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Management Levy / ENIC

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Levy In or Levy Out


  • Total voters
    343
I rarely come onto this thread, as it is quite negative and depressing. But one of my friends posted on our WhatsApp group that after reading Levy's remarks, he was seriously thinking about not renewing his ST, as he saw it as taking away any hope of winning something. So I thought that I needed to find out what was said, as the friend is a bit doom and gloom sometimes. I was shocked to read the comments TBH, couldn't believe how wrong Levy has got it.
My main complaints are:
- We pay the highest prices for the worst football I have seen, since I started watching Spurs.
- Levy paid himself a bonus of £6.58m, more than twice the second highest CEO.
I will renew my ST, but at the last minute, and I will continue my personal boycott on buying anything in the stadium or shop.

I'm going on the heritage walk tomorrow, it'll be interesting to gauge the feeling of the other attendees. I know one of the 'stops' is Bill Nick's house - he must be turning in his grave right now.
 
I rarely come onto this thread, as it is quite negative and depressing. But one of my friends posted on our WhatsApp group that after reading Levy's remarks, he was seriously thinking about not renewing his ST, as he saw it as taking away any hope of winning something. So I thought that I needed to find out what was said, as the friend is a bit doom and gloom sometimes. I was shocked to read the comments TBH, couldn't believe how wrong Levy has got it.
My main complaints are:
- We pay the highest prices for the worst football I have seen, since I started watching Spurs.
- Levy paid himself a bonus of £6.58m, more than twice the second highest CEO.
I will renew my ST, but at the last minute, and I will continue my personal boycott on buying anything in the stadium or shop.

I'm going on the heritage walk tomorrow, it'll be interesting to gauge the feeling of the other attendees. I know one of the 'stops' is Bill Nick's house - he must be turning in his grave right now.
This is exactly why I'm not renewing mine - I get treated better by Charlton FC.
 
I rarely come onto this thread, as it is quite negative and depressing. But one of my friends posted on our WhatsApp group that after reading Levy's remarks, he was seriously thinking about not renewing his ST, as he saw it as taking away any hope of winning something. So I thought that I needed to find out what was said, as the friend is a bit doom and gloom sometimes. I was shocked to read the comments TBH, couldn't believe how wrong Levy has got it.
My main complaints are:
- We pay the highest prices for the worst football I have seen, since I started watching Spurs.
- Levy paid himself a bonus of £6.58m, more than twice the second highest CEO.
I will renew my ST, but at the last minute, and I will continue my personal boycott on buying anything in the stadium or shop.

I'm going on the heritage walk tomorrow, it'll be interesting to gauge the feeling of the other attendees. I know one of the 'stops' is Bill Nick's house - he must be turning in his grave right now.

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His recent comments put me there, honestly. His claiming there is no problem with the way the club is being run or with spending means there's no hope of change. We've steadily been getting worse for years and he only promises more of the same.

It's because he's convinced that he's not the crazy one, it's everyone else. To his mind, he's one of the only rational owners/Chairmen where everyone else is essentially a kamikaze businessmen.

If we're being realistic, he's not actually wrong. Most clubs/companies cannot sustain losses every single year for multiple years, and is a more recent phenomenon caused by entities with seemingly unlimited funds buying up clubs and disrupting the system.

But while he might be correct to a certain extent, this is the world in which he wants to operate in. He must think that he can wait it out until reality resurfaces for most of these clubs, but the reality is that he either needs to play the game or get out of the way.
 
It's because he's convinced that he's not the crazy one, it's everyone else. To his mind, he's one of the only rational owners/Chairmen where everyone else is essentially a kamikaze businessmen.

If we're being realistic, he's not actually wrong. Most clubs/companies cannot sustain losses every single year for multiple years, and is a more recent phenomenon caused by entities with seemingly unlimited funds buying up clubs and disrupting the system.

But while he might be correct to a certain extent, this is the world in which he wants to operate in. He must think that he can wait it out until reality resurfaces for most of these clubs, but the reality is that he either needs to play the game or get out of the way.
He is wrong so are u

No- one expects him to be kamikaze
 
The club is paying the price for some awful transfer decisions.

Ndombelly (62m left for free)
Lo Celso (48m left for 5m)
Sessegnon (27m left for free)
Sachez (42m. Sold for 9m)
Reggie (30m, will leave for free in summer)

Add to that Dier, Holjberg, Lloris, Moura, Dele being allowed to leave for zero fee.

Whomever oversaw transfer activity in this period set the club back years, and have hamstrung our ability to compete in the transfer market.

Clearly, the club has made a significant investment to dig themselves out of this hole - Johnson, Porro, Kulu, Grey, Richarlison, Solanke, Madisson, Odobert all costing significant money.

It is of course very clear that expectations of summer spending will need to be tempered; and we would need to probably break even on net spend. Clearly money can be raised from Romero, Richarlion, Gil, Bissouma and Bentencaur to bring in enforcements.

Even if we qualify for the Champions League, I wouldn't expect we would have any ability for a positive net spend.
 


SJ nailed it with his last lines

The game has changed. Levy maybe built the club into a space ship that’s sustainable but doing huge revenue but it’s still not enough to get it done. The other players in the game are still bigger and prepared to take losses

The moral high ground doesn’t do shit for anyone. Time to sell to someone who can win because Levy and ENIC can’t and won’t
 
The club is paying the price for some awful transfer decisions.

Ndombelly (62m left for free)
Lo Celso (48m left for 5m)
Sessegnon (27m left for free)
Sachez (42m. Sold for 9m)
Reggie (30m, will leave for free in summer)

Add to that Dier, Holjberg, Lloris, Moura, Dele being allowed to leave for zero fee.

