Also 4.5bn seems excessive when united are valued at 5bn
Does it? I’m not very knowledgeable about this kind of thing, but the stadium alone must account for a massive chunk to any new buyers?
Also 4.5bn seems excessive when united are valued at 5bn
I can’t imagine anyone with £4.5B coming in and saying: “Carry on! Don’t mind me, I’ll just be sitting quietly in the background!”If it's somebody coming in and merely taking over ownership, effectively replacing Joe Lewis and staying in the background while the current people continue to run things, then I'd welcome it. If it's the likes of Boehly or another billionaire who just wants a new play thing and to get involved then they can kindly jog on.
Spurs still have a lot of development potential. The revenue streams on top of the football revenue streams are full of potential - hotel plus development of surrounding real estate.Also 4.5bn seems excessive when united are valued at 5bn
I though that too, but with United needing to drop £1b - £2b on the stadium and training gound, plus having £5-£600 million on dead debt hanging around their shoulders.Also 4.5bn seems excessive when united are valued at 5bn
That's what worries me.I can’t imagine anyone with £4.5B coming in and saying: “Carry on! Don’t mind me, I’ll just be sitting quietly in the background!”
I doubt those are tied to the club. I'm sure if ENIC sell they will own the properties around the stadium. Perfect for them to cash in on the club but keep money coming in with all the people coming to the stadium.Would the £4.5 billion valuation include the properties around the stadium including Lilywhite house and the site of the new hotel?
It depends on the owner. Not all are oil rich looking to sportwash. No ownership lasts for ever so there will be a point where it has to happen. Now is probably the best time now we have the football hierarchy in place. End of the day we've had the same owner over 20 years which is not very common.We have got to be the most fickle fan base in the World.
Only at Spurs in 8 months could we go from being happy if Vlady babes himself took us over to never wanting Levy to leave
Its still too soon with Levy for me, been here before and he always manages to stooge it up. That being said I am probably just about in the Better the Devil You Know camp, the hit rate on these mega $ owners has been pretty poor if you look past Sheikh whatshisface and Roman
So weird to now think this but I think I'd want Levy to stay
I was under the impression that those properties were technically owned by Tottenham Hotspur Limited - via various subsidiaries which are wholly owned by THL.I doubt those are tied to the club. I'm sure if ENIC sell they will own the properties around the stadium. Perfect for them to cash in on the club but keep money coming in with all the people coming to the stadium.
Correct , for every Tottenham Hotspur company listed on Companies House click on "people" then click on "persons with significant control" and up comes.I was under the impression that those properties were technically owned by Tottenham Hotspur Limited - via various subsidiaries which are wholly owned by THL.
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If the new owner believes Levy can continue increasing turnover etc at the rate he has over the last 20 years they will.I can’t imagine anyone with £4.5B coming in and saying: “Carry on! Don’t mind me, I’ll just be sitting quietly in the background!”
THFC used to own a considerable amount of land on both sides of the High Street but sold most of its holdings on the east side of the High Street (between the High Street and Railway station) to ENIC to help fund the stadium construction.I though that too, but with United needing to drop £1b - £2b on the stadium and training gound, plus having £5-£600 million on dead debt hanging around their shoulders.
We're prime for a new owner to simply come in and drop a large wedge on transfers and still be the right side of PSR.
Others have said we have a lot of developments plans lined up (womens training ground, hotel, extreme sports centre, health centre, a gazlion new homes) but I dont know who owns them and if the club would they be part of the deal? or sold separately?
I think lilywhite house was sold in a land/debt swap to help kick start the stadium.
Are you getting east and west mixed up , High Road West project is a mainly a Haringey Council Project , THFC (ENIC) do own some properties the largest being the Goods Yard north of WHL.THFC used to own a considerable amount of land on both sides of the High Street but sold most of its holdings on the east side of the High Street (between the High Street and Railway station) to ENIC to help fund the stadium construction.
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The planned development of the eastern side of the High Street will require massive investment. Selling a 25% stake in ENIC to fund the project would make a lot of sense. A pro-rata dilution of 25% in Tavistock and DL's holdings in ENIC would have little effect on THFC (Tavistock would still own a majority of the ENIC shares).
New owners can't just come in and spend big; those days are gone.
So, what do people want from potential new owners? What would they bring to the table? I am curious to see how this plays out.
If the new UEFA 'squad cost ratio' rules supersede the current PSR rules then our transfer & wage spend will be as a % of turnover which the Premier League apparently want this as high as 85% as opposed to UEFA's 70%.New owners can't just come in and spend big; those days are gone.
So, what do people want from potential new owners? What would they bring to the table? I am curious to see how this plays out.