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Management Vinai Venkatesham - CEO

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It is being clearly and extensively reported otherwise

Oh and the press never make things up or get the wrong idea and run with it?

There is no way that all of what's happened wasn't planned for many months. The whole organisation is now too big, not just a simple football club, and Levy was in control of literally every decision taken. He wasn't just a chairman that can be binned off overnight and replaced.

Charrington and Vinai coming in, Cullen out, Levy being more open and even doing an interview with Neville which was the biggest "look at all I have done and now it's time to do something else" goodbye interview possible without actually making it official.

Levy knew, he was ok with it, he has gone out on a high with the Europa victory, after 25 years and with everything that's happened as well as the large section of fans unhappy with how he runs the football side of things, it's the right time
 
Warning - boring post ...

Many people, inc. football fans, do not appreciate how a big company operates (and we're a big company whether you like it or not). The difference between an executive Chair and a non-executive Chair really is massive.

Under Levy (Executive Chair), the board of directors were basically his hand picked lieutenants (e.g. Donna Cullen, Matthew Collecott, Scott Nunn etc.). This made Levy all powerful and difficult to hold to account, what he said went. In simple terms, an Executive Chair works full time job and is the big boss, of both the company and the board of directors.

In the new system (which aligns to industry best practise), the CEO works full time (and is the operational leader of the company). And the Non-Executive Chair, whi is not full time, leads the board of directors (who ultimately hire and fire the CEO). They board of directors typically is a mix of Executive Directors (full time executives who work every day running the company) - CEO, CFO etc. and between 6 and 10 non-executive directors (NEDs), and is led by the Chair. NEDS are typically specialists in areas relevant to the business. The board typically meet quarterly to track progress against long term strategy, and hold the executives accountable to it. Daniel Levy would actually make a fantastic non-executive Director (as he is a specialist in finance, property development and football legislation and governance), and although it is too 'raw' for him to sit on our board in this capacity, if I was the non-Exec Chair of a top 10 club in world football I'd be looking to appoint him as a NED on my board ASAP. Do not be surprised to see him pop up as a NED at Man U or Liverpool. NEDs attend board meetings 4 times a year (typically held over 2-3 days each quarter) and do not work full time. NEDs also typically sit on multiple boards across different industries and have fantastic business contacts.

Basically, the Chair is accountable to the owners of the company (shareholders) and the CEO is accountable to the board (led by the Chair).

The way this will work now is that Peter Charrington as Non-Executive Chair will lead the board and hold our CEO (Vinai Venkatesham) accountable to the owners' strategy. It sounds like this will primarily be focused on being more successful on the pitch, whilst seeking more investment off it, and Levy''s failure to deliver both is ultimately what got him fired IMO.

This really is a fantastic step for the fans of Tottenham Hotspur FC. Exciting times.
 
Warning - boring post ...

Many people, inc. football fans, do not appreciate how a big company operates (and we're a big company whether you like it or not). The difference between an executive Chair and a non-executive Chair really is massive.

Under Levy (Executive Chair), the board of directors were basically his hand picked lieutenants (e.g. Donna Cullen, Matthew Collecott, Scott Nunn etc.). This made Levy all powerful and difficult to hold to account, what he said went. In simple terms, an Executive Chair works full time job and is the big boss, of both the company and the board of directors.

In the new system (which aligns to industry best practise), the CEO works full time (and is the operational leader of the company). And the Non-Executive Chair, whi is not full time, leads the board of directors (who ultimately hire and fire the CEO). They board of directors typically is a mix of Executive Directors (full time executives who work every day running the company) - CEO, CFO etc. and between 6 and 10 non-executive directors (NEDs), and is led by the Chair. NEDS are typically specialists in areas relevant to the business. The board typically meet quarterly to track progress against long term strategy, and hold the executives accountable to it. Daniel Levy would actually make a fantastic non-executive Director (as he is a specialist in finance, property development and football legislation and governance), and although it is too 'raw' for him to sit on our board in this capacity, if I was the non-Exec Chair of a top 10 club in world football I'd be looking to appoint him as a NED on my board ASAP. Do not be surprised to see him pop up as a NED at Man U or Liverpool. NEDs attend board meetings 4 times a year (typically held over 2-3 days each quarter) and do not work full time. NEDs also typically sit on multiple boards across different industries and have fantastic business contacts.

