What's new

Club Ownership 101

rez9000

Any point?
Feb 8, 2007
11,942
21,098
Welcome to Club Ownership 101.

In this three-minute course (unless you can read at above a six-year old level) you will learn all you need to know about Tottenham Hotspur Football Club ownership.

Tottenham Hotspur Football Club is made up of shares. If a person or a company has more than half of those shares, (what is known as being the majority shareholder), they are in charge. When a person or company is in charge, they tell others what to do. They do not get told what to do.

Tottenham Hotspur Football Club's majority shareholder is ENIC International Ltd., which is a company holding 85% of Tottenham Hotspur shares.

Because 85% is more than half, this means that ENIC is in charge of Tottenham Hotspur Football Club.

ENIC is partially owned by Daniel Levy. Because the company owned by Daniel Levy and Joe Lewis is in charge, that means that one of them is in charge. IN this particular instance it is Daniel Levy.

Now because when a person is in charge they aren't told what to do, saying that must leave doesn't work. So, someone saying, 'Levy out' is like saying that water should stop being wet.

Clear?
 

riggi

Well-Known Member
Jun 24, 2008
48,487
104,720
That's always an interesting one for me. On the one hand, we're pretty much nailed on to win something, but then there's the decades of thinking that we cheated.

Ye and you can't trust Arabs.....;)
 

Adam456

Well-Known Member
Jul 1, 2005
4,453
3,117
Surely if Joe Lewis owns 71% of ENIC (Levy has the other 29%) he can remove Levy or any other club employee any time he wants (subject to normal employment law etc.)

Not that I want Levy out btw - just clarifying
 

rez9000

Any point?
Feb 8, 2007
11,942
21,098
Surely if Joe Lewis owns 71% of ENIC (Levy has the other 29%) he can remove Levy or any other club employee any time he wants (subject to normal employment law etc.)

Not that I want Levy out btw - just clarifying
That's covered in my next lecture... ;)

Although what you say is true, I've not seen Joe Lewis posting on this forum as yet.

I'm being facetious. I apologise. Yes, Jow Lewis can remove Levy as Spurs CEO. The liklihood is zero of that happening however. So in theory yes, in practice, no.

Either way, anyone who says 'Levy out!' really really needs to stop.
 

Montasura

Well-Known Member
Mar 15, 2008
7,256
6,768
FFS, I've had my hand up at the back of the class here for at least 5 minutes!!!!!!!!!
 

RichSpur58

Well-Known Member
Apr 23, 2011
2,169
1,931
Welcome to Club Ownership 101.

In this three-minute course (unless you can read at above a six-year old level) you will learn all you need to know about Tottenham Hotspur Football Club ownership.

Tottenham Hotspur Football Club is made up of shares. If a person or a company has more than half of those shares, (what is known as being the majority shareholder), they are in charge. When a person or company is in charge, they tell others what to do. They do not get told what to do.

Tottenham Hotspur Football Club's majority shareholder is ENIC International Ltd., which is a company holding 85% of Tottenham Hotspur shares.

Because 85% is more than half, this means that ENIC is in charge of Tottenham Hotspur Football Club.

ENIC is partially owned by Daniel Levy. Because the company owned by Daniel Levy and Joe Lewis is in charge, that means that one of them is in charge. IN this particular instance it is Daniel Levy.

Now because when a person is in charge they aren't told what to do, saying that must leave doesn't work. So, someone saying, 'Levy out' is like saying that water should stop being wet.

Clear?

So why is Sugar not in charge anymore?
 
Top