ENIC...

Dillspur

Well-Known Member
Joined
May 18, 2004
Messages
2,654
ENIC aren't paying the loans back THFC are, but when they come to sell the club they'll be raking it in having invested very little, apart from their initial investment
 

dsl

Member
Joined
Mar 8, 2007
Messages
30
the difference between levy\enic and the previous owners is the vision and clarity of purpose plus the conscious decision to sacrifice short term onfield success for long term stability, infrastructure and financial wise.
net spend was deliberate policy to enable and render viable the current developments and this led to short termism in managerial appointments. it was clear that top managers would not work under those conditions thus the rotations until pochettino.
whatever one may think and even though reliant on bank financing, as are most projects of this magnitude, we have to applaud the vision that transforms our club from mediocrity to a cutting edge entity within the space of such few years. no matter their intentions and the enforced sacrifice imposed on the supporters, at the end of the day it looks like we will have been done proud by levy\enic.
 

Everlasting Seconds

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Joined
Jan 9, 2014
Messages
12,657
Congratulations, OP. You've made it. I am officially, and undoubtedly at a loss for words. I never thought this day would come.

I'm a relatively ENIC positive and Levy positive fan. By and large, they achieve more rights than wrongs, albeit some of the wrongs being major.

But the opening post is so weak, so inaccurate and so contentless despite it's numerous words that it is the worst ENIC defence I have seen ever. Probably, it would serve the purpose better to start the thread with the following:

"ENIC is grand because it's lead by two so handsome men". It might not have been truer, but at least it would have made for a shorter read.
 

littlewilly

Well-Known Member
Joined
May 28, 2013
Messages
692
Tottenham Hotspur is probably the best, or one of the very best, well-run sporting Clubs in the UK. Only Tottenham supporters could do this to themselves.
 

spursfan77

Well-Known Member
Joined
Aug 13, 2005
Messages
25,306
Here we go again. I had a look on twitter and there are morons who want Levy out. I wasn't his biggest fan years ago but how anyone can say he's not done or doing his best for the club or that we haven't improved since they've taken over must be too young to remember a time before them. If in doubt look it up.

Morons.
 

Archibald&Crooks

Aegina Expat
Admin
Joined
Feb 1, 2005
Messages
48,164
Here we go again. I had a look on twitter and there are morons who want Levy out. I wasn't his biggest fan years ago but how anyone can say he's not done or doing his best for the club or that we haven't improved since they've taken over must be too young to remember a time before them. If in doubt look it up.

Morons.
Save your rant for Twitter then. We don't have that sort on here :cautious:
 

FreddieYid

Well-Known Member
Joined
Aug 1, 2011
Messages
1,369
By the time our stadium is complete, ENIC will have invested approx a Billion pounds in Spurs.
I for one am happy with our ownership, however frustrating it can be at times, but I’m sorry, that is so far from true it’s a joke.

ENIC took control 17 Year’s ago next month. By your sums, for ‘them’ to have invested £1bn, would average out around £58m every year they’ve owned us... Do you honestly think this is true?

Assuming the figure of £800m is correct for the Stadium complex and £100m for the training ground, then the expenditure is there for all to see.
All loans for the stadium are secured against the club, not ENIC.

they need success on the pitch to protect their £billion investment.
Nope, they still haven’t invested £1bn.

I actually do not know of another club/owner that has ever spent as much money as us! So much for lack of ambition!
Erm...? Are you actually being serious? You’re clearly on the wind up or living on another planet.

The other bug bear of mine is how ENIC were always said to be in it for the short term.
I’ve heard a lot levelled against them but never that they’re only in it for the short term... To get everything in place and sell at a huge profit yes, but never short term.

They merely are choosing to do it a different way, having stuck a billion in, they can.
Still bullshit.
 

Lilbaz

Just call me Baz
Joined
Apr 1, 2005
Messages
39,898
Enic are an investment fund, they have made an investment in the club but they will expect it back. The fans, tv and sponsorship will pay for everything that we achieve.

That said, we are probably the best run club in the country. We don't have the fan bases of the likes of liverpool, man utd or arsenal and don't have unlimited funds like city and chelsea.

We need to win trophies which we have been unlucky (or mentaly short) losing the last 7 semi finals of the fa cup and 2 league cup finals.

Enic made the decision to go long term, investing in infrastructure rather than players. Simply because they couldn't match the other 5 in that department.

Would i have preferred roman or the sheik to take over rather than them. Yes. I'd love to see us the best and biggest team. But they didn't and you really can't expect lewis or levy to do what those did.

Hopefully the future can be brighter. Remember this is the best league form we have seen since the 60's hopefully trophies will follow.
 
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whitestreak

SC Supporter
Joined
Dec 8, 2006
Messages
581
What was the question again?

Would you like a 3 some with Angelina Jolie and Margot Robbie?