Basically, the Chair is accountable to the owners of the company (shareholders) and the CEO is accountable to the board (led by the Chair).

The way this will work now is that Peter Charrington as Non-Executive Chair will lead the board and hold our CEO (Vinai Venkatesham) accountable to the owners' strategy. It sounds like this will primarily be focused on being more successful on the pitch, whilst seeking more investment off it, and Levy''s failure to deliver both is ultimately what got him fired IMO.

This really is a fantastic step for the fans of Tottenham Hotspur FC. Exciting times.
That's nicely explained!

So in other words, we should attack Vinai from now on (like we did with Levy) rather than Charrington? :levyeyes:
 
That's nicely explained!

So in other words, we should attack Vinai from now on (like we did with Levy) rather than Charrington? :levyeyes:
Ultimately yes. But now we have the option to turn the heat on the Board and the Chair now (as an escalation).

The order will typically be (depending where the problem is perceived to lie).

Blame player(s) (if not putting the expected effort in)
Blame Manager (if not getting enough out of the players / the football is crap).
Blame DoF (if the players given to the manager are not good enough)
Blame CEO (if not spending enough money on the first team)
Blame Chair (if all else fails)
 
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Is it possible he baited them cunts into overpaying for Eze so we could get a free run at Simon’s?

Or is he a gooner snake we don’t trust?
nat geo desert GIF by National Geographic Channel
 
I think in hindsight it was clear that this summer marked a step change within the club.
Something felt different, we were targeting higher calibre players that are much more established. Usually we would have had quite a few young, inexperienced, up and coming players and a huge amount of links to that 'type' of player. Whilst in many cases it did not come off (eze,mgw) we did not end up falling back to our usual way.
Perhaps this signalled the change in strategy. Whilst the total amount of our budgets etc stayed the same the way in which its used changed.

Going forwards i hope it will continue. If we can stay on this path then within 2-3 windows we can truly build a team that can compete at the very top as we should be.
 
Warning - boring post ...

Many people, inc. football fans, do not appreciate how a big company operates (and we're a big company whether you like it or not). The difference between an executive Chair and a non-executive Chair really is massive.

Under Levy (Executive Chair), the board of directors were basically his hand picked lieutenants (e.g. Donna Cullen, Matthew Collecott, Scott Nunn etc.). This made Levy all powerful and difficult to hold to account, what he said went. In simple terms, an Executive Chair works full time job and is the big boss, of both the company and the board of directors.

In the new system (which aligns to industry best practise), the CEO works full time (and is the operational leader of the company). And the Non-Executive Chair, whi is not full time, leads the board of directors (who ultimately hire and fire the CEO). They board of directors typically is a mix of Executive Directors (full time executives who work every day running the company) - CEO, CFO etc. and between 6 and 10 non-executive directors (NEDs), and is led by the Chair. NEDS are typically specialists in areas relevant to the business. The board typically meet quarterly to track progress against long term strategy, and hold the executives accountable to it. Daniel Levy would actually make a fantastic non-executive Director (as he is a specialist in finance, property development and football legislation and governance), and although it is too 'raw' for him to sit on our board in this capacity, if I was the non-Exec Chair of a top 10 club in world football I'd be looking to appoint him as a NED on my board ASAP. Do not be surprised to see him pop up as a NED at Man U or Liverpool. NEDs attend board meetings 4 times a year (typically held over 2-3 days each quarter) and do not work full time. NEDs also typically sit on multiple boards across different industries and have fantastic business contacts.

Basically, the Chair is accountable to the owners of the company (shareholders) and the CEO is accountable to the board (led by the Chair).

