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The ousting of Daniel (COYS)

chas vs dave

Well-Known Member
Jul 17, 2008
5,568
22,389
Can anyone with a brain explain the loss Levy is presenting?

Did we make a >110m profit or not?

If we made a loss, how are we going to begin paying down 850m of debt?

Simple responses only please, without repeating the statement- which I’ve read.

Cheers

Can anyone with a brain explain the loss Levy is presenting?

Did we make a >110m profit or not?

If we made a loss, how are we going to begin paying down 850m of debt?

Simple responses only please, without repeating the statement- which I’ve read.

Cheers

We made an operating profit, however we have had to write down a lot of assets. I'd assume we are clearing the decks, in terms of player depreciation.

That's my take on it (i could be wrong), my work bonuses are usually linked to ebitda and its usually a good marker of the business' health operationally.
 

cliff jones

Well-Known Member
Aug 31, 2012
4,210
6,970
You do realise he's talking about where we want to be, not where we currently are?

As for the prices, you'll find that the beer is cheaper in those countries too.
you may have me here- generally I have no realisation of what he’s on about, but I try to play the ball not the man. Levy has tried a bit of Dortmund in buying lots of young players with promise, and a bit of Athleti by installing boring defensive managers. But has flip-flopped on strategy coz he ain’t got a fkin clue about football.

You’re right, it’s better to compare his prices to our domestic competitors. Then overlay the comparison with a measure of quality of team, and success. Another reason why I don’t like the bloke.

Anything else?
 

cliff jones

Well-Known Member
Aug 31, 2012
4,210
6,970
We made an operating profit, however we have had to write down a lot of assets. I'd assume we are clearing the decks, in terms of player depreciation.

That's my take on it (i could be wrong), my work bonuses are usually linked to ebitda and its usually a good marker of the business' health operationally.
Cheers. So do we pay down a chunk of the debt, or make a loss, so can’t?

I mean, he’s not going to pay a bean of it down is he.
 

The Scarecrow

Well-Known Member
Jan 17, 2013
5,612
12,263
You’re right, it’s better to compare his prices to our domestic competitors. Then overlay the comparison with a measure of quality of team, and success. Another reason why I don’t like the bloke.
You absolutely need to take the quality of the infrastructure into account as well. A new house is more expensive than an equivalent old house.
 

cliff jones

Well-Known Member
Aug 31, 2012
4,210
6,970
You absolutely need to take the quality of the infrastructure into account as well. A new house is more expensive than an equivalent old house.
agree, but this has to be weighted far lower than what's on the pitch. I'd stand in pools of urine to watch an entertaining team, featuring players I wanted to emulate. Actually, I did- for several years.
 

Lifelong

Well-Known Member
Aug 22, 2013
780
1,897
agree, but this has to be weighted far lower than what's on the pitch. I'd stand in pools of urine to watch an entertaining team, featuring players I wanted to emulate. Actually, I did- for several years.
Stand in it........you were lucky......
 

SaKkA.kenchiku

Well-Known Member
Sep 23, 2006
150
585
Good post but tbh I don’t think that many on here are shortsighted and ignore the good work Levy has done in terms of steadily improving our league positions and with the stadium and training ground, he often gets credit for that.

The issue is his continual over involvement in the football side, as you say his mistakes in terms of manager hires and fires, timings, the people and set-up he’s put in place in terms of player recruitment, the lack of a coherent plan, the constant chopping and changing or scattergun approach and the overcautiousness to at times take slightly more of a risk to push us over the line to win rather than to be close but always the bridesmaid.

The recent statement mentioned we’d been in 14 semi finals and 6 finals in the last 20 years, that’s isn’t bad going and some of those losses were due to poor manager tactics, player selections, mentality etc and Levy cannot be held to blame for example our FA Cup Semi loss under Redknapp to an awful Portsmouth side which was a disgrace but a large number of these near misses CAN be put down to the football decisions meaning we don’t have enough quality and/or depth in the squad or a clearly aligned football philosophy and so when we do get deep into these competitions we fall short.

This is where a lot of fans feel so much frustration because if Levy had of not meddled in the football activities as much as he had and if we had more often showed a clear consistent plan and ambition to win I think we’d be sitting here with 2-3 more trophies and far more satisfied fans.

