Tottenham Takeover Talk

[SpartanSpur]

If Liverpool want minority investment now then its game over IMO. We're destined to be perennially decent to be good but never great.

 

[CerfBlanc]

This could be a huge threat to QSI investing in us:

Wrong! The threat to QSI investing in Spurs is Daniel Levy. He is to power hungry and wants to control everything at the club.

 

[Dakes]

The ENIC thread is locked, so I'm guessing this is the best place to ask. Can someone please explain this thing to me about the club's financials being withheld till February because it can compromise the club? In what way can the club be compromised? This is in relational to the questions posed to the board by the THST as well, cause the club postponed answering them till after the financials are released. What's the story behind the whole withholding of the financials?

Why is it so dangerous to release the financials now? Who's out to get us and how can this be of benefit to them?

 

[Dunc2610]

The ENIC thread is locked, so I'm guessing this is the best place to ask. Can someone please explain this thing to me about the club's financials being withheld till February because it can compromise the club? In what way can the club be compromised? This is in relational to the questions posed to the board by the THST as well, cause the club postponed answering them till after the financials are released. What's the story behind the whole withholding of the financials?

Why is it so dangerous to release the financials now? Who's out to get us and how can this be of benefit to them?

I'm not sure its dangerous per say, I'm sure I read that it was more due to releasing the numbers after the transfer window has shut as to not annoy fans with our making of profit but lack of spending. However I'm not sure how much truth there is in that.

 

[mil1lion]

I look forward to our first game under QSI and us hearing the opposition fans chant against us while we look at each other like

 

[Dakes]

I'm not sure its dangerous per say, I'm sure I read that it was more due to releasing the numbers after the transfer window has shut as to not annoy fans with our making of profit but lack of spending. However I'm not sure how much truth there is in that.

If that's the case, then all the more reason to push for these to be released ASAP. They should answer the THST now. If they are operating in good faith, then there's no reason to not release them now. If what you're saying is true, then that is not acting in good faith. They're trying to cover their asses.

 

[eViL]

The ENIC thread is locked, so I'm guessing this is the best place to ask. Can someone please explain this thing to me about the club's financials being withheld till February because it can compromise the club? In what way can the club be compromised? This is in relational to the questions posed to the board by the THST as well, cause the club postponed answering them till after the financials are released. What's the story behind the whole withholding of the financials?

Why is it so dangerous to release the financials now? Who's out to get us and how can this be of benefit to them?

So other clubs that we'd potentially be buying from won't hike the prices up from the already inflated January and Premier League fees.

The flip side of that is if we don't sign anyone and show we're fucking loaded in February I would NOT like to be dear Daniel for the remaining home games this season.

 

[SpursJord]

https://worldofhotspur.com/the-great-con-of-tottenham-hotspur/

Apologies in advance it's quite a long read.

Hope there is no issue with posting this here, however it is a very good read. It goes in depth about the problems at Spurs and what we are currently experiencing. It is probably aimed more at those who are not on the ENIC/Levy out train because I'm sure it'll at least get you thinking about maybe why you should be or understand why so many others are converting and have converted.

 

[Dakes]

So other clubs that we'd potentially be buying from won't hike the prices up from the already inflated January and Premier League fees.

The flip side of that is if we don't sign anyone and show we're fucking loaded in February I would NOT like to be dear Daniel for the remaining home games this season.

Your first point is reasonable, I can understand and accept that reasoning. The flip side I agree with as well.

 

[Clockspur]

Based on the Man U sale, glaziers want £5/6 billion. Rumours bidders only want to bid £4/5 billion. So if levy is valuing a 25% stake in us as £1 billion then I think he’s over valuing us.

They won’t drop that price though, this isn’t a transfer negotiation. If that’s what they want, then that’s what an investor will have to pay. If nobody offers them that then they’ll simply withdraw from the market. That’s how they behave away from the football pitch. So it could be a reason why nothing more has come out about this. However, the Qataris have the money, let’s see how much they want in.

Thank fuck West Ham don’t own their ground, if they did then the Qataris would be over there like a shot.

 

[Clockspur]

If this doesn’t happen, I can see a lot of fans getting bored after 20 years and slowly fading away. We need some excitement back at spurs in a big way, right now it’s depressing

There is nothing more boring than being in the same position more or less over and over. In and around top 4, no trophies - your gonna get bored.

i am almost jealous of West Ham having a relegation battle. They also have a Euro competition they are capable of winning. What are we gonna do, finish between 4-6th, go out to an elite side in the CL and get knocked out of the FA cup in the 5th round or quarters - basically as soon as we have to play a half decent side away from home.

