Westmorlandspur
Well-Known Member
- Feb 1, 2013
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Brighton are always lauded as the best run club but they have a chairman who has put in 400m of his own money.
Tottenham Takeover Talk
- Thread starter Bluto Blutarsky
- Start date
Wine Gum
Well-Known Member
- May 14, 2007
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They could do that but I think it's unlikely and would probably be a sale of the Topco ENIC entity that owns everything.So in any takeover ENIC could sell the club but hold on to the properties in the TH name but would there be any point.
The club has put it's name to Goods Yard etc , would a prospective buyer want the property portfolio unless Tottenham suddenly becomes the Mayfair of North London
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SirHarryHotspur
Well-Known Member
- Aug 9, 2017
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Depends on your interpretation of best run.....
Tony Bloom is owed nearly £499 million
If anyone wondered where Brighton would be without Bloom, then the fact he has invested the best part of £500 million of his own money into the club gives you a pretty good idea.
£90 million of that is in shares with £409 million in loans which – we hope – will not have to be repaid. Because in the unlikely event Bloom called in his owes, then Brighton would be up a famous brown creek without a paddle.
A £24.1m profit and what else we learnt from Brighton 2021-22 accounts
Brighton have released their 2021-22 season accounts, showing a £24.1 million profit driven largely by selling Ben White and Dan Burn
www.wearebrighton.com
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JUSTINSIGNAL
Well-Known Member
- Jul 10, 2008
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If you read the interview with Sir Jim Ratcliffe about his purchase of a 25% stake in MUFC, it is doubtful that Sheik Jassim is even a real person....
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easley91
Well-Known Member
- Jan 27, 2011
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Jassim over there if you look hard enough!
JUSTINSIGNAL
Well-Known Member
- Jul 10, 2008
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I will be shocked. We've finally got a structure in place on both the footballing and financial side that can hopefully see us consistently competing at the top end, and now Levy/Lewis want to sell? I just don't see it happening.
Neither Levy or Lewis really need the money. And for Levy especially, his vision to make us successful club on sustainable foundations, is closer than it has ever been. Why would he cut and run now?
I'm not doubting your info H88 but I just don't see it coming to fruition.
Neither Levy or Lewis really need the money. And for Levy especially, his vision to make us successful club on sustainable foundations, is closer than it has ever been. Why would he cut and run now?
I'm not doubting your info H88 but I just don't see it coming to fruition.
SpursSince1980
Well-Known Member
- Jan 23, 2011
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Personally, I’m in favor of a membership group consisting of the Triad, Yakuza, Juarez, Cartagena, Cali, Gottis, Corrleones, The High Table, SAMCRO, and Wallace/Demani.
Daniel would be the head of The Family. The Danfather.
Daniel would be the head of The Family. The Danfather.
E17yid
Well-Known Member
- Jan 21, 2013
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Think of all the dirty money we could clean through the business. Not a bad shout. We could be a cooler, more badass version of City.
ukdy
Well-Known Member
- Jan 11, 2007
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You forgot the worst of them all; Feathers McGraw
Ron Burgundy
SC Supporter
- Jun 19, 2008
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Agree with this. And I don't doubt the honesty with which it was passed on to us, nor to how it was passed on by them. But I just can't think it's true for a bunch of reasons.
I would bet my house that we'll hear nothing more about this for the foreseeable.
ukdy
Well-Known Member
- Jan 11, 2007
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I'm not excited about a takeover tbh. It's like when I bought a house, I wanted a nice one so I spent all my money on it... and then didn't have any more cash for shelves or a centre mid and striker for bloody ages.
We're in a position where we're making money and are a commercial success. What is a billionaire owner going to bring to us? There are FFP, PSR rules to stick to now. We missed to boat to overinflate and leverage like City and Chelsea...
How do you get up there and compete consistently with City, or legacy Liverpool and Man Utd without going above and beyond our current model, without breaking the rules?
They might want to buy to just own Tottenham, but we still have to be self-sustaining. But with Daniel and co, it's better the devil you know!
