Not to pick a hole in your argument Sandy but you’re telling us all to be happy with the way things are, yet you were the one screaming for Poch’s head. Doesn’t make sense. He’s responsible for the highest set of finishes we’ve ever had and you wanted him out yet you have the audacity to call us ungrateful and impatient? Jeez!!! Come on!!!
comment by fridgeboy (U1053)
posted 51 seconds ago
Not to pick a hole in your argument Sandy but you’re telling us all to be happy with the way things are, yet you were the one screaming for Poch’s head. Doesn’t make sense. He’s responsible for the highest set of finishes we’ve ever had and you wanted him out yet you have the audacity to call us ungrateful and impatient? Jeez!!! Come on!!!
----------------------------------------------------------------------
That's just Sandy being the WUM he is!
comment by JustCallMeTed (U21528)
posted 1 hour, 15 minutes ago
comment by RespectYourAldersSon (U22365)
posted 10 minutes ago
comment by JustCallMeTed (U21528)
posted 11 minutes ago
comment by Sat Nav (U18243)
posted 59 minutes ago
If I may ask you spurs fans a question: your owner (structure aside) is worth billions right? Now I get that he’s not an oil sheikh type and that from a business perspective Levy’s player profit net spend is unreal.
But it’s always surprise me since I found out about your owners net worth how little you spend and haven’t ever gone all out at the right time to really get you over the line.
Is it just tight business focused on p&l over anything else?
----------------------------------------------------------------------
Joe Lewis, despite his billions net worth, his yacht, and his tax haven home, is on record as saying he will not invest his own money in the club.
He wants it run as a profit making business.
Which his mouthpiece Daniel Levy is doing.
If you look at Lewis' history, it gives you a glimpse into the sort of character he is. Born poor above an east end ice cream parlor. Made good a few million in that kind of business, and moved out of England to avoid taxes. Then made a killing in the UK currency fluctuations in early part of this century. When the money in your pocket went down in value, the money in Lewis' pocket went up! You were essentially putting money in Lewis' pocket, didn't you know?
But once a tight wad, always a tight wad.
Lewis is well into his eighties now, and my prediction is that nothing much will happen with Spurs until he kicks the bucket.
----------------------------------------------------------------------
Depends how you view the model of running as a business.
With the amount of Enic out shouted on here, injecting the extra cash 'might' have bought success, but given our recent failures in any final its not a given. Had Lewis invested his cash Abramovich style, then surely any sale would depend on his getting his money back from the club?
This would either inflate the club above its worth and make a sale impossible, or make a sale possible but reduce the amount new owners could spend on transfers as they'd overpaid for the club.
The model itself isn't the problem, we just need to buy well this window, and start getting fans back and revenue streams open to utilise the benefit of the stadium.
----------------------------------------------------------------------
A club, like any other commodity, is worth what someone is willing to pay for it. Nothing more, nothing less. And what new owners will spend on the squad depends upon why they bought the club. In Ambramovitch's case, I suspect it was about money laundering. And ambition to own a winning club.
We must hope that when ENIC is finally out, the new owners have such ambition.
----------------------------------------------------------------------
Which leads itself to the argument that the current owners have the same ambition, but needed the revenue stream I place to enact it no?
comment by RespectYourAldersSon (U22365)
posted 52 minutes ago
comment by JustCallMeTed (U21528)
posted 1 hour, 15 minutes ago
comment by RespectYourAldersSon (U22365)
posted 10 minutes ago
comment by JustCallMeTed (U21528)
posted 11 minutes ago
comment by Sat Nav (U18243)
posted 59 minutes ago
If I may ask you spurs fans a question: your owner (structure aside) is worth billions right? Now I get that he’s not an oil sheikh type and that from a business perspective Levy’s player profit net spend is unreal.
But it’s always surprise me since I found out about your owners net worth how little you spend and haven’t ever gone all out at the right time to really get you over the line.
Is it just tight business focused on p&l over anything else?
----------------------------------------------------------------------
Joe Lewis, despite his billions net worth, his yacht, and his tax haven home, is on record as saying he will not invest his own money in the club.
