hellava_tough
Well-Known Member
- Apr 21, 2005
- 9,429
- 12,383
"...sources in the United States believe he is currently favouring Spurs. "
Which sources?
Which sources?
Takeover talk
- Thread starter jonathanhotspur
- Start date
topper
Well-Known Member
- Jan 27, 2008
- 3,806
- 16,254
You know - ‘sources’
Spurslove
Well-Known Member
- Jul 6, 2012
- 6,627
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shelfmonkey
Weird is different, different is interesting.
- Mar 21, 2007
- 6,690
- 8,040
No thanks. Don't trust these types!! Their bottom line is $ profit, not ?????
RickyVilla
Well-Known Member
- May 16, 2004
- 18,488
- 19,953
Red or Brown usually.
worcestersauce
"I'm no optimist I'm just a prisoner of hope
- Jan 23, 2006
- 26,943
- 45,183
Yay1 we can have our very own Kroenke
Spurslove
Well-Known Member
- Jul 6, 2012
- 6,627
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Lol. Every owners bottom line is $$$$. Except for the sheikh’s and oil baron’s who use football clubs as their play things.
ENIC only cares about making money and selling up for a massive profit. They are currently making money off of us and will sell up soon for at least £1bn. Winning trophies would just be an extra(if we ever win one again while there in charge and thats a massive if).
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Newbops
Active Member
- Aug 31, 2012
- 54
- 224
There is a lot of truth in this.
ENIC have invested heavily in the capital assets of the club such as training complex and stadium which has increased value plus slowly increasing performance levels since they took over. For any new investor, growth can only really come from growing sponsorship, fanbase and commercial revenues which are heavily dependent on success on the pitch and winning things.
shelfmonkey
Weird is different, different is interesting.
- Mar 21, 2007
- 6,690
- 8,040
And you know this do you?!!
Even with my ( back of a beer mat ) calculations selling for one billion does not register.
Stadium value + player value +training ground value + plus value of vast property value as yet not built upon.
Seems to me nearer 4billion then 1billion.
AS I say back of a beer mat calculation but to my simple mind a lot closer than the I billion mentioned.
Stadium value + player value +training ground value + plus value of vast property value as yet not built upon.
Seems to me nearer 4billion then 1billion.
AS I say back of a beer mat calculation but to my simple mind a lot closer than the I billion mentioned.
Tottenhamboys
Well-Known Member
- May 16, 2018
- 85
- 6,408
Hi guys, some ITK for you regarding any potential take over (yes, cleared by A&C). Despite being open to selling the club just 1-2 years ago once we had moved into the new stadium, Enic & Levy are now not interested in selling the club. I have been told that Levy values the club at around £2 billion but would not accept a bid anywhere near that offer. It would have to be substantially (and ridiculously higher). I’m told he wants to continue growing the club and is planning on the next chapter in the clubs history.
carmeldevil
Well-Known Member
- May 15, 2018
- 7,637
- 45,507
Logical. The growth potential is still there so can see why they want to continue to pursue that.
Spurger King
can't smile without glue
- Jul 22, 2008
- 43,881
- 95,147
They’ve played a blinder with the stadium. Obviously it has plenty of additional costs, but the net profit is likely to be big. It’s a gigantic money machine, and the good thing for us is that it runs on success. It needs a big turnout, and for that to happen the club need to keep the team competitive.
If anything they’ve overshot quite spectacularly. I don’t think anyone would have expected us to be CL Finalists by this stage. I suspect our overall wage cap to go up (no doubt in a number of creative ways that protect us from failure to qualify for the CL). ENIC are obviously an investment company, but both Lewis and Levy are Spurs fans, which people should keep in mind.
They played the long game, and we’re seeing the results of that.
eViL
Oliver Skipp's Dad
- May 15, 2004
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davidmatzdorf
Front Page Gadfly
- Jun 7, 2004
- 18,106
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Previous form tells us that ENIC do sell a business once they feel they have added as much value as they can, but, as @Spurger King wrote just above, that doesn't allow for Lewis and Levy being supporters as well as owners.
There's no benefit in selling right now for businessmen who are running a business in which they have an emotional as well as a financial investment. It's a great asset on the balance sheet, as you said, and the fillip to their reputation, especially Levy's, from having achieved the celebrated stadium while reviving the club at a footballing level, is something that can't be valued in a sale.
Hence the ITK that they would only be tempted by a "ridiculous" offer is convincing. The money would have to be well in excess of market value, because the club signifies something to them beyond what it says on the balance sheet. Reviving the club is Levy's legacy.
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I would have thought there's two elements to their returns- capital/portfolio appreciation and the income that they generate!
If there is no profit then it's eating into capital, is it not?
Spurslove
Well-Known Member
- Jul 6, 2012
- 6,627
- 9,281
They kind of have to stick with us now. The amount of effort and energy which has been put into the club over the least 18/19 years is only now starting to bear fruit.
Can you imagine how they'd feel if they sold up now, and someone came in and turned the club into one worth three times as much as it's worth now, say £6-8 billion within the next five years?
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