at.
So we are stuck with them if that's really what they value the club at.
would be a consortium wouldn't it.
The only owner there that I have any worthwhile knowledge on is McCourt, who is the owner of Marseille since 2016.
He walked on a few landmines since he took over, but to his credit has become a better owner, especially in the last few years. And has a competent staff in place to run the club for him after the fan protests following AVB falling out with the old directors.
But he is invested in Marseille so I don't see how he would justify investing in both them and us.
The article even says as much. Li would not be buying the club in one go. It would be buying a share of the club initially and probably with a consortium involved. And just buy more shares as time goes on.
To my mind there are three options.
1) There is a private share placing and any minority shareholder would want at least 25% On current value of 1.7 billion this would have to be reduced to make it attractive say 1.5 billion which would bring in 375 million into the cub and be available to strengthen team. This would reduce current shareholders stake but success on the field would in the long run increase the value of their shares,
2) ENIC sells 25% of its shareholding which doesn't benefit the club at all.
3) They sell all of their shares which once again doesn't benefit the club
Scenarios 2 & 3 seem to me to be most unlikely in the present climate as we will still need shareholders investment into the club to give us a chance of competing. Continued on field success will increase revenues and the overall value of the club.
The first option seems to me to be the best but unless there is a complete sale Danny boy will be here for years to come.
1) There is a private share placing and any minority shareholder would want at least 25% On current value of 1.7 billion this would have to be reduced to make it attractive say 1.5 billion which would bring in 375 million into the cub and be available to strengthen team. This would reduce current shareholders stake but success on the field would in the long run increase the value of their shares,
2) ENIC sells 25% of its shareholding which doesn't benefit the club at all.
3) They sell all of their shares which once again doesn't benefit the club
Scenarios 2 & 3 seem to me to be most unlikely in the present climate as we will still need shareholders investment into the club to give us a chance of competing. Continued on field success will increase revenues and the overall value of the club.
The first option seems to me to be the best but unless there is a complete sale Danny boy will be here for years to come.
I’ve said it on here before but I don’t think anything happens until Lewis passes purely bc they’ll want so much to sell their cash cow. I wouldn’t be stunned if that £3bn price tag is right, we knew they valued the club a over a billion when we just had planning permission to build the stadium lol
In the article says he is now worth around 5b . Lost a bucketload last year when share price in his gaming company SEA dropped dramatically. It was thought that a cash injection from Li was possibly the reason why Conte signed. Whether it happens or not is another matter.
An American bought into Palace last year for 90m. They then spent around 60m on the team .
Something on a larger scale would be great for us.
Nope, plenty of juice to squeeze out of that lemon. I suspect that that valuation might be a stretch when empty seats turn into unsold season tickets
