Tottenham Takeover Talk

[spursfan77]

i would - only because after 20 years of ENIC and one League Cup to show - the club needs “something” as we’re just drifting under the current ownership

I wonder if they feel the same hence these discussions.

Personally I’m fairly neutral on it all. If they come in it won’t stop me going to games. It might even mean a positive effect on ticket prices.

 

[mattspur1986]

Sometimes you have to dance with the devil just to get to the table, i don’t agree with it, but sometimes you have ti accept it.

 

[danielneeds]

For me - the most benefit to Spurs is probably something along the lines of:

£1B equity for 25% stake in ENIC - maybe £700M paid to Lewis/Levy, £300M used by club

£800M - 20-year stadium naming rights - £40M/year - a little over-valued, but within the realm of possibilities.

Development contract to build/manage hotel, and development of surrounding real estate.


They cannot buy a majority interest, but this is enough of a stake that they will want to see Spurs be successful, and the additional revenue should allow that to happen.

They’re not just gonna plough in 1.8bn for 25% like some naive starry-eyed fools.

 

[HotSprut]

But would you be willing to risk never winning anything in your lifetime?

Honestly, yes. (but I do understand, and share the frustation of not winning)

And I do believe that winning is achievable without taking the Quatari path!

 

[JimmyG2]

Absolutely not.
Isn't' there any 'clean' money available
in the whole wide world?
I would like to win trophies, of course
but don't want to buy them.

 

[bubble07]

Yes. For the ones saying no - what would be your reaction if these rumours were for arsenal or west ham?

 

[Spursmatty87]

I can see that you are clearly conflicted...

At one moment you ask, will money guarantee success ? Next line you include Newcastle as a team that is becoming huge & spending. Then you say, Arsenal are spending huge amounts and next paragraph say 'look at arsenal this season which shows that to compete you don't need that sort of investor'....took upto 2001 to normalise hunger levels

1. Arsenal have spent the most of all clubs in last 2 years. They are now talking with Shaktar to sign Mudryk who has played 20 odd games in Ukraine league for 50 or 60m... So ,lets not kid ourself saying Arsenal somehow not spending.
2. For last 20 years under ENIC, we have done the right way. Live within means. Every time we get to a point we can challenge more, one of the teams get bought out. First there was Chelsea, then City, now Newcastle.
3. United do not have any investor. Investor who took the club loaded the club with debt of 400m , now grown to 1bn of debt in 15yrs. Do you want this sort of investor ?
4. Liverpool is a rare example - even with them, they did spend huge money. VVD, Allison itself cost 145m together.We never spent anything like that on 2 players in 1 window.

Lets try to differentiate the 2 things. Investment requirement vs who is the investor.

We need owner investment, like it or not to be a elite club.

On the topic of investor billiaonaires, every billionaire is tainted in some way.

Even Joe Lewis made his billions from betting against British Pound & Mexico Pesos. The mexico peso crash he helped to happen in 90s meant, a decade of poverty, unemployment, hunger for millions...took upto 2001 to get poverty rates down.

Qatar or Oil countries are states which have cruel laws...but these same cruel laws like LGBT ban were also in Europe sometime in its history. Every country evolves over time to come out of these bans.

Qatar has done nearly 40bn investment in London alone already. So, its nothing new in real estate or other industry. They have already touched some aspect of London life in one way or other.

Every billionaire or state have issues , their own problems. There is no ethically pure billionaires. For me, all billionaire or state is same when it comes to ethics.

Current hiked interest rate climate, there will be no American or Chinese investor coming in for few years. So, Qatar comes in and invest their oil money , so be

I can go put money on a currency crashing right now. So a genuine question how is someone ‘betting’ on that them being responsible for a decade of poverty? Btw I agree that Lewis isn’t a good guy. But not sure how you can blame him for that.

 

[HotSprut]

Yes. For the ones saying no - what would be your reaction if these rumours were for arsenal or west ham?

That would suck, because it makes it even harder to compete, but I'll still stand by that it is wrong.

 

[joelstinton14]

No, I wouldn't welcome it. But I also realise there's nothing I can do if it happens - other than to stop going.

I thought with the stadium now generating lots of money (and not just on a match day) we'd be able to compete better financially. Maybe it's still not enough.

I'd rather we did it more organically. And despite us winning nothing major since 91, I can't say it's affected my life in any way, shape or form.

Personally, whilst there is probably still one hand on the shoulder with paying off the stadium I have felt we have invested more in the squad since we moved in the stadium.

Honestly , a majority of clubs in the premier league can spend an extortionate amount of money it’s about what you spend your money on not about how much you have. Everton 500 million on rubbish. Chelsea this season just keep spending and they’re 10th. Man Utd wasted money year after year. Us with Ndombele and Lo Celso. It just goes on. Us under Poch, Liverpool under Klopp and Arsenal this season shows what spending on the right players can achieve. If we keep bringing in the quality of players of Kulu, Romero, Bentacur, Bissouma and Richy I don’t really see a problem of how we’re currently operating. Frustrating we’re not winning anything, but we really should have in the last 10 years. Perhaps a change in owners will freshers things up but I don’t think it’s the magic bullet that everyone else thinks it is.

 

[carpediem991]

I wouldn't "welcome it", but I can't see it changing the way I support the club in any way all the same. If there was a third vote option I would say I'm Neutral.