The way this will work now is that Peter Charrington as Non-Executive Chair will lead the board and hold our CEO (Vinai Venkatesham) accountable to the owners' strategy. It sounds like this will primarily be focused on being more successful on the pitch, whilst seeking more investment off it, and Levy''s failure to deliver both is ultimately what got him fired IMO.

This really is a fantastic step for the fans of Tottenham Hotspur FC. Exciting times.
Basically what I have posted but in much more detail. Problem is many will not read it and continue with outdated views.
 
I think in hindsight it was clear that this summer marked a step change within the club.
Something felt different, we were targeting higher calibre players that are much more established. Usually we would have had quite a few young, inexperienced, up and coming players and a huge amount of links to that 'type' of player. Whilst in many cases it did not come off (eze,mgw) we did not end up falling back to our usual way.
Perhaps this signalled the change in strategy. Whilst the total amount of our budgets etc stayed the same the way in which its used changed.

Going forwards i hope it will continue. If we can stay on this path then within 2-3 windows we can truly build a team that can compete at the very top as we should be.
The problem with those two in particular were that they were conducted so publicly and so farcically, that we STILL came out of it looking stupid, and giving everyone else plenty of ammo to fire at us!

Levy might have gone out on a double high had he delivered the trophy, AND beaten Woolwich to a major signing ..

..as it was, his last real action of his final window is a coupla really good signings (which should actually be the NORM most seasons) plus a couple of high profile near miss fuck ups, which have BECOME the norm in most seasons!
 
Warning - boring post ...

Many people, inc. football fans, do not appreciate how a big company operates (and we're a big company whether you like it or not). The difference between an executive Chair and a non-executive Chair really is massive.

Under Levy (Executive Chair), the board of directors were basically his hand picked lieutenants (e.g. Donna Cullen, Matthew Collecott, Scott Nunn etc.). This made Levy all powerful and difficult to hold to account, what he said went. In simple terms, an Executive Chair works full time job and is the big boss, of both the company and the board of directors.

In the new system (which aligns to industry best practise), the CEO works full time (and is the operational leader of the company). And the Non-Executive Chair, whi is not full time, leads the board of directors (who ultimately hire and fire the CEO). They board of directors typically is a mix of Executive Directors (full time executives who work every day running the company) - CEO, CFO etc. and between 6 and 10 non-executive directors (NEDs), and is led by the Chair. NEDS are typically specialists in areas relevant to the business. The board typically meet quarterly to track progress against long term strategy, and hold the executives accountable to it. Daniel Levy would actually make a fantastic non-executive Director (as he is a specialist in finance, property development and football legislation and governance), and although it is too 'raw' for him to sit on our board in this capacity, if I was the non-Exec Chair of a top 10 club in world football I'd be looking to appoint him as a NED on my board ASAP. Do not be surprised to see him pop up as a NED at Man U or Liverpool. NEDs attend board meetings 4 times a year (typically held over 2-3 days each quarter) and do not work full time. NEDs also typically sit on multiple boards across different industries and have fantastic business contacts.

Basically, the Chair is accountable to the owners of the company (shareholders) and the CEO is accountable to the board (led by the Chair).

The way this will work now is that Peter Charrington as Non-Executive Chair will lead the board and hold our CEO (Vinai Venkatesham) accountable to the owners' strategy. It sounds like this will primarily be focused on being more successful on the pitch, whilst seeking more investment off it, and Levy''s failure to deliver both is ultimately what got him fired IMO.

This really is a fantastic step for the fans of Tottenham Hotspur FC. Exciting times.

Accountability is the right thing to do.

Hopefully the split between the football and non-football is also made clear. To compete with Liverpool and Woolwich we will need a laser focus on the football.
 
Seems to me Vinai is under the same constraints from ENIC/Lewis family as Levy was on wages. Vinai and to some extent Charrington would be involved in the contract for Romero, wage websites has Romero's new contract at around £10 million per season , as he is captain you would think that that is the ceiling on wages, still below rivals.
 
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