Tottenham Takeover Talk

[Westmorlandspur]

You cannot guarantee Champions League or even European football every year.

You also cannot guarantee a string of sell out Beyonce performances every year.

If you budget on that basis you run risks going forward - when such events occur then the additional profits derived should be invested in the club.

Sound economics suggests you manage what is under your control and budget accordingly.

What you can currently guarantee is a sell out stadium each match and the associated Revenue. Sound business sense.

Totally ignoring inflationary pressures on the costs of this side of the business is not logical - so increases to ticket prices, whether that be matchday or season ticket, is inevitable.

Fact that increases are less than inflation emphasise the reliance on other strands of the business income.

It should be remembered that a small increase each year is more sensible than a larger increases every other year and more easily manageable to our cash flow.

As a 63 year old season ticket holder, the news that there will be no future concessions to benefit from is disappointing - but unfortunately I do understand

It's a bit like society in general - the needs of the older generation is growing and the cost to support is falling on a smaller number.

It is not sustainable and THFC will not be alone in making such a stance.



What Levy has also done is prove to any potential investor is that the business of the football club is being run efficiently, and that even decisions which do not meet with universal agreement are taken if they are in the interests of the football club.

Would be interesting to know how many clubs discount over 65s and how much. Liverpool is just 25%.

 

[McFlash]

I don’t feel sorry for you but I do feel desperately sorry for those who will not be able to afford to go anymore

The thing is, that's been happening for ages and not just with ticket prices.
I used to regularly go and watch games but then life took over, kids came along and circumstances changed, so I haven't been able to go for bloody years.
It's not just the ticket prices that have stopped me going, it's the cost of everything else.

It's a shame because I'd love to take my son to the ground but just can't afford it.
The disparity between the "haves" and "have nots" is constantly increasing and as sad as it maybe, football is a part of that.

We're Spurs fans and always will be but I take my kids to watch my local team these days and we watch Spurs on the telly.
My kids get in free to the local club, it costs me 8 quid and we can walk there. For just my son and I to go to Spurs, I'd be looking at about 200 quid or more and I just can't justify that expenditure for an afternoon with just one of my three kids.
It's almost become two different games.

 

[Misfit]

I don't think anyone has been brainwashed at all but when you look around at other owners, ours isn't as bad as some make out.
Yes, he certainly has his flaws but he's also been incredibly good at his job, just look at where we are now to where we were when he came in.

It is possible to have a balanced and reasonable view of him, without either sucking him off, or despising his every fibre. There is a middle ground too.

He's basically a successful businessman and gets paid accordingly, you can't make comparisons with politicians.

All I've ever wanted - to the point of being driven to the edge of football sanity at times - is for him to stay TF away from footballing/negotiating stuff. It's taken 20 years but he seems to have reached that conclusion himself. His business acumen isn't in doubt. He's taken us from about the same spot as Citeh/Chelsea to about the same position as Citeh/Chelsea financially and done it organically without their financial doping.

All we need now is a few trophies like the unmentionables above.

 

[McFlash]

All I've ever wanted - to the point of being driven to the edge of football sanity at times - is for him to stay TF away from footballing/negotiating stuff. It's taken 20 years but he seems to have reached that conclusion himself. His business acumen isn't in doubt. He's taken us from about the same spot as Citeh/Chelsea to about the same position as Citeh/Chelsea financially and done it organically without their financial doping.

All we need now is a few trophies like the unmentionables above.

Yeah, give it a year or two without a trophy and I'm pretty sure I'll be screaming bloody murder but I'm willing to see where we can go from where we are.
We're finally financially stable, the stadium is raking in the cash, so the next step is silverware...and then global domination!

We're actually on a footing now to allow us to compete, as you say, without financial doping.
If we can push on to that next step, boy it's going to taste that much sweeter.

 

[Metalhead]

You joke but top 4 is far more beneficial than a domestic trophy as far as our financials go and remaining in a strong position for ffp rules. The one year we didn't qualify for Europe and it already has knocked us a bit. The titles that people obsess over with any real worth for the club is the league title (which couples with the league position bonus and CL qualification) and the CL title (which couples with the CL progression bonus) in which a few years ago we got a fair bit for progressing to the final. So for all the stick we get for no titles the 2 major ones that matter are largely dominated by the mega rich/worlds biggest clubs and not many clubs win those. I'm sure Levy's long term vision is to build us into one of those biggest clubs. Again though domestic cups don't get you there, league titles and major European titles do.