Guess same for me. It would feel like another 25% of the soul taken out of the club, but thats how football is developping anyway in the last years. I think I would be very interested what we could do with the money but on the other hand i can imagine i would be less emotionally attached to it.

 

[arunspurs]

I can go put money on a currency crashing right now. So a genuine question how is someone ‘betting’ on that them being responsible for a decade of poverty? Btw I agree that Lewis isn’t a good guy. But not sure how you can blame him for that.

I said contributed to or helped to , not responsible for. There were underlying issues but the trigger event where people was the trading - people lost homes, interest rate going to 32% , unemployment going to double digits all thanks to trigger of huge currency trading by couple of big trades.
Dont want to digress more here. If interested look upon 'Mexican Peso crisis of 1994 and its impact'.

 

[Japhet]

But would you be willing to risk never winning anything in your lifetime?

Fans expecting to win trophies is another form of greed in my opinion. I've quite happily watched my local team who will never win a fucking thing and it's quite refreshing. Go there, watch football, come home. Simples.
Edit; Oh, and I forgot, have a laugh.

 

[carpediem991]

But would you be willing to risk never winning anything in your lifetime?

Think a bit perspective is needed here. "You" win nothing by Spurs winning titles. It would give the supporters some nice days and would kill the No trophys jokes, which would obviously be a relief. But as nice as it would be to finally get hands on our trophy I am not sure it needs to be for every price...

 

[spursfan77]

I think everyone is getting far too ahead of themselves over this, but the excitement wherever you sit, tells me it’s time we think something within the ownership needs to change.

A question though for you who are struggling with the morality of it all.

What if their £1bn investment included stipulation that £100/200 million of it would be used to help redevelop the local area, building more affordable accommodation for the local population and help try to raise up the lives of people who live in tottenham?

That would be a good thing right? For those of us who have long standing ties with the area and don’t just see it on tv or visit it for a couple of hours on a match day it would be an amazing thing for the area if gone about in the right way.

 

[For the love of Spurs]

Wasn’t ENIC’s justification that we are doing it the right way. How would it be the right way if Levy part sell to a government?

I can understand why fans would want this, a potential opportunity to have big spending which we have never done before and I mean real big spending not just matching Arsenal or West Ham for one window but hitting big big targets.

However we are then linked to that government for good and bad. The media seems to think Levy is looking at several investors not just Qatar and that is an important point. This is Levy and Lewis’s call. If they are happy to sell us to a dictatorship then that is their morals.

Playing devils advocate against myself, the whole premier league is filled with this corruption as the U.K. government has decided this level of greed and selling your soul is fine and now often the only way to win. So they bare most responsibility for the situation.

I can say I am uneasy at this, I won’t condemn any fans who want it, I get the years of frustration we have had to put up with and I get that the whole league is tarnished anyway. But it does feel like a defeat in some ways. We had to sell ourselves to make anything of ourselves.

 

[easley91]

I wouldn't "welcome it", but I can't see it changing the way I support the club in any way all the same. If there was a third vote option I would say I'm Neutral.

Was trying to find a way of explaining how I feel, and this is it. Not a fan of it and what it has done to the sport I love. But it won't change my love for Tottenham and I'll still celebrate any trophies won.

 

[the yid]

I think everyone is getting far too ahead of themselves over this, but the excitement wherever you sit, tells me it’s time we think something within the ownership needs to change.

A question though for you who are struggling with the morality of it all.

What if their £1bn investment included stipulation that £100/200 million of it would be used to help redevelop the local area, building more affordable accommodation for the local population and help try to raise up the lives of people who live in tottenham?

That would be a good thing right? For those of us who have long standing ties with the area and don’t just see it on tv or visit it for a couple of hours on a match day it would be an amazing thing for the area if gone about in the right way.

The £1bn would be to purchase a stake in the club from Enic, therefore surely the £1bn goes to Enic.

 

[E17yid]

I said no but in reality I’d be like the crack fiend on the corner lining up for my next hit.

 

[Tucker]

I think everyone is getting far too ahead of themselves over this, but the excitement wherever you sit, tells me it’s time we think something within the ownership needs to change.

A question though for you who are struggling with the morality of it all.

What if their £1bn investment included stipulation that £100/200 million of it would be used to help redevelop the local area, building more affordable accommodation for the local population and help try to raise up the lives of people who live in tottenham?

That would be a good thing right? For those of us who have long standing ties with the area and don’t just see it on tv or visit it for a couple of hours on a match day it would be an amazing thing for the area if gone about in the right way.

Wouldn’t make a difference for me frankly. That’s just more sports washing. Besides which, we’re the sixth richest country in the world and London is probably the wealthiest city. Shouldn’t a proud nation like Britain be redeveloping our own run down areas? Not leaving it to dubious foreign benefactors.

They’d still be persecuting gays and treating women as second class citizens. They’d still be working immigrants to death with their slavery practices.

The only way I’d be comfy with it is if they legalised homosexuality, and modernised the way they treated women. They’re already apparently trying to deal with the migrant worker stuff in fairness, though most reports say it’s half hearted.

 

[bubble07]

My stupid brain still work out if ENIC give 25% for 1 billion then ENIC are clearly happy. But what then happens to the club investment side? Why would QSI then pay hundreds of millions on transfers if that amount isn't matched by ENIC who own 75%

So the value of the club goes up?

If that is the case then ENIC would be idiots not to do a deal like this. Can there be assurances that QSI will pump in X amount for transfers