Whomever oversaw transfer activity in this period set the club back years, and have hamstrung our ability to compete in the transfer market.

Clearly, the club has made a significant investment to dig themselves out of this hole - Johnson, Porro, Kulu, Grey, Richarlison, Solanke, Madisson, Odobert all costing significant money.

It is of course very clear that expectations of summer spending will need to be tempered; and we would need to probably break even on net spend. Clearly money can be raised from Romero, Richarlion, Gil, Bissouma and Bentencaur to bring in enforcements.

Even if we qualify for the Champions League, I wouldn't expect we would have any ability for a positive net spend.

Every club is paying the price of bad transfers. They just don’t use them as an excuse.

Transfers are never 100% successful. Don’t mean you can use the unsuccessful ones as the reason you can’t try and nail the next transfer
 
The club is paying the price for some awful transfer decisions.

Ndombelly (62m left for free)
Lo Celso (48m left for 5m)
Sessegnon (27m left for free)
Sachez (42m. Sold for 9m)
Reggie (30m, will leave for free in summer)

Add to that Dier, Holjberg, Lloris, Moura, Dele being allowed to leave for zero fee.

Whomever oversaw transfer activity in this period set the club back years, and have hamstrung our ability to compete in the transfer market.

Clearly, the club has made a significant investment to dig themselves out of this hole - Johnson, Porro, Kulu, Grey, Richarlison, Solanke, Madisson, Odobert all costing significant money.

It is of course very clear that expectations of summer spending will need to be tempered; and we would need to probably break even on net spend. Clearly money can be raised from Romero, Richarlion, Gil, Bissouma and Bentencaur to bring in enforcements.

Even if we qualify for the Champions League, I wouldn't expect we would have any ability for a positive net spend.

I think we'll be ok. There are routes available to turn over and strengthen the squad without spending too much. No doubt a huge amount of transfer funds were totally lost between Levy's poor handling of the end of the Poch era, and the 3-4 crap seasons that have followed since then. I like to think he is still beating himself up not selling Dier for 55m, and Dele to RM for 100m. Hopefully he will have learned from that.
 
Every club is paying the price of bad transfers. They just don’t use them as an excuse.

Transfers are never 100% successful. Don’t mean you can use the unsuccessful ones as the reason you can’t try and nail the next transfer

If you want to comply with the rules; you can't just write off bad transfers and go and spend spend spend. We've had to write off close to 300m in player assets - along with spending half a billion on incoming players since Ange arrived. Even with the Kane sale, we have only recouped 170m.

We didn't just have some unsuccessful transfers, they were disastrous. Over the time he was here, Ndombele cost the club more than we got from the sale of Kane.

The good news (yes, there is some), is that the majority of the dead wood is now gone, and we have an excellent core of young players that could serve the club for the next 5-10 years.
 
The club is paying the price for some awful transfer decisions.

Ndombelly (62m left for free)
Lo Celso (48m left for 5m)
Sessegnon (27m left for free)
Sachez (42m. Sold for 9m)
Reggie (30m, will leave for free in summer)

Add to that Dier, Holjberg, Lloris, Moura, Dele being allowed to leave for zero fee.

Whomever oversaw transfer activity in this period set the club back years, and have hamstrung our ability to compete in the transfer market.

Clearly, the club has made a significant investment to dig themselves out of this hole - Johnson, Porro, Kulu, Grey, Richarlison, Solanke, Madisson, Odobert all costing significant money.

It is of course very clear that expectations of summer spending will need to be tempered; and we would need to probably break even on net spend. Clearly money can be raised from Romero, Richarlion, Gil, Bissouma and Bentencaur to bring in enforcements.

Even if we qualify for the Champions League, I wouldn't expect we would have any ability for a positive net spend.
Guessing you enjoy being verbally abused
 
Sitting here this Morning, trying to justify dropping over a grand on another Season Ticket renewal.. This Chairman of ours comes out with that statement.. Doesn't exactly have me running for the Credit Card.

How can he be so disconnected from the match going fans. Even someone I know locally who also attends games as a ST holder, who has always seen the brighter side of things and not got involved with ENIC/Ange out etc debates, announced on Monday night, that he now thinks Levy and ENIC need to sell up.. They have even got to their own fan boys.. That takes some doing Levy, well done....
 
If you want to comply with the rules; you can't just write off bad transfers and go and spend spend spend. We've had to write off close to 300m in player assets - along with spending half a billion on incoming players since Ange arrived. Even with the Kane sale, we have only recouped 170m.

We didn't just have some unsuccessful transfers, they were disastrous. Over the time he was here, Ndombele cost the club more than we got from the sale of Kane.

The good news (yes, there is some), is that the majority of the dead wood is now gone, and we have an excellent core of young players that could serve the club for the next 5-10 years.

Who gives a fuck about complying with the rules?

Not one of the teams that regularly win have been held back by previous unsuccessful transfers. They just go again.
 
Sitting here this Morning, trying to justify dropping over a grand on another Season Ticket renewal.. This Chairman of ours comes out with that statement.. Doesn't exactly have me running for the Credit Card.

How can he be so disconnected from the match going fans. Even someone I know locally who also attends games as a ST holder, who has always seen the brighter side of things and not got involved with ENIC/Ange out etc debates, announced on Monday night, that he now thinks Levy and ENIC need to sell up.. They have even got to their own fan boys.. That takes some doing Levy, well done....
For me it is the "it is what it is" energy from the statement that kills me.

If Levy feels that we cannot spend more than we are then okay, I can grudgingly buy that to an extent. But there's nothing in the statement about buying smarter and improving on our recruitment and scouting. Because we still have the option of spending the good chunk of money that we do invest in the team better than we are. Instead its just accepting of mediocrity.

Doing more with less is 100% harder, but it is doable.
 
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