He wants it run as a profit making business.
Which his mouthpiece Daniel Levy is doing.
If you look at Lewis' history, it gives you a glimpse into the sort of character he is. Born poor above an east end ice cream parlor. Made good a few million in that kind of business, and moved out of England to avoid taxes. Then made a killing in the UK currency fluctuations in early part of this century. When the money in your pocket went down in value, the money in Lewis' pocket went up! You were essentially putting money in Lewis' pocket, didn't you know?
But once a tight wad, always a tight wad.
Lewis is well into his eighties now, and my prediction is that nothing much will happen with Spurs until he kicks the bucket.
----------------------------------------------------------------------
Depends how you view the model of running as a business.
With the amount of Enic out shouted on here, injecting the extra cash 'might' have bought success, but given our recent failures in any final its not a given. Had Lewis invested his cash Abramovich style, then surely any sale would depend on his getting his money back from the club?
This would either inflate the club above its worth and make a sale impossible, or make a sale possible but reduce the amount new owners could spend on transfers as they'd overpaid for the club.
The model itself isn't the problem, we just need to buy well this window, and start getting fans back and revenue streams open to utilise the benefit of the stadium.
----------------------------------------------------------------------
A club, like any other commodity, is worth what someone is willing to pay for it. Nothing more, nothing less. And what new owners will spend on the squad depends upon why they bought the club. In Ambramovitch's case, I suspect it was about money laundering. And ambition to own a winning club.
We must hope that when ENIC is finally out, the new owners have such ambition.
----------------------------------------------------------------------
Which leads itself to the argument that the current owners have the same ambition, but needed the revenue stream I place to enact it no?
----------------------------------------------------------------------
NO! ENIC places positive income above ambition to win trophies.
When they had a positive income stream they did way too little to upgrade the squad and support managers.
Furthermore they've got it all wrong about how winning helps attract good players who have multiple options of where they play. Nuno has already been turned down by at least one player he wanted in.
It really would take Lewis to put a few hundred million into the squad to build a team that can compete with the top clubs in the Prem. THAT is the current situation.
My guess is that Nuno is doomed before he starts. And nothing would make me happier than to be wrong.
comment by fridgeboy (U1053)
posted 8 hours, 58 minutes ago
Not to pick a hole in your argument Sandy but you’re telling us all to be happy with the way things are, yet you were the one screaming for Poch’s head. Doesn’t make sense. He’s responsible for the highest set of finishes we’ve ever had and you wanted him out yet you have the audacity to call us ungrateful and impatient? Jeez!!! Come on!!!
----------------------------------------------------------------------
Not correct though is it. I had a couple of weeks saying results were poor, and the manager needed changing. Lots on here here have been running the club down for the best part of two seasons. Big, big difference.
Once the managerial change was made, I was fully behind the new manager, as I will be behind the even newer manager.
I have always backed the club. Some on here are not even doing that.
comment by sandy, golden boot winner fa cup 1901 (U20567)
posted 1 second ago
comment by fridgeboy (U1053)
posted 8 hours, 58 minutes ago
Not to pick a hole in your argument Sandy but you’re telling us all to be happy with the way things are, yet you were the one screaming for Poch’s head. Doesn’t make sense. He’s responsible for the highest set of finishes we’ve ever had and you wanted him out yet you have the audacity to call us ungrateful and impatient? Jeez!!! Come on!!!
----------------------------------------------------------------------
Not correct though is it. I had a couple of weeks saying results were poor, and the manager needed changing. Lots on here here have been running the club down for the best part of two seasons. Big, big difference.
Once the managerial change was made, I was fully behind the new manager, as I will be behind the even newer manager.
I have always backed the club. Some on here are not even doing that.
----------------------------------------------------------------------
Also Poch is not responsible for Spurs highest ever finishes, Billy Nicholson holds the record with a 3rd, 1st, 2nd, 3rd etc in successive seasons. Learn your history son.
