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Tottenham Takeover Talk

hero

Well-Known Member
May 23, 2015
747
2,380
Saw on twitter that the current plan to replace Son and Madders "to bring in 2 players in the next 18 months that earn under £100,000 maximum". The reason: "We are building a hotel and a women stadium and still need to build a gym for the NFL franchise". It seems Levy cannot borrow money for the projects. If it is true...well...
 

Pochemon94

Well-Known Member
Aug 6, 2019
2,371
6,079
Eze was less attainable after Palace had sold Olise, as it meant they'd have no appetite to budge on the first £60m of his £68m release clause being paid upfront. Also, I don't see how Eze fits LW in Ange's system - like Kulusevski, he'd be far better suited to CAM, but we already had Kulusevski & Maddison there so it wasn't a priority signing.
Not saying he’s right but Paul okeef mentioned that the eze deal only sisnt to through because we wouldn’t meet wage demands and pushed the release clause pricing to help ease the fans from getting upset over not getting him
 

carmeldevil

Well-Known Member
May 15, 2018
8,407
52,718
Saw on twitter that the current plan to replace Son and Madders "to bring in 2 players in the next 18 months that earn under £100,000 maximum". The reason: "We are building a hotel and a women stadium and still need to build a gym for the NFL franchise". It seems Levy cannot borrow money for the projects. If it is true...well...
Yeah sure
 

Tucker

Shitehawk
Jul 15, 2013
34,886
162,649
Saw on twitter that the current plan to replace Son and Madders "to bring in 2 players in the next 18 months that earn under £100,000 maximum". The reason: "We are building a hotel and a women stadium and still need to build a gym for the NFL franchise". It seems Levy cannot borrow money for the projects. If it is true...well...
Oh well if it’s on twitter it must be true.
 

Pochemon94

Well-Known Member
Aug 6, 2019
2,371
6,079
Saw on twitter that the current plan to replace Son and Madders "to bring in 2 players in the next 18 months that earn under £100,000 maximum". The reason: "We are building a hotel and a women stadium and still need to build a gym for the NFL franchise". It seems Levy cannot borrow money for the projects. If it is true...well...
Even if not true it’s pretty depressing that this is within the realm of possibilities of being true
 

JUSTINSIGNAL

Well-Known Member
Jul 10, 2008
17,110
54,272
Saw on twitter that the current plan to replace Son and Madders "to bring in 2 players in the next 18 months that earn under £100,000 maximum". The reason: "We are building a hotel and a women stadium and still need to build a gym for the NFL franchise". It seems Levy cannot borrow money for the projects. If it is true...well...

Must be true then :LOL:
 

rossdapep

Well-Known Member
Aug 25, 2011
24,969
93,767
When up against the likes of Chelsea and teams like that we are heavily relying on the player not being motivated by trophies and wages (Bergaval).

Which means we need upcoming talent that isn't considered 'elite' potential (Gray, Odobert) or players under that top tier or two bracket (Porro, Kulusevski).

We've got lucky that rival clubs probably couldn't sign these players due to the amount they've already signed in these positions or were restricted to spend more (Van de ven and Liverpool, Romero and Barcelona).

That's why a higher salary will convince those higher calibre or we'll sought after players, because we can't point to success and trophies.
 

allatsea

Well-Known Member
Aug 31, 2012
10,069
18,281
Saw on twitter that the current plan to replace Son and Madders "to bring in 2 players in the next 18 months that earn under £100,000 maximum". The reason: "We are building a hotel and a women stadium and still need to build a gym for the NFL franchise". It seems Levy cannot borrow money for the projects. If it is true...well...
On Twitter you say lol
 

SirHarryHotspur

Well-Known Member
Aug 9, 2017
6,291
9,725
Think of it like any other business, we are mainly profitable and it's largely because of our wages. By keeping them low as a % of turnover it shows any potential buyer than you can "compete" with such a low level of wages compared to others. (Obviously put in compete in inverted commas for a reason). Wages are the biggest expense for football clubs so the most important aspect to focus on.
Chelsea were mentioned and look what their owners have had to pump in because of their spending, our model is completely different where we are completely self sufficient.
It also helps any potential sport washer as it shows them that there is a potential for a big outlay on players and still be within FFP percentages.
True but football clubs are not like any other business and I don't get this "rumour" that Levy is purposely reducing the wage bill to make Spurs a more attractive buy.
I know all at lower cost but a whole load of clubs have had minority investment or buyouts without any of this "lowering the wage bill stuff", e.g. Man U WHU, Wolves, Villa, AC & Inter Milan etc.
Even shifting a few high earners off the wage bill is unlikely to impact the revenue/wage ratio, the 2024 accounts will most likely show a drop in revenue with no europe and no domestic cup run last season.
The 2023 accounts included £50 million in CL prize money , that's the equivalent of five players on approx £200,000 a week, that will be missing from the next accounts, we might even drop behind Arsenal in the Delloite money league as they would have earned more than that by reaching the CL quarters, then we won't be London's "richest" club anymore.
 
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Teegart

Scottish Yid
Jun 30, 2006
1,158
3,404
The source of that twitter rumour above is horrific, I saw it myself yesterday, so we can ignore.

