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SirHarryHotspur

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Aug 9, 2017
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All the talk is about how football can end the season and fulfill it's TV contracts so it doesn't have to refund any monies but ENIC and Tavistock Group http://www.tavistock.com/portfolio/ must have taken a big hit on the world's stock exchanges .
We must shed a tear for Joe & Daniel their portfolios must be about 20% down in the last couple of weeks. :cry:
 
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coys200

Well-Known Member
May 22, 2017
8,436
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All the talk is about how football can end the season and fulfill it's TV contracts so it doesn't have to refund any monies but ENIC and Tavistock Group http://www.tavistock.com/portfolio/ must have taken a big hit on the world's stock exchanges .
We must shed a tear for Joe & Daniel their portfolios must be about 20% down in a couple of weeks. :cry:

Their portfolio is mainly the club and property. I’m sure they probably have other scattered investments. But tbh at a time like this I’d rather have someone with a first class honours degree from Cambridge sorting this mess than most other people. Almost feel a bit sorry for him, he probably thought the stadium was the biggest headache he’d ever have to face.
 

SirHarryHotspur

Well-Known Member
Aug 9, 2017
5,003
7,417
Their portfolio is mainly the club and property. I’m sure they probably have other scattered investments. But tbh at a time like this I’d rather have someone with a first class honours degree from Cambridge sorting this mess than most other people. Almost feel a bit sorry for him, he probably thought the stadium was the biggest headache he’d ever have to face.

They have quite a few leisure clubs , golf , hotels , restaurants plus I see Mitchells & Butler which run the All Bar One bars quite a few of those in London, those will all suffer with travelling and going out put on hold by so many people.
Stock exchange fall out is affecting everyone including my small pension fund down 12% in the last month, I am sure we will get through it.

PS.
Example of the stock exchange hit on Mitchells & Butler part of the Tavistock Group owner Joe Lewis, share price Feb 20th £4.19 today £1.59
 
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RichieS

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Dec 23, 2004
11,916
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All the talk is about how football can end the season and fulfill it's TV contracts so it doesn't have to refund any monies but ENIC and Tavistock Group http://www.tavistock.com/portfolio/ must have taken a big hit on the world's stock exchanges .
We must shed a tear for Joe & Daniel their portfolios must be about 20% down in a couple of weeks. :cry:
Bloody good job THFC isn't in any way dependent on their money then!
 

arnoldlayne

Well-Known Member
Aug 20, 2007
1,107
1,173
Bloody good job THFC isn't in any way dependent on their money then!
Tavistock - "Tottenham Hotspur is one of the leading football clubs in Europe with a following of more than 460 million worldwide. Inspiring economic growth and prosperity in the North London community, Spurs opened a new best-in-class, 62,000-capacity stadium in April 2019".

Didn't realise we had that many followers? How is that calculated?
 

Pochemon94

Well-Known Member
Aug 6, 2019
1,609
4,371
Tavistock - "Tottenham Hotspur is one of the leading football clubs in Europe with a following of more than 460 million worldwide. Inspiring economic growth and prosperity in the North London community, Spurs opened a new best-in-class, 62,000-capacity stadium in April 2019".

Didn't realise we had that many followers? How is that calculated?

Maybe through support groups and adding up members from the supporters group?
 

IamSpurtacus

Well-Known Member
Jun 5, 2019
1,487
7,011
I honestly think Danny Levy thinks he can emulate the New England Patriots in the NFL.

Here's a quote from a recent article after Tom Brady left the "Pats" after 20 years :

"The Patriots would create megastars, but never pay them salaries to match. As soon as they knocked at Belichick’s door asking for a fat contract, they were out of the door.

For all his rings, Brady was just another cog in that machine, and he knew that. The bind most other NFL teams find themselves in when it comes to elite quarterbacks is that they have to pay them accordingly. Operating by the NFL’s salary cap that leaves far less capital to build the rest of the squad. Brady...accepted contracts way below his market value to...build a roster to win year after year. "

I feel ENIC are taking the same approach - find and pay players less than market value and sell them when they demand more (outside the clubs' perception of market value)

Except we have none of the success, because the premier league isn't the fucking NFL. there is no salary cap to force trade offs when spending, and ENIC hasn't built a squad that can win year after year

The article
 

coys200

Well-Known Member
May 22, 2017
8,436
17,403
Tavistock - "Tottenham Hotspur is one of the leading football clubs in Europe with a following of more than 460 million worldwide. Inspiring economic growth and prosperity in the North London community, Spurs opened a new best-in-class, 62,000-capacity stadium in April 2019".