It’s the Fast and the Furious 8, you know what your getting before it begins.

 

[newbie]

I'm not sure its dangerous per say, I'm sure I read that it was more due to releasing the numbers after the transfer window has shut as to not annoy fans with our making of profit but lack of spending. However I'm not sure how much truth there is in that.

What after telling the world we have a 150 million to spend the previous window ?
(Cynically before season tickets go on sale)

Tbh it would be wise, but I think it could also create questions at the board if we have a massive profit

 

[AllSeeingEye]

Qataris know that our operating income and revenue has dropped (the report for YE Jun 21 was 40m less than previous year and the previous year was 60m less than 2019), they also know that our debt is pretty big (1.1bn in liabilities as at that same report for YE Jun 21), that will be a major factor in their valuation. Levy would argue that selling now as opposed to 5yrs down the line is going to leave ENIC out of pocket having just made the biggest investment on the stadium - why sell your house you just bought in the middle of a crash when you've paid out to have it done up? The finances need rebalancing quite a bit - and Levy, as we know, is super sensitive about keeping things afloat ahead of headlong rushes into financial oblivion, he's taken massive risks over last few years and they've paid off with CL qualification but he is all too aware that balance is needed and so transfer policy and wage structure can often appear to be anti and not in the best interest of getting silverware or appeasing the ever expectant fans. That sort of stress is dripping through the club and is bound to be affecting players and staff alike. But let's not get depressed, this is a very interesting crossroads and one which is starting to add up with this story gaining traction over last few days and we shouldn't be beating Levy over the head over perceived tightfistedness when the signs given all point to him actually moving us in the right direction re future investment.

Worth noting that previously the club Ordinary (designated type A) shareholding was divided into around 807827 parts (valued at £1.00 each) but that has now been converted into 20 times the number of shares (valued at £0.05 each) . Type A Ordinary shares are not controlling stake shares, they don't allow voting rights to holders, or dividends. What does this mean? It could mean that shares are being prepped to be traded at lower level by those that are in the driving seat for sale of investment grade shareholdings, which could indicate the presence of an imminent investment opportunity and thereby a profitable uplift in the value of those shares. Also... John Turner, appointed a few years back (2020) is a specialist in investment and most prominently on sales, Turner is a founder and copresident of Qatalyst overseeing consumer technology and software banking. He previously worked for Credit Suisse. He advised Tumblr on its sale to Yahoo, Twitch on its sale to Amazon, Xoom on its sale to PayPal, and Autonomy on its sale to HP. Also, as Lewis stepped back end of last year he left his daughter a significant controlling share (keeping it in the family - also indicating a shareholding worth having) and also a Bahamian lawyer (who is potentially on board now to scrutinize and veto). Everything is shaping up for a sale imho and with that some major naming rights issue - we've got names that mix in with the very top of the business tree linked to some very well known GMNCs.

Now... whether that means we sell to Qataris is another issue, what do Qataris want, and are they a good fit for a club that is famed for Jewish roots, and more recently inclusivity and championing of the Pride movement, and other progressive attitudes? I would hope we take a good long look at it rather than rush in like FIFA did with the WC bid. Are they to be trusted? This is where the discussion and investigations should be going, not whether Levy is or isn't holding us back, which i think from the points above, show otherwise.

 

[daryl hannah]

Qataris know that our operating income and revenue has dropped (the report for YE Jun 21 was 40m less than previous year and the previous year was 60m less than 2019), they also know that our debt is pretty big (1.1bn in liabilities as at that same report for YE Jun 21), that will be a major factor in their valuation. Levy would argue that selling now as opposed to 5yrs down the line is going to leave ENIC out of pocket having just made the biggest investment on the stadium - why sell your house you just bought in the middle of a crash when you've paid out to have it done up? The finances need rebalancing quite a bit - and Levy, as we know, is super sensitive about keeping things afloat ahead of headlong rushes into financial oblivion, he's taken massive risks over last few years and they've paid off with CL qualification but he is all too aware that balance is needed and so transfer policy and wage structure can often appear to be anti and not in the best interest of getting silverware or appeasing the ever expectant fans. That sort of stress is dripping through the club and is bound to be affecting players and staff alike. But let's not get depressed, this is a very interesting crossroads and one which is starting to add up with this story gaining traction over last few days and we shouldn't be beating Levy over the head over perceived tightfistedness when the signs given all point to him actually moving us in the right direction re future investment.