Oh totally. It's a nice thought that we could find it achievable to do our own version of a league and cup 'double' by finishing top 4 and winning a cup untill we're capable of a serious assault on the title or CL trophy.

 

[Johno1470]

My query is what would a minority shareholder gain from investing in us?

For example, if an oil tycoon comes in and purchases 25% of ENIC’s shares. Aside from throwing some money towards new players and helping the team challenge, what way would they benefit?

I can only assume that a 25% stake would cost a hell of a lot (going by reported valuations of the club) and would the investment include the property portfolio that ENIC own too?

My guess is that potential investors would be from companies seeking naming rights and marketing benefits.

Given that we have now got a world class stadium, training ground and revenue coming in from various other channels, how would a potential investor actually make money from their purchase and likely investment in players?

 

[ukdy]

My query is what would a minority shareholder gain from investing in us?

For example, if an oil tycoon comes in and purchases 25% of ENIC’s shares. Aside from throwing some money towards new players and helping the team challenge, what way would they benefit?

Exposure and a potential increase in the value of their investment

I can only assume that a 25% stake would cost a hell of a lot (going by reported valuations of the club) and would the investment include the property portfolio that ENIC own too?

Good question, and it's nuanced. Football club investment v shares in ENIC from the Lewis/Levy family trusts.

My guess is that potential investors would be from companies seeking naming rights and marketing benefits.

Naming rights might be possible with investment, but naming rights isn't what it's cracked up to be compared to the exposure of The Tottenham Hotspur Stadium raising awareness of our club and location. Nondescript Stadium means nothing to most people worldwide.

Given that we have now got a world class stadium, training ground and revenue coming in from various other channels, how would a potential investor actually make money from their purchase and likely investment in players?

It's all about vanity, exposure and a potential increase in the value of their investment. You don't have many Roman the Russian investors nowadays happy to pump unlimited money in just for trophies.

 

[MR_BEN]

‘Disappointing’!!!

You think someone who’s been supporting their football club all their lives, then retires on the state pension, but is told he’ll not get a reduced ST price because he no longer earns a wage, will only be disappointed?

It is disgusting - at the very least it should be means tested and those that can no longer afford a ST should 100% be given the opportunity to keep it going, should they so wish, for as long as they are able

It’s bad enough that younger supporters have been priced out. Targeting retired supporters loyalty, who may have been supporting their football club for decades is abhorrent

I disagree.

Why should somebody get a discount simply because of their age? They are utilising the same services etc.

As the club pointed out - the % of ‘senior citizens’ with concession tickets has risen 4 fold in the 5 years we’ve been in the new stadium.

It either becomes a burden on the club, or - a cost to the rest of the fanbase to fund any concessions.

People get old, retire - and adjust their lifestyle to match their budget.

Going to the football is a luxury, not a need.

 

[Led's Zeppelin]

My query is what would a minority shareholder gain from investing in us?

For example, if an oil tycoon comes in and purchases 25% of ENIC’s shares. Aside from throwing some money towards new players and helping the team challenge, what way would they benefit?

I can only assume that a 25% stake would cost a hell of a lot (going by reported valuations of the club) and would the investment include the property portfolio that ENIC own too?

My guess is that potential investors would be from companies seeking naming rights and marketing benefits.

Given that we have now got a world class stadium, training ground and revenue coming in from various other channels, how would a potential investor actually make money from their purchase and likely investment in players?

Global exposure. There are countless ways that can be done, and the value is enormous: companies are prepared to pay hundreds of millions for it, and this way they can get it for no net expense.

Influence. . 25% ownership can buy you very considerable influence. The Man Utd deal illustrates that, but it’s always been the case.

Income and return on capital investment.

A club in the richest league in the world with very little risk of losing that status and every potential of improving on it will yield a positive return. Given that the exposure alone is worth a huge amount, the return can be modest and still make it a very attractive investment.

The timing is just right too. We’re in such a good financial position relative to the other established top-tier clubs. The risks for an investor that’s not a sovereign wealth fund with unlimited resources and no financial-return requirements are probably not available anywhere else. Not on this scale, and certainly not in the UK.

I can see healthy competition for a significant minority stake in the club. And Levy will enjoy milking it for all it’s worth!

 

[MR_BEN]

Love this. Thanks for posting your opinion on the matter. I find it refreshing.

The price increase irks me far more than the concessions. Many young people have to pay up to 70% of their decent salaries on rent, let alone on any mortgage. They cannot afford the football either.

Then they watch it on the tv like the majority of people have to.

