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Management Levy / ENIC

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Levy In or Levy Out


  • Total voters
    343
They don't want legacy fans or season ticket holders... they want single tickets purchased by tourists, day trippers and the away team. If Levy is not careful he will take the club into the Championship because like it or not home support does make life tough for the opposition. If our home support dwindles over the next few years due to inability to be competitive then it's the home team who will find it tough when a third of the ground is hardcore away support. That will kill the value of the club and actually might be what we need. A bit of short term pain (embarrassment of relegation) for long term gain (new owners). Forest and Villa have proven you can get relegated and come back stronger. Although we would probably fuck that up.
This constantly rehashed idea that ENIC will sell if Spurs are relegated is absurd.

Why does anyone think this is what would happen? It's utter nonsense.

Relegation would be a disaster for the club.
 
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Well it's not really but thanks for contributing to the discussion.
Yes, it is. One of the stupidest things you've ever posted.

Spurs received £165M from the Premier League in 2022-23.

The EFL Championship distributed ±£16M each to clubs in 2022-23.

It's idiotic to think any club ownership, particularly one running a club as a financially sustainable enterprise, would be happy to see a £150M revenue loss. That revenue loss exceeds the entirety of our annual wage bill - there's no amount of wage bill reduction that could account for it.

That would represent a loss of 27% of Spurs' revenue, and likely more as other sponsorship contracts would likely be impacted. It would be catastrophically damaging to the club.
 
Yes, it is. One of the stupidest things you've ever posted.

Spurs received £165M from the Premier League in 2022-23.

The EFL Championship distributed ±£16M each to clubs in 2022-23.

It's idiotic to think any club ownership, particularly one running a club as a financially sustainable enterprise, would be happy to see a £150M revenue loss. That revenue loss exceeds the entirety of our annual wage bill - there's no amount of wage bill reduction that could account for it.

That would represent a loss of 27% of Spurs' revenue, and likely more as other sponsorship contracts would likely be impacted. It would be catastrophically damaging to the club.

But it might get out the festering virus that is ENIC. Akin to sawing off your arm to save the infection.

We will never, ever achieve anything under them. They are the problem. They are some of the worst owners left in premier league football.
 
But it might get out the festering virus that is ENIC. Akin to sawing off your arm to save the infection.

We will never, ever achieve anything under them. They are the problem. They are some of the worst owners left in premier league football.
Going back to my first post here today - this idea that they'd sell because we got relegated is preposterous.

ENIC is an investment firm. The #1 rule of investing is you don't sell an asset at its lowest possible value.

There's a near 0% chance Levy will ever sell his shares, in my opinion. The club is his life.

There is an absolute 0% chance ENIC will sell when the club is at its lowest value in 2 decades were we to be relegated.

It's nonsense.
 
Going back to my first post here today - this idea that they'd sell because we got relegated is preposterous.

ENIC is an investment firm. The #1 rule of investing is you don't sell an asset at its lowest possible value.

There's a near 0% chance Levy will ever sell his shares, in my opinion. The club is his life.

There is an absolute 0% chance ENIC will sell when the club is at its lowest value in 2 decades were we to be relegated.

It's nonsense.

Drive him the fuck out. Don't care what it takes. Every time he comes to the stadium he should be shitting himself.

As toxic as it needs to get - he's earned it. Make every second he has to spend near the stadium a misery.

Even if they don't sell, we can still be satisfied we've done everything within our power to fight the virus.
 
Going back to my first post here today - this idea that they'd sell because we got relegated is preposterous.

ENIC is an investment firm. The #1 rule of investing is you don't sell an asset at its lowest possible value.

There's a near 0% chance Levy will ever sell his shares, in my opinion. The club is his life.

There is an absolute 0% chance ENIC will sell when the club is at its lowest value in 2 decades were we to be relegated.

It's nonsense.
Arrested Development Crying GIF by HULU
 
If we can't get rid of them, the least we can do is not let them enjoy it. Baffles me how all Levy gets is mild chanting for what he's done to the club.

He is an absolute disgrace.
Not that baffling if you think about it

He's spent 25 years cultivating/grooming a fanbase in his image

Tottenham Hotspur experience

Not Tottenham Hotspur football club
 
Drive him the fuck out. Don't care what it takes. Every time he comes to the stadium he should be shitting himself.