Didn't realise we had that many followers? How is that calculated?

I’ve seen some silly figures in this context like United claim 3.5 billion or something ridiculous like that.
 

Led's Zeppelin

Can't Re Member
May 28, 2013
7,333
20,178
I honestly think Danny Levy thinks he can emulate the New England Patriots in the NFL.

Here's a quote from a recent article after Tom Brady left the "Pats" after 20 years :

"The Patriots would create megastars, but never pay them salaries to match. As soon as they knocked at Belichick’s door asking for a fat contract, they were out of the door.

For all his rings, Brady was just another cog in that machine, and he knew that. The bind most other NFL teams find themselves in when it comes to elite quarterbacks is that they have to pay them accordingly. Operating by the NFL’s salary cap that leaves far less capital to build the rest of the squad. Brady...accepted contracts way below his market value to...build a roster to win year after year. "

I feel ENIC are taking the same approach - find and pay players less than market value and sell them when they demand more (outside the clubs' perception of market value)

Except we have none of the success, because the premier league isn't the fucking NFL. there is no salary cap to force trade offs when spending, and ENIC hasn't built a squad that can win year after year

The article


But... you're guessing that because Spurs won't pay as much as some other clubs, they are trying to copy the Patriots.

I don't suppose they are. There are some superficial resemblances, but that's all as far as I can see.
 

Metalhead

But that's a debate for another thread.....
Nov 24, 2013
25,351
38,294
Tavistock - "Tottenham Hotspur is one of the leading football clubs in Europe with a following of more than 460 million worldwide. Inspiring economic growth and prosperity in the North London community, Spurs opened a new best-in-class, 62,000-capacity stadium in April 2019".

Didn't realise we had that many followers? How is that calculated?
460 million? Let's get a crowdfunding started for transfers!
 

shelfboy68

Well-Known Member
Jun 14, 2008
14,566
19,651
I honestly think Danny Levy thinks he can emulate the New England Patriots in the NFL.

Here's a quote from a recent article after Tom Brady left the "Pats" after 20 years :

"The Patriots would create megastars, but never pay them salaries to match. As soon as they knocked at Belichick’s door asking for a fat contract, they were out of the door.

For all his rings, Brady was just another cog in that machine, and he knew that. The bind most other NFL teams find themselves in when it comes to elite quarterbacks is that they have to pay them accordingly. Operating by the NFL’s salary cap that leaves far less capital to build the rest of the squad. Brady...accepted contracts way below his market value to...build a roster to win year after year. "

I feel ENIC are taking the same approach - find and pay players less than market value and sell them when they demand more (outside the clubs' perception of market value)

Except we have none of the success, because the premier league isn't the fucking NFL. there is no salary cap to force trade offs when spending, and ENIC hasn't built a squad that can win year after year

The article
A no win situation then all round.
 

Kilkenny Cat

Well-Known Member
Nov 28, 2006
201
480
Apologies if someone has already asked the question in this thread or another, but are recent/current events likely to be slightly less grave for Spurs (because of moving to the new stadium just in time) than for other clubs (Aston Villa will surely be in huge financial trouble for a variety of reasons), or more grave (repayments on the new stadium and no matchday income for the foreseeable future)?

I'd have thought we're in a far stronger financial position than we would have been in the old stadium. But I'm open to being corrected.
 

IamSpurtacus

Well-Known Member
Jun 5, 2019
1,487
7,011
I'd have thought we're in a far stronger financial position than we would have been in the old stadium. But I'm open to being corrected.

Depends - there's still 5 - 6 games worth of revenue that could be lost (~10 - 12M all in) plus events that will no longer take place/be delayed (e.g. the boxing events etc)

Servicing 40M+ of debt on reduced revenue is manageable if it's a short term blip. But - if spurs continue to perform badly, the economy tanks, fans start talking with their wallets and corporate boxes don't get used, then it will have an impact on the debt covenants (Terms)

However, there's still a lot that needs to play out for that to be an issue -no point worrying just yet...
 

coys200

Well-Known Member
May 22, 2017
8,436
17,403
Depends - there's still 5 - 6 games worth of revenue that could be lost (~10 - 12M all in) plus events that will no longer take place/be delayed (e.g. the boxing events etc)

Servicing 40M+ of debt on reduced revenue is manageable if it's a short term blip. But - if spurs continue to perform badly, the economy tanks, fans start talking with their wallets and corporate boxes don't get used, then it will have an impact on the debt covenants (Terms)

However, there's still a lot that needs to play out for that to be an issue -no point worrying just yet...

It’s not £40m+ it’s just over £30m.
 
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