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Management Qatar holds Spurs talks

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Qatar holds Spurs talks as it pushes to add Premier League club to portfolio


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Do you know why it takes so long to publish?

The accountants have to get all the accounts prepared and then signed off. It could just be as simple as they might just not be ready yet. I doubt there’s a conspiracy and they really aren’t going to have that much of a bearing on our transfer window performance now because we’ve made and lost money since the period ended in June last year.
 
What do you mean believe? The accounts are public. Read them.


Plenty of wealthy people work late into their lives because they enjoy it and want to provide for their family. ENIC 100% bought purely as an investment but with reports recently that Levy wants to stay as chairman even if he sells he club, I'd say he now views the club as his life's work.
They don't work for nothing and risk dying before seeing the fruits of their labour.
 
"The Club has committed to provide a response in the coming weeks. The Club says it is ‘very keen’ to address the issues raised but, for commercial reasons, will not be able to do this during the transfer window. In the meantime, the Club’s financial results will be released in February, and there will be a statement from Fabio Paratici on the completion of the transfer window. The Club will respond “in full’ to our questions at that point."


Something is going on.
You're right, something is going on... The club are just fobbing off The Trust as usual.
 
As far as the chairman is concerned, it goes far beyond Levy. All of our chairman have been Jewish.
And why is that?
Is it because there is a high concentration of Jewish people and businesses nearby?
When you think about it, pre-ENIC, the business world was quite small and the club was/is owned by locals. That's not the case for business or football clubs anymore. Chelsea, City, Newcastle, Liverpool, United, Villa, Bournemouth, Palace, Everton, Fulham, Leicester, Forest, Wolves - all owned by overseas business.

I certainly, as an anti-religious person don't care for bringing religious bias in when considering who the next owners are. Or players. I'm not anti Semite, I don't care for any religion and strongly believe it should have no bearing on how the club is run.
 
All this talk of paying the stadium debt off is stupid, if the Stadium debt is at 2.1% why would you pay it off now when you can get 5% interest on a standard savings account? If you wanted to you could just stick the stadium money in a high returns no risk savings account and enjoy the extra interest you would be making compared to the debt? :levystare:
 
From our last financial statements, debt is closer to 950m. Recent injection of 150m will NOT be used to finance the debt and will be used for squad investment.

• Short-term debt - Government CCFF (£175m) and BAML (£50m)
• Stadium debt of £706m
• As with past years, no dividend has been paid with all operating profits being reinvested in the Club


ERGO

• Repayments on our DEBT eat into our profits to the tune of 40m per year
• Low profit = less money to spend on squad under FFP rules
• Shareholders are NOT being paid a dividend

Reduce the debt, increase the profit, pay the dividend, put money into squad (not banks pockets).
Why would you reduce a debt that is at a lower interest rate than you get in a standard bank savings account? It makes no sense what so. ever!
 
As far as the chairman is concerned, it goes far beyond Levy. All of our chairman have been Jewish.
Only in the recent era . The first was Scholar, Sugar , Levy arguably all crap.
We had no Jewish board members in our first 100 years .
The original gentile board tended to distance themselves from the North London Jewish community according to an article in the Jewish chronicle .
 
Why would you reduce a debt that is at a lower interest rate than you get in a standard bank savings account? It makes no sense what so. ever!
He rarely makes sense.

This is the guy that said bulldogs are racist and came out with this fucking nonsense, he's a clown.

Aurier, Rose, Sissoko, Bergjwin, Sanchez, Royal, Sessegnon, Ndombele. - It just feels like most Spurs fans have a bias against BLACK players.

EDIT : Oh yeah, I forgot Aurier. Honourable shoutout for Adebeyor
 
All this talk of paying the stadium debt off is stupid, if the Stadium debt is at 2.1% why would you pay it off now when you can get 5% interest on a standard savings account? If you wanted to you could just stick the stadium money in a high returns no risk savings account and enjoy the extra interest you would be making compared to the debt? :levystare:

People can't get their heads around it, can they. It's like taking a mortgage on a second house and renting it out for more per month than the cost of the mortgage. It's not a debt, it's a net asset.
They also would hit the roof if we saved up a billion quid to pay it off. That would come at the expense of transfers, salaries, coaches the lot. ~We'd be in league 2 by then.

How often do people walk into car dealerships these days and pay £50-£60k for a new car? Low interest PCP deals rule that world. If you have £50k in your bank, you're better off buying stocks and shares and getting a return on it.
 
"The Club has committed to provide a response in the coming weeks. The Club says it is ‘very keen’ to address the issues raised but, for commercial reasons, will not be able to do this during the transfer window. In the meantime, the Club’s financial results will be released in February, and there will be a statement from Fabio Paratici on the completion of the transfer window. The Club will respond “in full’ to our questions at that point."


Something is going on.

I actually don't care too much for the questions that were asked here.

1) Is ok but you could ask that question every year, no matter what.
2) Reeks of the writer having an anti-Conte agenda
3) These people need to look around the rest of the league and ask who actually IS producing any quantity of quality youth. Our fans seem overly obsessed with this. The idea of constant promotion of youth is at odds with the desire to challenge at the top.
4) No prudent business is ever going to answer this. Especially one as media silent as ENIC/Levy
 
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