As toxic as it needs to get - he's earned it. Make every second he has to spend near the stadium a misery.

Even if they don't sell, we can still be satisfied we've done everything within our power to fight the virus.
You realize he has a suite he can watch the matches from were he to so desire? Or he could do what most of the other PL chairmen do and simply not go to many matches. Subjecting himself to the crowd isn't obligatory.

I encourage everyone to protest and express themselves. But if the end goal is him leaving, it's almost certainly futile. Best I hope for is protests encourage a change of behavior and greater financial commitment on the squad side.
 
You realize he has a suite he can watch the matches from were he to so desire? Or he could do what most of the other PL chairmen do and simply not go to many matches. Subjecting himself to the crowd isn't obligatory.

I encourage everyone to protest and express themselves. But if the end goal is him leaving, it's almost certainly futile. Best I hope for is protests encourage a change of behavior and greater financial commitment on the squad side.

Sure. As long as he knows he isn't welcome here and is hated by the fanbase that's a small comfort to me - the idea he gets to destroy the club whilst also feeling like he's a good guy makes me sick.

He clearly likes going to games. Let's take that little nugget of joy away so he can hide his face and sit at home.
 
The reason we’ve flopped with so many of our “expensive” signings is because we go for “B level” expensive players that are 20M cheaper rather than stumping up more money for the highly sought out players and going for the real deal first choice players our managers actually want.

Thats why these players we get are never targeted by the likes of Chelsea, Man City etc, they go for the “A side” players that are 20-30M more expensive, but ones that actually suit the manager, and so the extra fees pay off. Not to mention the more in demand players want higher wages. We’d rather pay high for transfers than high wages.

Thats why Liverpool stump up 90M for a player like Van Dyke and the player pays for itself because its someone they actually needed, their number one target and thus they have a successful career over a long period. Whereas we almost reach into a bag and buy an expensive squad like player that has no real ethos with the current manager but more about increasing the overall squad strength at the club, only for that player to flop and get loaned out anyway.

We get these more obscure players that top clubs don’t actually want, because we “cant” compete over wages for the top players.

And yet it’s been a massive waste despite the money we’ve spent because none of them turn out any good for this reason. Lets remember that these days 35-40M isn’t huge money and most of the mid table clubs are moving this sort of money around for players.
 
Not to mention Levy is completely protected by the media. Which other club could flop in the way Levy has and not get an ounce of scrutiny? The papers are constantly calling for the heads of Utd, Chelsea, liverpool owners in the past the moment theres a bad spell.

But Levy is seen as the poster boy of success because he built a stadium.
 
I think ENIC and Levy want to be THFC's landlords.

Sell off the football operation but rent the facilities back to the franchise.

No way they are taking their hands out of our pockets now.

He's running it into the ground hoping someone will buy / invest in the football operation.
 
A tourist comes from abroad, stays in the hotel, maybe does the sky walk, maybe a stadium tour, spends tons on Son gear in the club shop. A day tripper comes from Northampton, Chelmsford or Eastbourne to watch a Premier League match. There is usually two children in tow and whilst they won't spend much in the club shop they will buy a programme and some food and drink. I do hope that clears it up for you.
What separates a day tripper from a passionate Spurs fan that just doesn't get to go to many matches? Is that the same thing? I expect a lot of us on here come from the likes of Chelmsford and Northampton. Is your gripe that they don't chant/sing? Do true fans not buy programmes or bring kids?

I think Levy would prefer 60k tourists every match.
 
Going back to my first post here today - this idea that they'd sell because we got relegated is preposterous.

ENIC is an investment firm. The #1 rule of investing is you don't sell an asset at its lowest possible value.

There's a near 0% chance Levy will ever sell his shares, in my opinion. The club is his life.

There is an absolute 0% chance ENIC will sell when the club is at its lowest value in 2 decades were we to be relegated.

It's nonsense.

You’re making the mistake of thinking that levy is a good business man . He’s a property man , building off of debt . If we were to fall into the championship , he’d not have a fucking clue how to get us out of it .
 
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