However, the overriding sentiment of it is surely something everyone here has thought and worried about already? Literally the worst case option where Levy has no intention of going anywhere and the only reason they are looking for minority investment is to pay for the non football side of the men’s team like women’s stadium, new hotel project etc.

It was the first thing that I thought of as soon as I saw the investment rumours.
 

HildoSpur

Likes Erik Lamela, deal with it.
Oct 1, 2005
11,187
37,032
When up against the likes of Chelsea and teams like that we are heavily relying on the player not being motivated by trophies and wages (Bergaval).

Which means we need upcoming talent that isn't considered 'elite' potential (Gray, Odobert) or players under that top tier or two bracket (Porro, Kulusevski).

We've got lucky that rival clubs probably couldn't sign these players due to the amount they've already signed in these positions or were restricted to spend more (Van de ven and Liverpool, Romero and Barcelona).

That's why a higher salary will convince those higher calibre or we'll sought after players, because we can't point to success and trophies.
Gray, at least, is considered elite potential. He's been on every clubs radar on years.
 

Trix

Well-Known Member
Jul 29, 2004
22,640
372,954
The source of that twitter rumour above is horrific, I saw it myself yesterday, so we can ignore.

However, the overriding sentiment of it is surely something everyone here has thought and worried about already? Literally the worst case option where Levy has no intention of going anywhere and the only reason they are looking for minority investment is to pay for the non football side of the men’s team like women’s stadium, new hotel project etc.

It was the first thing that I thought of as soon as I saw the investment rumours.
To be honest I don't see any feasible end game other than selling. If Levy had full control then I might be inclined to agree, but the fact is he's only a minority stakeholder in Enic and the decision at the end of the day won't be his. Will be interesting to see what happens when JL eventually moves on, because I think his closeness to, and trust in Daniel is pivotal in all of this. I know the club is now run by a trust but you can bet your absolute last penny JL is still very much the final say on everything.
 
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spursfan77

Well-Known Member
Aug 13, 2005
48,066
109,785
At the end of the day we’re either unable or unwilling to go beyond where we are.

Levy , the club and those that believe in him can offer as many reasons as they want but the fact is we don’t do what’s needed to really compete.

If you’re happy challenging for fourth whilst we build nice property and announce lots of nice deals with corporate brands then Levy is your man but I don’t think he has any interest in putting the club any higher than that if it means it costs the club money. We have hit our ceiling.

Meanwhile he is building up their investment ready for when he eventually gets the offer he wants but I suspect that offer would have to probably make him personally a billionaire and it’s totally unrealistic. Unless of course it includes hotels and property. Paid for of course with the clubs money.

We’re in purgatory as he is going nowhere and we don’t have a fan base that would make his life hell over such a complicated issue. It isn’t just that he is awful because as I said he wants fourth which is no easy achievement, but when you look beyond the surface he is not a good owner in so many way but because he is so smart off the pitch I can see why people like him.

I hate what he has done to this club but h also hate what modern football is.

The thing is from his perspective, he is 62. Would you want to be a billionaire at 63 or 73?

Surely there is a point where you’d prefer to enjoy that money sooner than later. I know I’d rather have a yacht and private plane now rather than in ten years time and I’m 20 year younger than him!
 

spursfan77

Well-Known Member
Aug 13, 2005
48,066
109,785
To be honest I don't see any other end game other than selling. If Levy had full control then I might be inclined to agree, but the fact is he's only a minority stakeholder in Enic and the decision at the end of the day won't be his. Will be interesting to see what happens when JL eventually moves on, because I think his closeness to, and trust in Daniel is pivotal in all of this. I know the club is now run by a trust but you can bet your absolute last penny JL is still very much the final say on everything.

I agree. It is also worth remembering the ownership structure of Levy’s role in ENIC.

Daniel Levy and certain members of his family are potential beneficiaries of discretionary trusts which ultimately owns 29.41% of the share capital of ENIC

All while Lewis has control (or not) via his trustees Levy is safe in his job. But once he dies and his estate is settled it really is uncertain. Although I’m sure it will be stipulated that Levy stays in his position. Something might happen then, it might not. We really are in the dark. I’m constantly surprised the spurs journos don’t write more about it and question it.
 

TOLBINY

Well-Known Member
Feb 4, 2019
1,543
3,438
Oh come on mate, you're not that gullible.
If anyone's making stuff up to suit an agenda, it's probably you here because it's either that, or you're incredibly naive.
If he did say that but did not mean it, then that is on him. He can just say "we'll wait and see mate" which covers all eventualities.
 

JUSTINSIGNAL

Well-Known Member
Jul 10, 2008
17,110
54,272
The source of that twitter rumour above is horrific, I saw it myself yesterday, so we can ignore.

However, the overriding sentiment of it is surely something everyone here has thought and worried about already? Literally the worst case option where Levy has no intention of going anywhere and the only reason they are looking for minority investment is to pay for the non football side of the men’s team like women’s stadium, new hotel project etc.

It was the first thing that I thought of as soon as I saw the investment rumours.

I mean Levy said himself that they were looking for minority investment for 'capital projects' so it really shouldn't be a shock to anyone that is what they are doing :LOL:
 
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