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Tottenham Takeover Talk

McFlash

Without doubt the dumbest & most clueless member.
Oct 19, 2005
15,585
59,628
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.
Maybe but this has all been covered in depth recently in the Ange thread, so it's not worth rehashing in here as it's already veered wildly off course.
 

Trix

Well-Known Member
Jul 29, 2004
22,714
373,794
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!
I don't think you are understanding what drives the uber rich entrepreneur business man. It's not to be rich and enjoy it, it's very much an obsession to always make more and more and more.
 
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mil1lion

This is the place to be
May 7, 2004
46,260
93,178
I think people are over thinking things to be honest. The wages got lower because we signed players from teams like Leeds , Burnely, Bournemouth and some Swedish and K League clubs. It's not like we need to offer way above what they got before to convince to join. It's obviously part of the strategy to get young players before they break through. That just brings the wages down but could jump up in future. It definitely will help potential buyers though with psr rules to be able to come in and spend big wages on new signings. It also feels like there's been too much talk for too long for nothing to happen. It's just a long process.
 

Jaddas

Well-Known Member
Aug 15, 2008
676
4,835
Regarding the hotel, I've mentioned before that the company I work for is tendering for some of the works.

The company we are tendering to, have told me that a builder has been appointed and they are on stage 4 of the process, which he said means that they are in the final stages. The builder has narrowed it down to 2 contractors and they hope to start the works in Q1 2025.

I don't know if this has any impact on takeover etc, but wouldn't surprise me if Levy has secured (or is close to), the outside investment he was looking for. Especially, as I know the hotel build tender process started in May 2024 but then had to be put on hold, and I think it was only the month before when he said the following in the club accounts:

"To capitalise on our long-term potential, to continue to invest in the teams and undertake future capital projects, the club requires a significant increase in its equity base."

Lets not been around the bush, the investment he is looking for is the bolded part only.

Thought I'd just share for those interested, as seen the hotel mentioned in this thread recently.

P.S. the hotel and residential tower is going to be expensive. I've seen the plans and the equipment they want installed. Unsurprisingly, Levy won't go cheap with this, as it's capital investment which he is happy to spend, even overspend on, unlike the football side of things e.g. players, wages where we are always short.
 

brasil_spur

SC Supporter
Aug 25, 2006
13,408
18,945
Regarding the hotel, I've mentioned before that the company I work for is tendering for some of the works.

The company we are tendering to, have told me that a builder has been appointed and they are on stage 4 of the process, which he said means that they are in the final stages. The builder has narrowed it down to 2 contractors and they hope to start the works in Q1 2025.

I don't know if this has any impact on takeover etc, but wouldn't surprise me if Levy has secured (or is close to), the outside investment he was looking for. Especially, as I know the hotel build tender process started in May 2024 but then had to be put on hold, and I think it was only the month before when he said the following in the club accounts:

"To capitalise on our long-term potential, to continue to invest in the teams and undertake future capital projects, the club requires a significant increase in its equity base."

Lets not been around the bush, the investment he is looking for is the bolded part only.

Thought I'd just share for those interested, as seen the hotel mentioned in this thread recently.

P.S. the hotel and residential tower is going to be expensive. I've seen the plans and the equipment they want installed. Unsurprisingly, Levy won't go cheap with this, as it's capital investment which he is happy to spend, even overspend on, unlike the football side of things e.g. players, wages where we are always short.
So yes, I agree that the primary purpose of the investment is to pay for the hotel, the new events arena and other income generating infrastructure projects. It's also far more sensible and prudent to look for investment for building fixed assets than for acquiring players.

However, he's not wrong to state that it also allows them to continue to invest in the teams, because if they don't secure additional investment for these projects then they will have to use club money that otherwise would have been used on the playing side.

The model is pretty simple now really:

Grow revenues through new sponsorships & new revenue generating infrastructure projects. These new revenue streams will allow us to spend more money across the whole club.
Fund new revenue generating infrastructure projects via external investment into the club. This will ensure that we can use our new revenue streams above to focus on the playing side of the business by spending more on transfer fees and wages, whilst the incoming investment is used to fund more infrastructure projects that generate even more revenue for us.

Basically it's a sustainable model for continuing to compete at the top.

I would expect however that until infrastructure project investment funding is secured and in the bank, so to speak, we won't be able to fully commit to diverting a larger amount of our revenues to players transfers and wages.
 

mil1lion

This is the place to be
May 7, 2004
46,260
93,178
I'm sure the investment is intended to allow to keep spending on the team while doing the other stuff too. The big issue really is that I believe that's more in terms of spending on the team as they have over the years. That will just keep us competing for Europe year on year. What we really want is to spend more on the first team so that's the concern really. I'm not sure what the best plan is, ideally an investor to come in to make the team compete so Enic can move away from that side of the business and focus more on their capital investments. I'm not sure if that sort of model would work but for sure if Enic did sell the club they're going to still own a lot of property around the club including the new hotel. I'm not even sure if it would be possible they part own the stadium in that scenario.

At the end of the day Enic is great at property development and keeping the club self financed. They're just not going to care about making the club the best it can be on the pitch.
 

MR_BEN

Well-Known Member
Aug 5, 2005
3,436
2,171
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!

The guy is already worth hundreds of millions.

Cashing out on his Spurs investment most likely isn’t going to change his life hugely, other than the paper ‘worth’ has now been materialised into cash.

DL doesn’t seem like the type for yachts and private planes. It’s not quite like your everyday person winning the lottery.