We're in a position where we're making money and are a commercial success. What is a billionaire owner going to bring to us? There are FFP, PSR rules to stick to now. We missed to boat to overinflate and leverage like City and Chelsea...
How do you get up there and compete consistently with City, or legacy Liverpool and Man Utd without going above and beyond our current model, without breaking the rules?
They might want to buy to just own Tottenham, but we still have to be self-sustaining. But with Daniel and co, it's better the devil you know!
BedfordshireSpud
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- Jul 21, 2012
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Is it a nice house?
sidford
Well-Known Member
- Oct 20, 2003
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Joe Lewis' private pilot pleads guilty to insider trading, conspiracy charges
Patrick O’Connor, a private pilot for British billionaire Joe Lewis, pleaded guilty to insider trading and conspiracy charges in federal court on Monday morning in Manhattan. O’Connor pled guilty to one count of conspiracy to commit securities fraud and one count of securities fraud. The...
theathletic.com
Patrick O’Connor, a private pilot for British billionaire Joe Lewis, pleaded guilty to insider trading and conspiracy charges in federal court on Monday morning in Manhattan.
O’Connor pled guilty to one count of conspiracy to commit securities fraud and one count of securities fraud. The 57-year-old admitted to Judge Jessica G.L. Clarke that in October 2019 he agreed with others to purchase stock in a publicly traded company and did so with information from a person with close knowledge of those stocks.
When Clarke asked whether he saw this information as a gift to him, O’Connor said, after conferring with his attorneys, “I believe it could have been a benefit to me.”
As part of his plea agreement, O’Connor agreed to forfeit any earnings off his alleged offenses, including $180,244.04. The charges against O’Connor carry a total maximum of 25 years in prison, and he has agreed as part of his plea deal to not appeal any sentences less than 2 years.
O’Connor’s sentencing is scheduled for May 29.
Prosecutors have long alleged that O’Connor and another pilot, Bryan “Marty” Waugh, were encouraged by Lewis to buy stock on shares of the cancer drug company Mirati Therapeutics.
Waugh also appeared before Clarke on Monday. His attorney, Nicholas Lewin, was adamant of his client’s innocence in court. “Marty Waugh is innocent of insider trading,” Lewin told Clarke.
Waugh’s case will proceed with a jury trial that is set for June 24.
There was no mention of Lewis (pictured above) by name in court on Monday. Lewis, who founded Tottenham Hotspur’s controlling company ENIC Sports Inc, also pleaded guilty in January to securities fraud and insider trading. Lewis’ sentencing is set for April 4, according to court records.
Ron Burgundy
SC Supporter
- Jun 19, 2008
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It’s a piece of shit with negative equity. I’m hoping to lose the bet
CantSmileWithoutYou
Well-Endowed Member
- May 20, 2015
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Can someone come in and buy Joe Lewis' Family Trusts 75%, without buying Levy's 25%? Or does it not work like that?
Led's Zeppelin
Can't Re Member
- May 28, 2013
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Depends on the agreement between the Lewis and the Levy trusts. There will 100% definitely be a shareholders agreement between them.
In my experience virtually all joint owners have a clause that says any offer made to one party has to be made to the other(s).
This would mean that if the offer was acceptable to both, the Lewises would sell 75% of their holding and Levy would sell 75% of his.
But as you can imagine, all sorts of negotiations could and probably would come about.
mil1lion
This is the place to be
- May 7, 2004
- 42,517
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A sort of deal like Utd would be ideal where the new owner buys a stake and has control of the football side. Provided they work on only providing the funds to our current group so they can keep building. Just need that extra push to commit to enough quality to push for titles. More of the same sort of signings we've made the last 2 years really just adding the depth to compete on all fronts.
Led's Zeppelin
Can't Re Member
- May 28, 2013
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The Utd deal feels very unstable to me, unless there's a lot more to it than I know, which is very likely.
SpursSince1980
Well-Known Member
- Jan 23, 2011
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At least not until the next international break!
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