 

[MR_BEN]

My query is what would a minority shareholder gain from investing in us?

For example, if an oil tycoon comes in and purchases 25% of ENIC’s shares. Aside from throwing some money towards new players and helping the team challenge, what way would they benefit?

I can only assume that a 25% stake would cost a hell of a lot (going by reported valuations of the club) and would the investment include the property portfolio that ENIC own too?

My guess is that potential investors would be from companies seeking naming rights and marketing benefits.

Given that we have now got a world class stadium, training ground and revenue coming in from various other channels, how would a potential investor actually make money from their purchase and likely investment in players?

By increasing the value of the club.

More equity, hopefully - brings growth, and success both on and off the pitch.

Made up numbers - but let’s say - they invest £1bn today for 25% of the club, with is worth £4bn

Their investment is used wisely and successfully. 10 years down the line the club is valued at £10bn

They cash in their 25% for £2.5bn - they’ve made a £1.5bn profit.

 

[mil1lion]

My query is what would a minority shareholder gain from investing in us?

For example, if an oil tycoon comes in and purchases 25% of ENIC’s shares. Aside from throwing some money towards new players and helping the team challenge, what way would they benefit?

I can only assume that a 25% stake would cost a hell of a lot (going by reported valuations of the club) and would the investment include the property portfolio that ENIC own too?

My guess is that potential investors would be from companies seeking naming rights and marketing benefits.

Given that we have now got a world class stadium, training ground and revenue coming in from various other channels, how would a potential investor actually make money from their purchase and likely investment in players?

A multi billionaire who wants to make Tottenham the best team in the land because he had a Hoddle shirt as a kid and cockerels are a lucky charm in his culture

 

[SirHarryHotspur]

I disagree.

Why should somebody get a discount simply because of their age? They are utilising the same services etc.

As the club pointed out - the % of ‘senior citizens’ with concession tickets has risen 4 fold in the 5 years we’ve been in the new stadium.

It either becomes a burden on the club, or - a cost to the rest of the fanbase to fund any concessions.

People get old, retire - and adjust their lifestyle to match their budget.

Going to the football is a luxury, not a need.

Good point, last Sunday with the other half went to the theatre in the West End had to pay full price tickets , didn't say to me your well over 66 have a discount.
Then went to a restaurant near Piccadilly, when the waiter gave me the bill for £108 , two courses, coffees , one beer and 15% service charge didn't say , ah you poor old man of over 66 have a 50% discount.

 

[jay2040]

Good point, last Sunday with the other half went to the theatre in the West End had to pay full price tickets , didn't say to me your well over 66 have a discount.
Then went to a restaurant near Piccadilly, when the waiter gave me the bill for £108 , two courses, coffees , one beer and 15% service charge didn't say , ah you poor old man of over 66 have a 50% discount.

I get what you are saying though it is a load of shit!
The difference is that there was never a concession in the first place in the theatre or meal was there , and have you been going to the same place for years?
It seems like you just ass kissing the previous post!

 

[southlondonyiddo]

FOOTBALL IS NOT LIKE GOING TO THE FUCKING THEATRE

FUCK ME

 

[mil1lion]

You could argue that just because there was one before doesn't mean they need to have one forever. It's a tricky one but with so many feeling the costs these days it's hard for people regardless of age to pay to attend. I think keeping the discount for existing ST holder who went to WHL is fair but for new applicants I can see why the price is equal regardless of age. As long as they keep the discount for those who retain a season ticket and are over 65.

 

[SirHarryHotspur]

I get what you are saying though it is a load of shit!
The difference is that there was never a concession in the first place in the theatre or meal was there , and have you been going to the same place for years?
It seems like you just ass kissing the previous post!

Actually there are concessions at theatres that receive public money like the National but not most west end privately owned theatres and football clubs are privately owned, also some local councils do run cheap meals service for older people , again backed by public money.

Ways to save | National Theatre

Discover the best ticket deals and concessions for our productions at the South Bank.

www.nationaltheatre.org.uk

 

[alfie103]

At least we comfort ourselves with the thought we are the richest club in London.

 

[Westmorlandspur]

That club of the people, Liverpool, raise ticket prices for the second successive season.
How dare they.

 

[southlondonyiddo]

That club of the people, Liverpool, raise ticket prices for the second successive season.
How dare they.

American owners and that’s why Anfield is like a library most of the time now just like all Premier League grounds

Most legacy supporters that made noise have either been priced out, become fed up with the sterile nature of the game these days - or both!