When United and Chelsea were in disarray, Arsenal declining and Liverpool not as strong as they are now, Spurs didn't invest in the side. That allowed the others (other than Arsenal) to get their houses in order, invest, and they've now all back to where they were. To fans of these sides, Levy is a godsend. He will never push on when others would give that little more push to go for the title. You could have solidify a top 4 position. Instead you've allowed a Chelsea team that had a transfer ban, a United team in chaos and Leicester to over take you (and that last one won a title when it was the best time for anyone other than any of the winners for the past 15 years to do so).
Levy and Lewis are happy to make money and no drive to push the team on.
comment by CurrentlyStuckIntheUK (U11181)
posted 18 minutes ago
When United and Chelsea were in disarray, Arsenal declining and Liverpool not as strong as they are now, Spurs didn't invest in the side. That allowed the others (other than Arsenal) to get their houses in order, invest, and they've now all back to where they were. To fans of these sides, Levy is a godsend. He will never push on when others would give that little more push to go for the title. You could have solidify a top 4 position. Instead you've allowed a Chelsea team that had a transfer ban, a United team in chaos and Leicester to over take you (and that last one won a title when it was the best time for anyone other than any of the winners for the past 15 years to do so).
Levy and Lewis are happy to make money and no drive to push the team on.
----------------------------------------------------------------------
Exactly my point
comment by CurrentlyStuckIntheUK (U11181)
posted 1 hour, 39 minutes ago
When United and Chelsea were in disarray, Arsenal declining and Liverpool not as strong as they are now, Spurs didn't invest in the side. That allowed the others (other than Arsenal) to get their houses in order, invest, and they've now all back to where they were. To fans of these sides, Levy is a godsend. He will never push on when others would give that little more push to go for the title. You could have solidify a top 4 position. Instead you've allowed a Chelsea team that had a transfer ban, a United team in chaos and Leicester to over take you (and that last one won a title when it was the best time for anyone other than any of the winners for the past 15 years to do so).
Levy and Lewis are happy to make money and no drive to push the team on.
----------------------------------------------------------------------
This is true. Levy as a Chairman gets a B- His financial management of off field issues is an A but his ability to capitalise on opportunities on field is a C.
He didn't realise that the next coach after Poch left should have been properly analysed. Instead he went for Jose. This set us back 3 to 4 years
comment by Ioavirgo (U10470)
posted 0 seconds ago
comment by CurrentlyStuckIntheUK (U11181)
posted 1 hour, 39 minutes ago
When United and Chelsea were in disarray, Arsenal declining and Liverpool not as strong as they are now, Spurs didn't invest in the side. That allowed the others (other than Arsenal) to get their houses in order, invest, and they've now all back to where they were. To fans of these sides, Levy is a godsend. He will never push on when others would give that little more push to go for the title. You could have solidify a top 4 position. Instead you've allowed a Chelsea team that had a transfer ban, a United team in chaos and Leicester to over take you (and that last one won a title when it was the best time for anyone other than any of the winners for the past 15 years to do so).
Levy and Lewis are happy to make money and no drive to push the team on.
----------------------------------------------------------------------
This is true. Levy as a Chairman gets a B- His financial management of off field issues is an A but his ability to capitalise on opportunities on field is a C.
He didn't realise that the next coach after Poch left should have been properly analysed. Instead he went for Jose. This set us back 3 to 4 years
----------------------------------------------------------------------
In a way fans are to blame for Jose's appointment also. MANY said they wanted silverware at all costs. So arguably the great Jose was what he thought fans and the club needed. A manager that could bring silverware. Jose's tenure has now shown that Silverware approach does not work without deep oil money pockets.
Instead we should really be more like Leicester with smart recruitment and dressing room unity and hardwork.
comment by Ioavirgo (U10470)
posted 6 minutes ago
comment by Ioavirgo (U10470)
posted 0 seconds ago
comment by CurrentlyStuckIntheUK (U11181)
posted 1 hour, 39 minutes ago
When United and Chelsea were in disarray, Arsenal declining and Liverpool not as strong as they are now, Spurs didn't invest in the side. That allowed the others (other than Arsenal) to get their houses in order, invest, and they've now all back to where they were. To fans of these sides, Levy is a godsend. He will never push on when others would give that little more push to go for the title. You could have solidify a top 4 position. Instead you've allowed a Chelsea team that had a transfer ban, a United team in chaos and Leicester to over take you (and that last one won a title when it was the best time for anyone other than any of the winners for the past 15 years to do so).