The question is right now in this stage of where we are as a club is he/ENIC the right people to push us on to win, that answer isn’t black and white, on past evidence the answer is no because the same mistakes will be made and so the same outcome will happen but if we do continue or back Conte and he renews then you never know.

Beyond just another trophy, after Conte I think we need to go back to hiring managers who play easier on the eye more aggressive pressing high possession football, which in this day and age will give us just as much if not more chance of continuing to try and win a trophy anyways and it will appease the fans want for better entertainment on the pitch which will in turn bring back a much more positive atmosphere which will in turn help drive the team forwards like it did under Poch.

COYS
I would agree it’s not all fans that are shortsighted and you are clearly not shortsighted either. That comment was more my frustration in protests etc that I am not sure is valid really as many clubs would dream of what has happened to Spurs over my time since the 1990s..

My main point was that actually on the football side we are on the up, not only on the financials and Stadium etc….yes Levy has made errors on the football side, yes he should not be involved on deciding which players we buy (this is what I have understood happens via the ITK) yes he should absolutely be critiqued for it. However our progress on the pitch has matched the off pitch, we are not there yet but I would argue we are on an up overall. There was a wobble after Poch, but it has been somewhat fixed with Conte, FP For now…. I’d mention again, what club leadership has been as consistent as Levy? Not Arsenal, Not United, Chelsea fell off, Liverpool? Nope they were a mess, solved it with Koop but have dropped. Only City has been run well (ignoring the current news) and the fact they have endless money, they haven’t had many mistakes.

All the clubs have had flops of players. Spurs with Ndombele and Le Celso however United have many more, Liverpool had an exceptional period but some suspect ones now….

I think what most have concluded to is the main question, Is Levy the right team to take Spurs further and what I am arguing is that why is he not as of yet, because the journey is not complete, and why would be not give him the time to continue. We are investing more in the players, we are earning more and we can complete with all accept United, Chelsea and City really now….

I believe Levy should continue the process over the next 5 years and see if he is the correct one or not. Unless we are saying someone else would be better? A State run one, maybe, am I tempted and excited by that, yes……. But there is a beauty to doing it our way and I would say again we Levy hasn’t not failed yet and hasn’t shown big signs we are regressing….

I think he’s the right person, dare I say it and I would review my opinion over the next few years….. but protests of the board out seem strange to me when we’ve had massive gains over the 20 year Tenure …..
 

SaKkA.kenchiku

Well-Known Member
Sep 23, 2006
150
585
A very well rounded argument and a fair one too. I’ve been more of a sceptic than anything else with Levy and ENIC: fed up with the same old but realistic knowing, especially Levy, is not going anywhere anytime soon. Lewis might give in his stake and this is where things might change but still cannot see Levy completely going.

We most definitely share the same period of growing up on mediocrity and at times even below that! When I went to see my first Spurs game at WHL in 1997, the season before that we finished 10th with Wimbledon, Sheffield Wednesday, Villa, Leicester finishing above us along with the usual dominant teams above them. That 1997/98 season we finished 14th with Derby, Coventry and West Ham above us, well most of the league was ?.

I totally agree with you, the more you look back and reflect I for one when I was taking the relentless banter from Arsenal and Man U fans at the time would be laughed out of the room if I’d say Spurs would have a few title runs in the 2010s, Champions League finalists as well. To be honest I would’ve never believed it would be possible in the early 2000s.

I would be disingenuous to say that Levy and ENIC have been a disaster as they clearly haven’t. I just feel they’ve punched above their weight with the football side of things just like we have been doing on the pitch for the past 15 years or so especially when you look at Chelsea, Man City and Man Utd.

I’m at the stage now of not getting too annoyed, frustrated or surprised by Levy and ENIC when it comes to them not giving the squad that extra investment at the time when we could challenge. At the end of the day I’ve always been Spurs and will be until I die. In the law of averages we will surely win trophies in my lifetime and turn those nearly moments from the recent past to a flurry of trophies in the future. COYS.
Cheers, I enjoyed this post and yes we are around the same generation it seems, there was a lotttttt of Arsenal pain for us then….
 

Hotspur33

Well-Known Member
Apr 21, 2014
1,641
3,960
I agree with all of that but I think the question is now, are they the right owners to push us on that final level? Do they have the finances to do so? Do they have the desire to do so?

