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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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Is there a particular bunch of cunts you would prefer?
kim jong un GIF
 
That’s every owner except Middle Eastern countries and Russian oligarchs.

Boehly isn’t a dream but hes not out here financing terrorists, murdering journalists who criticise him, torturing dissidents, or employing slaves. It’s not exactly a trivial moral distinction.

I agree with your sentiments, but TB isn't the best example as he's suspected as providing a front for more middle eastern money.
 
That's not entirely true. PCP monthly price is not based off the entire value of the car, whereas a loan is. It's based off depreciation and the less the final balloon payment. IE, they estimate a 30% reduction in value over 4 years so the monthly cost is is based off 70% of the car value. (I made those numbers up, could be more or less either way)
The deposit can be next to nothing and the apr these days is around 5-6% which is competitive against loans.
People who buy new cars don't tend to buy them to keep them until they're old cars either.
Many are more than happy to give them back and get another new one in a few years. At which point, the cost of the PCP often works out less than the cost of buying a car outright, letting it depreciate, and then trying to sell it. Obviously not applicable to every car and every buyer, but this is fairly straight stuff now.

A nearly new car already depreciated by 30% or so is 100% better off purchased as a loan. The numbers don't stack up with PCP at all.


In case you can't tell, I spend a lot of time looking at this shit lol.
Possible ULEZ expansion is making me look at many options and working out the maths
same and you're bang on if people are flipping cars every 2-3 years, but that goes back to my point of the 'must have it now' nature of society. Ten year old cars, aren't old rotters of yesteryear. People used to buy and own a car for quite a long time, and it was a balance between running costs, depreciation and the cost of buying new.

Whichever way you buy a car it's expensive, I tried to limit it with the following strategy:
  • Buying petrol (knew diesel would see their prices drop)
  • Pre-reg (to garage due to them hitting sale targets and getting rebate from manufacturer) so essentially new
  • £9k (20%) saved on list price
  • Pay cash/trade-in £26,000
  • Keep for 10 years (on year 8)
  • Current value £18k
Cost to date of ownership £1100 per year (inc. mechanicals, deprecation, etc.). We cover few miles so it's only on 35,000km

For me I couldn't get it much below this if having a new car...
 
Cunts not trying to launder their terrible deeds by owning a successful football team.
I genuinely don't think the Arab owners and potential owners are doing it for reputational laundering purposes. They are raking in billions, if not trillions, from the West from oil and gas. (And buying our weaponry in return). The fall out from Russia is benefiting them greatly. They couldn't care less what the West thinks of their culture when 'we' happily fund their economies. Just see how little Qatar budged on any issues at the World cup.

They're buying Western assets to diversify from fossil fuels and to buy visibility, credibility and influence in global business circles.
 
I genuinely don't think the Arab owners and potential owners are doing it for reputational laundering purposes. They are raking in billions, if not trillions, from the West from oil and gas. (And buying our weaponry in return). The fall out from Russia is benefiting them greatly. They couldn't care less what the West thinks of their culture when 'we' happily fund their economies. Just see how little Qatar budged on any issues at the World cup.

They're buying Western assets to diversify from fossil fuels and to buy visibility, credibility and influence in global business circles.

Surely a lack of credibility is strongly linked to their reputation?

Ditto why, despite their financial clout, they've not accumulated a level of influence relative to their wealth and the clout that the essential resources they are sat on would otherwise command?

......Isn't that lack of visibility similarly entwined too?
 
Original Evening Standard Article

FOR BETTER OR WORSE? By Dan Kilpatrick

A deal with the Qataris, who have deeper pockets and grander ambitions than practically anyone else involved the game, would enable the chairman to continue running the club assiduously, but with the funds to satisfy the demanding Conte and the club's restless fanbase, which called for Levy's head in the recent games against Aston Villa and Crystal Palace.


Levy, though, may prefer a more low-key investor than QSI and with less baggage, while relinquishing a minority stake in Spurs now would potentially make it more difficult for ENIC to sell the club outright in future.

Having Qatar as minority partners would potentially offer supporters the best of both worlds: keeping the largely well-respected and fastidious Levy in a position of overall control and avoiding turning Spurs into the kind of glittering, soulless circus that PSG have become under Al-Khelaifi. This scenario would also dilute the pressing moral questions that come with any investment from Qatar, although they would not go away entirely.


For many fans, even the prospect of finally matching the spending power of the likes of City, Chelsea and Manchester United and massively boosting their chances of ending 15 years and counting without a trophy would not be worth their club becoming another sportswashing vehicle of the Qatari state.
Proud Lilywhites, the club's LGBTQ+ fan group, have already sought assurances from the club over the Qatar links, warning: "QSI don't align to the club's values of inclusion for everyone. Our members would be criminalised in Qatar and our Qatari siblings aren't safe, so until this changes, we would urge the club to ensure that this rumour remains a rumour."


Simply put, Qatari investment would compromise Spurs — a club well-known for its family environment and inclusivity — and potentially leave LGBTQ+ supporters, in particular, feeling unwelcome.
While acknowledging that Levy and Al-Khelaifi are close friends and meet often, Spurs have also denied that they have had any discussions over an equity stake in Spurs, while sources close to the PSG president have played down the chances of a deal.
 
I genuinely don't think the Arab owners and potential owners are doing it for reputational laundering purposes. They are raking in billions, if not trillions, from the West from oil and gas. (And buying our weaponry in return). The fall out from Russia is benefiting them greatly. They couldn't care less what the West thinks of their culture when 'we' happily fund their economies. Just see how little Qatar budged on any issues at the World cup.

They're buying Western assets to diversify from fossil fuels and to buy visibility, credibility and influence in global business circles.
I think there’ll be many reasons for their investment and the bit in bold is surely correct - good point.

However the fact that they haven’t changed their behaviour is consistent with reputation laundering. If they were intent on opening up then they wouldn’t need to launder their reputation - the change would speak for itself.

I think another reason for buying is the same as Abramovic - a successful western football team raises the stake of attacking the owner. It is political capital. A kind of protection. All 3 Middle Eastern countries that own western clubs exist in a fairly fragile geopolitical climate right now. There are a lot of proxy wars and this looks like the least important front.
 
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