Some on here definitely would ...some would complain that they had to fly from California and Bitch about the cost of the air fair :whistle:
 

cider spurs

Well-Known Member
Joined
Jul 5, 2016
Messages
4,971
the difference between levy\enic and the previous owners is the vision and clarity of purpose plus the conscious decision to sacrifice short term onfield success for long term stability, infrastructure and financial wise.
net spend was deliberate policy to enable and render viable the current developments and this led to short termism in managerial appointments. it was clear that top managers would not work under those conditions thus the rotations until pochettino.
whatever one may think and even though reliant on bank financing, as are most projects of this magnitude, we have to applaud the vision that transforms our club from mediocrity to a cutting edge entity within the space of such few years. no matter their intentions and the enforced sacrifice imposed on the supporters, at the end of the day it looks like we will have been done proud by levy\enic.
Oh!
 

mkkid

Well-Known Member
Joined
Nov 9, 2004
Messages
1,989
ENIC have forked out 28 million to buy the club and then bought out more of the shares later on.
They will sell the club at a over a billion pounds and we will be saddled with debt.
One cup in 17 tears, we are current on par with Villa, Birmingham and Wigan in cup wins this century. Leicester have won more than spurs this century.
This is absolute failure by the club and I constant read about who wonderful everything is. Will we have chirpy 2nd place mascot in ten years.
Its almost like Stockholm syndrome with the disciples of Daniel.
 

parj

NDombelly ate all the pies
Joined
Jul 27, 2003
Messages
2,128
By the time our stadium is complete, ENIC will have invested approx a Billion pounds in Spurs.

Ah people can say they have not put the money in ......the banks have....The thing is have, in the same way that when you buy house, you get a mortgage.



You don't say well I bought my house for £500k ...and the bank put up 400k and I put up100k, ........they own my house.

you own your house the bank have lent against it.



The difference is that if push came to shove and things went wrong they have the money to pay back the banks!



Assuming the figure of £800m is correct for the Stadium complex and £100m for the training ground, then the expenditure is there for all to see.



Some supporters moan about "how tight our owners are" because they do not get x or Y player in the window.



No one outside a select few in the club/enic really knows that much about our transfer business, particular on deals that fall through or why?

Did we pass on a player for what reason? Was it Levy? Was it Poch? Was it the players parents or agent ? was the agent on a "bung" elsewhere etc.

To say we lack ambition after finishing 2nd in the table last season and 3rd the year before is somewhat unfair as we enter the last 16 of the CL.



I do not think that we are run by a bunch of idiots, so if its obvious to me that they need success on the pitch to protect their £billion investment,

it is obvious to them!



Nottingham Forest won 2 CL titles, Where are they today, Before them Blackpool and Preston North End were among the biggest clubs in the UK.

Football is a cyclical business, you have to build a sustainable base



I actually do not know of another club/owner that has ever spent as much money as us! So much for lack of ambition! Poch can see this which is why he is going nowhere , and possibly Harry too.

ENIC has a simple ambition ..........to build Spurs into the biggest club in the UK and then Europe.



The other bug bear of mine is how ENIC were always said to be in it for the short term, Is this the same ENIC, who are now the longest serving owners of a team in the EPL?



They want to build a sustainable model, and they are about 6 months away from completing on the first stage of it.

They merely are choosing to do it a different way, having stuck a billion in, they can! They have a lot more riding on it than anyone else.

So who owns the club? Them or the fans. It is also not just the fans, who pay money but sponsors and or NFL teams/fans etc...

The fans are the customer of the club, not the owner. Like any other business.

And they own that business not you or I. Therefore all the assets belong to them, subject to the bank, and the tax man. Not to us fans.

Obviously like with any business, the need to keep the customer happy, to continue sales, but don't confuse that with ownership.

Spurs today must be worth close to £1.5bn....in fact a friend of mine last july was with a delegation of Chinese buyers trying to buy Woolwich, and Kroenke turned down £2BN, saying it is not enough, this after making them prove the funds.

So forget about 120m...to take it to a ridiculous extreme ...its like saying £1000 stake in apple in 1982 is still worth 1000 not a billion or more.

Obviously the value is what anyone will pay...

They are far from perfect, but I for one, actually would not swap them for anyone else.
Well fcuking said.
 

Wellspurs

Well-Known Member
Joined
Mar 9, 2006
Messages
6,379
Funny enough former Champions League regulars Leeds are playing at the moment?

Edit. Lost today to Newport!
 
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SUIYHA

Well-Known Member
Joined
Jan 15, 2017
Messages
747
ENIC have forked out 28 million to buy the club and then bought out more of the shares later on.
They will sell the club at a over a billion pounds and we will be saddled with debt.
One cup in 17 tears, we are current on par with Villa, Birmingham and Wigan in cup wins this century. Leicester have won more than spurs this century.
This is absolute failure by the club and I constant read about who wonderful everything is. Will we have chirpy 2nd place mascot in ten years.
Its almost like Stockholm syndrome with the disciples of Daniel.
I'll bet you any amount of money you like that we'll win more than all of those clubs put together over the next 17 years
 
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