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Player Watch Player Watch: Giovani Lo Celso

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DONOS10

Well-Known Member
Jun 22, 2015
430
2,496
He isn't ITK with most things but seems to be quite close to parties dealing in area of Seville. Decent guy spoke to him a few times and has no reasons to lie

I don't think he has connections as such, but he has good knowledge of the more trusted sources in Spain, so posts them accordingly
 

SpartanSpur

Well-Known Member
Jan 27, 2011
12,552
43,063
I’m not worried about this. For all we know, Poch could’ve told Levy “it’s Lo Celso, or it’s nobody” similar to last year when Levy was unable to get De Jong and Ndombele for various reasons.

If that is the case and GLC is the only player Poch wants, it definitely makes sense to wait and save money. Betis need to sell and GLC would’ve missed most of pre season regardless so waiting would make no difference.

For the record, I’m getting pretty tired of reading the Levy hate on this forum. It honestly makes no sense to call Levy tight when the man above him, Joe Lewis, a multi billionaire, is giving us nothing.

I'm not a Levy hater by any stretch, but any capital put in by Lewis would dilute Levy's shareholding in Spurs, which is now worth a very significant amount of money.
 

Meercat

Well-Known Member
Jul 4, 2008
1,119
6,292
I may be screwing the mathematics up, but it looks like from the first talks of a deal being in place earlier in the month to now the fallout of the government instability and the catastrophic pound vs euro, it looks like currency fluctuations have made the 45m offer half a million quid more. That’s insane. It must be driving Levy up the wall. It also means that their higher asking price is a full million pounds more than it was a month ago in real terms. I know I look at it like a guy with no money, but I’d be looking to the pound and praying we’ll see some stability before having to make a first payment...
 

Japhet

Well-Known Member
Aug 30, 2010
19,232
57,391
I’m not worried about this. For all we know, Poch could’ve told Levy “it’s Lo Celso, or it’s nobody” similar to last year when Levy was unable to get De Jong and Ndombele for various reasons.

If that is the case and GLC is the only player Poch wants, it definitely makes sense to wait and save money. Betis need to sell and GLC would’ve missed most of pre season regardless so waiting would make no difference.

For the record, I’m getting pretty tired of reading the Levy hate on this forum. It honestly makes no sense to call Levy tight when the man above him, Joe Lewis, a multi billionaire, is giving us nothing.


IIRC, Lewis offered a cash injection but it would have diminished Levy's share in THFC. Levy was given the choice and turned it down.
 

Japhet

Well-Known Member
Aug 30, 2010
19,232
57,391
I may be screwing the mathematics up, but it looks like from the first talks of a deal being in place earlier in the month to now the fallout of the government instability and the catastrophic pound vs euro, it looks like currency fluctuations have made the 45m offer half a million quid more. That’s insane. It must be driving Levy up the wall. It also means that their higher asking price is a full million pounds more than it was a month ago in real terms. I know I look at it like a guy with no money, but I’d be looking to the pound and praying we’ll see some stability before having to make a first payment...


THFC will have plenty of Euros in their coffers. We won't just have £ hidden under the bed.
 

Metalhead

But that's a debate for another thread.....
Nov 24, 2013
25,351
38,294
THFC will have plenty of Euros in their coffers. We won't just have £ hidden under the bed.
I was just thinking that currency is constantly subject to fluctuation so is it that important how the pound is performing now, given that any fee will be staggered anyway?
 

arunspurs

Well-Known Member
Aug 31, 2012
8,807
35,543
If Gaffney's info is true then £37 million is a very low ball offer for GLC.
Betis bought Lo Celso on last weeks of last season for 22mEUR

Without him playing a single game , they are asking 80m EUR

If we offered 37m£ (40mEUR)...now how is that a low ball offer ???

Every report says we are the only team for him & player wants to sign for us.

I know we want the player to sign asap...but doesnt mean we have to give nearly 4 times the price he was bought in May 2019.
 

yido_number1

He'll always be magic
Jun 8, 2004
8,646
16,809
It's a good point. Saying that, presumably Levy never pays all up front on a large fee so that risk always remains throughout the process of paying the instalments? Or doesn't it? I'm confused!
If I'm not mistaken Joe Lewis made a lot of money from FX. If that's the case the club will no doubt hold money in a a lot of different currencies. Also if the Tripper fee was paid in Euro's we will be gaining on that.

@arunspurs I agree but we did similar with Lyon all be it he played a year with them.
 

daryl hannah

Berry Berry Calm
Sep 1, 2014
2,674
7,717
Betis bought Lo Celso on last weeks of last season for 22mEUR

Without him playing a single game , they are asking 80m EUR

If we offered 37m£ (40mEUR)...now how is that a low ball offer ???

Every report says we are the only team for him & player wants to sign for us.

I know we want the player to sign asap...but doesnt mean we have to give nearly 4 times the price he was bought in May 2019.
He'd already played a season on loan at Betis. The reason his fee was low from PSG was because it was an option to buy agreed the season before he went on loan to Betis.
 

wrd

Well-Known Member
Aug 22, 2014
13,603
58,005

Lets say this information is true, then Levy would be working within the clubs best interest to keep low balling if there's no other offers and if another team comes in with an accepted offer to then match it, Lo Celso supposedly is keen to work with Poch so the other club shouldn't be a problem. He'd be overpaying to play it any different and if they have to sell then there's no need to pay more.
 

wrd

Well-Known Member
Aug 22, 2014
13,603
58,005
"I am not in charge, I know nothing about the situation of my players. I am only coaching them, trying to get the best from them."

Despite everyone criticising some fans for worrying over our lack of transfers, the plain facts are that Pochettino is clearly frustrated at present as per his comment above. He asked us to act like a big club over the Summer which I don't think we have. I think it's clear he wanted a few players in early so they were involved in pre season and aprt from N'Dombele, it hasn't happened. Personally, what frustrates me the most is that we are so close to being top contenders and we only need 2 quality players. The foundations are already there. Now I'm not saying go and spend £300 million, but surely £100 million on 2 further quality players is too much? Record profits, record kit deal and the stadium is now finished. Plus we've also got Trippier, Vorm, Llorente & Janssen off the wage bill. If we can't spend now then we never will.

3rd post in and he's gone with the big bold text early out the gate.
 

RJR1949

Well-Known Member
Jan 31, 2013
924
5,144
It's a good point. Saying that, presumably Levy never pays all up front on a large fee so that risk always remains throughout the process of paying the instalments? Or doesn't it? I'm confused!

Joe Lewis became a billionaire through trading currencies (and I would be stunned if he hadn’t made a little (several million) out of the decline of the £ in recent weeks). There is nobody better placed to advise on and mitigate foreign exchange risks.

So I would expect the club to have bought Euros forward or to have bought options to guard against the depreciation of the £.
 

arunspurs

Well-Known Member
Aug 31, 2012
8,807
35,543
He'd already played a season on loan at Betis. The reason his fee was low from PSG was because it was an option to buy agreed the season before he went on loan to Betis.

Betis till date has paid only the 3m loan fee. Even this 22mEUR is not repaid yet. So, how ever you look at it, asking 4 times the PSG fee is just not on.
 
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