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Unless Levy is looking to buy Lewis out.Anyone looking to buy just needs to buy out lewis/enic's share, so Levy's opinion in this doesnt really matter.
The united sale is probably a big hurdle/logging point. Once it gets done we'll probably see more moves both regarding us and Liverpool. A domino effect of sorts.The fact that Joe Lewis has taken the club out of his ownership and placed it in a Trust tells me the do nothing option isn't happening. Why do that if you're not looking at making some sort of change.
I mean though, we wouldn't put it past them to procrastinate and do nothing like with transfers, but this is their own money, not the club's, so they will be thinking of best how to maximise their returns.
I suspect what is happening is Lewis wants to sell, Levy doesn't and that is why there are so many stories and guessing games going on in the media. Plus of course there is the Man U angle, which seems far from straight forward too and probably complicating things. They are probably waiting for that to be sorted before doing anything as it will impact on their valuation (and others) either way.
That would be the worst case scenario!
Given the share-holding % at ENIC; I struggle to see how Levy holds too much sway over the final decision.
I think what's clouding people expectations of time-frames too is that Chavs deal; which of course subjected to time-contraints by the government sanctions in place.
The united sale is probably a big hurdle/logging point. Once it gets done we'll probably see more moves both regarding us and Liverpool. A domino effect of sorts.
Need to get a fucking move on. This needs to be done before the summer transfer window otherwise we will be in limbo. As for it can take a while well yes if one party stalls but takeovers can be very quick if there is agreement like Aston Villa.
Either do or don’t but make it clear.
Anyone looking to buy just needs to buy out lewis/enic's share, so Levy's opinion in this doesnt really matter.
My suspicion is that Lewis wants an outright sale, whereas Levy wants to remain involved and is trying to explore ways of becoming the majority shareholder with third party backing.
The latter would be the absolute pits.
I get that. But I thought Lewis had 70% of Enic, so wouldnt it be him that decides what happens regarding a sale of what Enic owns.Not quite how it works though......... Levy himself has no shares in THFC; he has shares in ENIC.
The only way what you describe gets to happen is if ENIC sell Levy himself some THFC shares.
I get that. But I thought Lewis had 70% of Enic, so wouldnt it be him that decides what happens regarding a sale of what Enic owns.
Yea thats what I thought too. That if Lewis wants to, he can just sell spurs without Levy's opinion mattering much. So people worried about Levy blocking the deal doesnt make sense, as he has less than a 3rd share of Enic/the club.Yes; majority share = most clout, but that clout means if Lewis decides to sell Levy just has to concur and accept his slice of the profit within his sharehold of ENIC's net value......
Not directly owning any THFC shares means he can't merely decide to stay on.
Only if you’re paying
Battersea Dogs Home own Spurs.Serious question, Joe is 86, what happens if he dies suddenly?