Many think not and therein lies the problem. It’s where we need the clarity. It’s why I have no problem with Levy doing programmes like the one this week and why I’d like him to reveal himself more. Obviously Lewis isn’t going to do it, so it’s up to Levy to honestly tell the fans what the plans are and to what degree.
The answer is clearly no. Levy/Lewis/ENIC do not have the financial capability to take on City, Chelsea, Newcastle or United. But that doesn’t make them bad owners. Personally I think Levy has been great for Spurs. I struggle to find anything to get offended by in this latest statement.
 

happy days

New Member
Dec 3, 2014
3
22
only my second post on here but I do not believe the general Levy out passion is not as huge as it is on SC.
Having been at palace, fulham and preston where the impression that the fan base was totally anti levy
because of the "percieved" noise. I disagree and I think there were no more than 20/25 pct of fans involved
 

littlewilly

Well-Known Member
May 28, 2013
1,697
5,269
only my second post on here but I do not believe the general Levy out passion is not as huge as it is on SC.
Having been at palace, fulham and preston where the impression that the fan base was totally anti levy
because of the "percieved" noise. I disagree and I think there were no more than 20/25 pct of fans involved
Your first sentence is a bit confusing with those two whopping negatives. Are you saying you do believe it’s not as huge?
 

Metalhead

But that's a debate for another thread.....
Nov 24, 2013
25,751
39,155
I would agree it’s not all fans that are shortsighted and you are clearly not shortsighted either. That comment was more my frustration in protests etc that I am not sure is valid really as many clubs would dream of what has happened to Spurs over my time since the 1990s..

My main point was that actually on the football side we are on the up, not only on the financials and Stadium etc….yes Levy has made errors on the football side, yes he should not be involved on deciding which players we buy (this is what I have understood happens via the ITK) yes he should absolutely be critiqued for it. However our progress on the pitch has matched the off pitch, we are not there yet but I would argue we are on an up overall. There was a wobble after Poch, but it has been somewhat fixed with Conte, FP For now…. I’d mention again, what club leadership has been as consistent as Levy? Not Arsenal, Not United, Chelsea fell off, Liverpool? Nope they were a mess, solved it with Koop but have dropped. Only City has been run well (ignoring the current news) and the fact they have endless money, they haven’t had many mistakes.

All the clubs have had flops of players. Spurs with Ndombele and Le Celso however United have many more, Liverpool had an exceptional period but some suspect ones now….

I think what most have concluded to is the main question, Is Levy the right team to take Spurs further and what I am arguing is that why is he not as of yet, because the journey is not complete, and why would be not give him the time to continue. We are investing more in the players, we are earning more and we can complete with all accept United, Chelsea and City really now….

I believe Levy should continue the process over the next 5 years and see if he is the correct one or not. Unless we are saying someone else would be better? A State run one, maybe, am I tempted and excited by that, yes……. But there is a beauty to doing it our way and I would say again we Levy hasn’t not failed yet and hasn’t shown big signs we are regressing….

I think he’s the right person, dare I say it and I would review my opinion over the next few years….. but protests of the board out seem strange to me when we’ve had massive gains over the 20 year Tenure …..
To be fair, Levy has acknowledged that there has been an issue with player recruitment. Most people would agree with him so as much as you might be tempted to brush off the Ndombele and Conte signings, the point is that we can ill afford to make mistakes because we are not on the level of those other clubs that you have mentioned so it is good that Daniel Levy has acknowledged it.
 

Joe Bjorn Hotspur

Well-Known Member
Jan 16, 2023
753
1,843
I think there needs to be far more fan engagement at least twice a year a Q&A section. An event like this could be organised with STH having the first window to apply to attend then one Hotspur + and one Hotspur members. Allocate a percentage for each category etc.

Just find it weird how this is not a thing and how instead the Premier League stories episode and latest financial statement have been released as a massive PR exercise. Totally get this, however, I would like our fans to be engaged with our chairman beforehand. I know I am being rather naive on this but this is such a no brainer to give those who invest a huge chunk of their money and time in the club an opportunity of the overview of where we are at before the media. Like an embargoed section before it goes out to print.
 
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