And if DL was smart - which I have no doubts about, he will promptly reinvest the majority of that elsewhere, as that amount of cash is not a smart asset to hold.
 

YB123

YB123
Aug 27, 2006
6,489
23,153
I'd actually keep Levy at the club in some capacity, maybe non-executive and looking after the projects outside the football. Ideally he would be allowed 0 say in all footballing matters.
 

MR_BEN

Well-Known Member
Aug 5, 2005
3,436
2,171
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.
Agree with this.

The notion that he would be reducing the wage bill to make the club more attractive to investors is laughable.

Any investors would see through this in a flash, and as part of their forecasts would normalise or adjust upwards items such as this.
 

Archibald&Crooks

Aegina Expat
Admin
Feb 1, 2005
56,987
220,053
I'd actually keep Levy at the club in some capacity, maybe non-executive and looking after the projects outside the football. Ideally he would be allowed 0 say in all footballing matters.
Fuck that. He'd be like an eggy fart in a hot room that you can't get rid of. Any break should be a clean and total one. And we should be done with projects outside of football anyway (other than what's already been committed to). Time the football was all this club is about.

All IMO of course.
 

YB123

YB123
Aug 27, 2006
6,489
23,153
Fuck that. He'd be like an eggy fart in a hot room that you can't get rid of. Any break should be a clean and total one. And we should be done with projects outside of football anyway (other than what's already been committed to). Time the football was all this club is about.

All IMO of course.

I cant argue with any of that actually.
 

Wheeler Dealer

Well-Known Member
Jul 29, 2011
7,707
14,486
Isn't our wage to turnover revenue the lowest in the league? What's the point of such high turnover if it's not to spend it on wages for better players??

And there was talk Levy wants to reduce this further. It's like he jerks off to the numbers
All clubs are looking to reduce wages as most can’t sustain this at their
The guy is already worth hundreds of millions.

Cashing out on his Spurs investment most likely isn’t going to change his life hugely, other than the paper ‘worth’ has now been materialised into cash.

DL doesn’t seem like the type for yachts and private planes. It’s not quite like your everyday person winning the lottery.

And if DL was smart - which I have no doubts about, he will promptly reinvest the majority of that elsewhere, as that amount of cash is not a smart asset to hold.
I wouldn’t be surprised if he sold and made his fortune, that he may look to buy another club and start the process all over again. I doubt this would be a PL club, but there are plenty of clubs in the EFL with potential to grow..
 

djhotspur

Well-Known Member
Aug 31, 2021
7,619
17,643
The guy is already worth hundreds of millions.

Cashing out on his Spurs investment most likely isn’t going to change his life hugely, other than the paper ‘worth’ has now been materialised into cash.

DL doesn’t seem like the type for yachts and private planes. It’s not quite like your everyday person winning the lottery.

And if DL was smart - which I have no doubts about, he will promptly reinvest the majority of that elsewhere, as that amount of cash is not a smart asset to hold.
He has a very big yacht that was in devon recently
 

greaves

Well-Known Member
Dec 6, 2006
7,215
11,470
I'd actually keep Levy at the club in some capacity, maybe non-executive and looking after the projects outside the football. Ideally he would be allowed 0 say in all footballing matters.
Maybe he could stay on as a drinks waiter (serving shorts😏).
 

Misfit

President of The Niles Crane Fanclub
May 7, 2006
22,662
40,489
Fuck that. He'd be like an eggy fart in a hot room that you can't get rid of. Any break should be a clean and total one. And we should be done with projects outside of football anyway (other than what's already been committed to). Time the football was all this club is about.

All IMO of course.
We'll look back at this one day and wryly observe "there used to be a property and investment fund over there."
 

SirHarryHotspur

Well-Known Member
Aug 9, 2017
6,291
9,725
If and when a takeover ever comes perhaps they would like an on site hotel , we are lagging....

Several football clubs have their own hotels, including:
  • Blackpool FC Hotel
    A 4-star hotel located in the Bloomfield Road Stadium, home to Blackpool Football Club. The hotel offers a variety of rooms, including some with views of the pitch.


  • Millennium and Copthorne Hotels
    Two 4-star hotels located at Stamford Bridge, home to Chelsea Football Club. Chelsea members receive a 10% discount on rates, and the hotels' restaurants and bars are available to home fans on matchdays.


  • Tynecastle Park Hotel
    The first in-stadium hotel in the UK, located at the home of Heart of Midlothian Football Club. The hotel is owned and managed by the club, and offers matchday experiences and hospitality.
 

mil1lion

This is the place to be
May 7, 2004
46,260
93,178
If and when a takeover ever comes perhaps they would like an on site hotel , we are lagging....

Several football clubs have their own hotels, including:
  • Blackpool FC Hotel
    A 4-star hotel located in the Bloomfield Road Stadium, home to Blackpool Football Club. The hotel offers a variety of rooms, including some with views of the pitch.


  • Millennium and Copthorne Hotels
    Two 4-star hotels located at Stamford Bridge, home to Chelsea Football Club. Chelsea members receive a 10% discount on rates, and the hotels' restaurants and bars are available to home fans on matchdays.


  • Tynecastle Park Hotel
    The first in-stadium hotel in the UK, located at the home of Heart of Midlothian Football Club. The hotel is owned and managed by the club, and offers matchday experiences and hospitality.
None of them have our pillows though
 

Westmorlandspur

Well-Known Member
Feb 1, 2013
4,020
6,583
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
Thought it was because they wanted most of it upfront
 
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