The Daily ITK Discussion Thread - 10th June 2022

[FloridaSpur]

Someone correct me if I'm wrong, but I think the Rangers guy was more to do with scouting as opposed to recruitment.

So we could still possibly hire him.

As far as i know you are correct on this. According to media is being hired "to help source and recruit new talent'.

 

[synththfc]

I incorrectly assumed Scoulding was Paratici's No.2. Seems as if he's going to be assistant performance director to Steinsson, who is performance director.

i love the structure were putting into place, that’s for sure. putting football people into positions that make big footballing decisions can only be good.

that being said, if i’m looking for, essentially, a recruitment director, im not sure i’m looking at everton’s last couple years as an example…

 

[Hotspurious]

Lot of investment into senior the footballing side under Paratici. Very much feels like the club is being prepped for sale IMO.

Disagree…if you’re trying to sell an asset, you don’t burden it with expense and unnecessary liabilities for benefits the new owner might not agree with. Just like when you’re selling a house, you strip it down to minimal furnishing and very neutral colors. Rather, it sounds like they are doubling down on giving long term success a go.

 

[Stoof]

Lot of investment into senior the footballing side under Paratici. Very much feels like the club is being prepped for sale IMO.

Don’t disagree - but also I actually don’t think we’ve not been for sale for ages!

 

[SpartanSpur]

If the club is being prepped for a sale, why waste the effort on appointing new staff who may not be required by a new administration?

My take is that it's putting more people under Paratici to let him focus on higher level stuff, therefore further removing Levy from the football side of things.

This then shows prospective buyers that the club is capable of operating without Levy which may not have been the case in prior years when he was heavily involved in everything at the club.

Whether prospective buyers want to come in an rip that up is up to them but it gives them the option, and at the very least a more in-depth structure to the football side of the business.

It's no secret that the club is on the market though, I think it was someone from The Athletic that said the club is "never 'not for sale'".

 

[freeeki]

Disagree…if you’re trying to sell an asset, you don’t add expense and liabilities to it for features the new owner might not like. Just like when you’re selling a house, you strip it down to minimal furnishing and very neutral colors. Rather, it sounds like they are doubling down on giving long term success a go.

Heavy investment into the football side of a football business makes for a more valuable asset.

There's a reason businesses preparing for sale don't undergo mass waves of redundancies.

Also, as @SpartanSpur mentions above - you have to essentially get the business into a position where it will run just fine with or without the incumbent leader - in this case Levy. You don't do that by expanding the ticket office, you do it by appointing competent senior leaders with clear remits who don't need Levy's input to keep their departments functioning.

 

[SpartanSpur]

Disagree…if you’re trying to sell an asset, you don’t add expense and liabilities to it for features the new owner might not like. Just like when you’re selling a house, you strip it down to minimal furnishing and very neutral colors. Rather, it sounds like they are doubling down on giving long term success a go.

See my points above - it's about lessening Levy's involvement and showing the club can operate without him, which would have been a genuine concern in the past.

Paying off a few execs is chicken feed in a multi-billion pound deal anyway.

 

[synththfc]

 

[Hotspurious]

See my points above - it's about lessening Levy's involvement and showing the club can operate without him, which would have been a genuine concern in the past.

Paying off a few execs is chicken feed in a multi-billion pound deal anyway.

I get your point but I don’t think anyone willing to plunk down that much money is too worried about replacing Levy with their own team.

 

[Sandro30]

That sounds likely. I'm sure Ally G will round this up all later...

he's just started recording, will finish by 8pm and upload at 9pm.

 

[freeeki]

I get your point but I don’t think anyone willing to plunk down that much money is too worried about replacing Levy with their own team.

It's not about whether or not they can hire a team of their own.

Some prospective buyers will be looking for a hands-off investment - ie, one which is running smoothly and can continue to do so in the absence of its existing leader.

When the existing chairman has made themselves essential to the club's operation, there's a huge immediate risk associated with removing them from the organisation.

 

[SpartanSpur]

I get your point but I don’t think anyone willing to plunk down that much money is too worried about replacing Levy with their own team.

One of the biggest concerns in buyouts relates to key people, especially where the departing owners were in key management roles.

I've seen people like Simon Jordan say in the past that any purchasers of Spurs should keep Levy as chairman for this reason. This is a way of proving otherwise.

 

[freeeki]

One of the biggest concerns in buyouts relates to key people, especially where the departing owners were in key management roles.

I've seen people like Simon Jordan say in the past that any purchasers of Spurs should keep Levy as chairman for this reason. This is a way of proving otherwise.

Exactly this.

The last business I worked for which went through a £100m+ takeover was started by two guys in one of their mum's bedrooms, they were all over the company's website and marketing and industry press as two co-founders who'd made it big.

In the 18 months leading up to sale, they gradually disappeared from the website and the socials; the various heads of department were promoted to "associate director" roles; team leaders became managers; the existing finance manager and operations manager both became directors; two NEDs joined the board; over the course of about six months the co-founders went from being very very present, to being absent from the business for days at a time, with no detriment to business continuity.

One of the surest signs of a business being in a healthy place and ready for takeover is when the existing leaders have essentially succeeded at making themselves redundant.

If ENIC are gearing up to sell over the coming years, that will undoubtedly be the tactic they opt for. This appointment only backs that up IMO.

 

[SpartanSpur]

This is just sorting the scouting out on the back of Hitchin going, it will be nothing more than that. Bit worrying about bringing someone in from Everton though. The guy from Man City has a good rep in the game.

It's creating at least two new roles at the club as far as I can tell assuming Scoulding comes in alongside the two mentioned in the article. That is to work underneath the new Director - Football role created for Paratici last summer. That looks like a substantial change in structure to me.

 

[Freddie]

Hiring someone who is linked with one of the worst periods of recruitment from any side ever doesn't immediately fill me with confidence! Everton's spending in the last 5 years has been an absolute shitshow. I'm sure we've got them for a reason though.

 

[Hotspurious]

One of the biggest concerns in buyouts relates to key people, especially where the departing owners were in key management roles.

I've seen people like Simon Jordan say in the past that any purchasers of Spurs should keep Levy as chairman for this reason. This is a way of proving otherwise.

Yeah I’ve heard that too and I agree with him as Levy is very good at the finance side of things. But…Levy departing wouldn’t really hinder the football operations side as he’s not very good at it anyway. If he was appointing folks to the finance and investment side (and maybe he is…don’t know) the alarm bells would be going off. For me, hiring football people to do the football things is long overdue and appropriate whether you are selling or not. Maybe doing the appropriate thing is alarming in this case. ?

 

[robertgoulet]

Hiring someone who is linked with one of the worst periods of recruitment from any side ever doesn't immediately fill me with confidence! Everton's spending in the last 5 years has been an absolute shitshow. I'm sure we've got the for a reason though

Couldn't you blame that on their scouting telling their recruitment who to go chase?

 

[chrissivad]

Probably best taking this to Spurs Chat (thread on this) or the Enic thread if you somehow think they are selling up...

 

[Archibald&Crooks]

Locked until someone can give me a credible reason as to what Everton’s transfer business has to do with this thread.

Or until I’ve gone through the thread getting rid of the idiots. Whichever comes first**

**hint: it won’t be option A

 

[Archibald&Crooks]

Actually fuck it. Lets just not have a thread