Worth noting that previously the club Ordinary (designated type A) shareholding was divided into around 807827 parts (valued at £1.00 each) but that has now been converted into 20 times the number of shares (valued at £0.05 each) . Type A Ordinary shares are not controlling stake shares, they don't allow voting rights to holders, or dividends. What does this mean? It could mean that shares are being prepped to be traded at lower level by those that are in the driving seat for sale of investment grade shareholdings, which could indicate the presence of an imminent investment opportunity and thereby a profitable uplift in the value of those shares. Also... John Turner, appointed a few years back (2020) is a specialist in investment and most prominently on sales, Turner is a founder and copresident of Qatalyst overseeing consumer technology and software banking. He previously worked for Credit Suisse. He advised Tumblr on its sale to Yahoo, Twitch on its sale to Amazon, Xoom on its sale to PayPal, and Autonomy on its sale to HP. Also, as Lewis stepped back end of last year he left his daughter a significant controlling share (keeping it in the family - also indicating a shareholding worth having) and also a Bahamian lawyer (who is potentially on board now to scrutinize and veto). Everything is shaping up for a sale imho and with that some major naming rights issue - we've got names that mix in with the very top of the business tree linked to some very well known GMNCs.

Now... whether that means we sell to Qataris is another issue, what do Qataris want, and are they a good fit for a club that is famed for Jewish roots, and more recently inclusivity and championing of the Pride movement, and other progressive attitudes? I would hope we take a good long look at it rather than rush in like FIFA did with the WC bid. Are they to be trusted? This is where the discussion and investigations should be going, not whether Levy is or isn't holding us back, which i think from the points above, show otherwise.

Good post but surely ENIC have not invested in the stadium? It’s all debt serviced by revenue, right?

 

[H-SF]

https://worldofhotspur.com/the-great-con-of-tottenham-hotspur/

Apologies in advance it's quite a long read.

Hope there is no issue with posting this here, however it is a very good read. It goes in depth about the problems at Spurs and what we are currently experiencing. It is probably aimed more at those who are not on the ENIC/Levy out train because I'm sure it'll at least get you thinking about maybe why you should be or understand why so many others are converting and have converted.

World of Hotspur is pretty visible on twitter and he's a complete twit. Every single tweet is an attempt to manipulate every bit of spurs news to fit his never the manager always the board agenda.

 

[SpursJord]

World of Hotspur is pretty visible on twitter and he's a complete twit. Every single tweet is an attempt to manipulate every bit of spurs news to fit his never the manager always the board agenda.

You are right he is pretty visible, he may also have an agenda. However, if you care to read what is wrote I'm sure each person can decide for them selves how they feel about it. I'm not asking you to believe everything he has said before, hey I ain't even asking you to believe this. Point is though if you read through that and don't see how correct a lot of it is and how it correlates to where we are at right now then I guess you'll (Any Spurs fan not directly you) be one of those Spurs fans that will ultimately just be happy to only ever compete for places not titles.

 

[H-SF]

You are right he is pretty visible, he may also have an agenda. However, if you care to read what is wrote I'm sure each person can decide for them selves how they feel about it. I'm not asking you to believe everything he has said before, hell I ain't even asking you to believe this. Point is though if you read through that and don't see how correct a lot of it is and how it correlates to where we are at right now then I guess you'll (Any Spurs fan not directly you) be one of those Spurs fans that will ultimately just be happy to only ever compete for places not titles.

Listen I would like new owners and Levy to step away from football operations but there are so many flaws in World of Hotspur’s one sided narrative that he constantly perpetuates that it’s hard to take him seriously. He conflates literally everything bad at the club with the ownership and completely absolves Conte of blame.

 

[chas vs dave]

Listen I would like new owners and Levy to step away from football operations but there are so many flaws in World of Hotspur’s one sided narrative that he constantly perpetuates that it’s hard to take him seriously. He conflates literally everything bad at the club with the ownership and completely absolves Conte of blame.

No one is blameless. They are all a part of the problem right now.

You can include the players in that as well.

 

[EireYid]

Do clubs knowing how much money we have really jack up prices? I mean surely these owners will have an idea of how rich clubs are anyway.

City are arguably the richest club in the world and they get good deals the majority of the time for players.

Don't belive this whole "we won't release finacials because teams will take advantage nonsense."

 

[SpartanSpur]

If Liverpool want minority investment now then its game over IMO. We're destined to be perennially decent to be good but never great.

Worth noting who disagreed with my post...