Levy and Lewis are happy to make money and no drive to push the team on.
----------------------------------------------------------------------
This is true. Levy as a Chairman gets a B- His financial management of off field issues is an A but his ability to capitalise on opportunities on field is a C.
He didn't realise that the next coach after Poch left should have been properly analysed. Instead he went for Jose. This set us back 3 to 4 years
----------------------------------------------------------------------
In a way fans are to blame for Jose's appointment also. MANY said they wanted silverware at all costs. So arguably the great Jose was what he thought fans and the club needed. A manager that could bring silverware. Jose's tenure has now shown that Silverware approach does not work without deep oil money pockets.
Instead we should really be more like Leicester with smart recruitment and dressing room unity and hardwork.
----------------------------------------------------------------------
To be honest Levy sacked Jose before he could win any silverware to save himself some money, hence why Levy gives a s** only about balancing the books rather than winning trophies. Jose Mourinho should of been sacked months before, not 1 week before a cup final and shove a school boy in charge. Atrocious decision making by the bald one again.
Levy loves the happy clappers.
I read the last time spurs won a title was closer to victoriana times than the present. Seeing the money and profit spurs have made under Levy, for its billionaire owners, makes u realise he is great at running a business. Not so great at running a successful sports team. Spurs won't ever be great with ENIC. If they got within touching distance and didn't spend money they already had, then I just can't see it happening. They knowwhat they need(ed) to do bit just dont want it enough.
comment by FootyMcfootfoot (U21853)
posted 6 minutes ago
I read the last time spurs won a title was closer to victoriana times than the present. Seeing the money and profit spurs have made under Levy, for its billionaire owners, makes u realise he is great at running a business. Not so great at running a successful sports team. Spurs won't ever be great with ENIC. If they got within touching distance and didn't spend money they already had, then I just can't see it happening. They knowwhat they need(ed) to do bit just dont want it enough.
----------------------------------------------------------------------
What would somebody who supports Crawley know about winning titles. Stick to park football fella.
comment by sandy, golden boot winner fa cup 1901 (U20567)
posted 3 minutes ago
comment by FootyMcfootfoot (U21853)
posted 6 minutes ago
I read the last time spurs won a title was closer to victoriana times than the present. Seeing the money and profit spurs have made under Levy, for its billionaire owners, makes u realise he is great at running a business. Not so great at running a successful sports team. Spurs won't ever be great with ENIC. If they got within touching distance and didn't spend money they already had, then I just can't see it happening. They knowwhat they need(ed) to do bit just dont want it enough.
----------------------------------------------------------------------
What would somebody who supports Crawley know about winning titles. Stick to park football fella.
----------------------------------------------------------------------
to be fair Sandy is right, you are no Spurs fan dude.
comment by Don_tottenham (U3372)
posted 50 minutes ago
comment by sandy, golden boot winner fa cup 1901 (U20567)
posted 3 minutes ago
comment by FootyMcfootfoot (U21853)
posted 6 minutes ago
I read the last time spurs won a title was closer to victoriana times than the present. Seeing the money and profit spurs have made under Levy, for its billionaire owners, makes u realise he is great at running a business. Not so great at running a successful sports team. Spurs won't ever be great with ENIC. If they got within touching distance and didn't spend money they already had, then I just can't see it happening. They knowwhat they need(ed) to do bit just dont want it enough.
----------------------------------------------------------------------
What would somebody who supports Crawley know about winning titles. Stick to park football fella.
----------------------------------------------------------------------
to be fair Sandy is right, you are no Spurs fan dude.
----------------------------------------------------------------------
Crawley won a title in 2011 as well but I'm assuming strawman sandy thinks football doesn't exist out the PL 😅
The fact Crawley actually out spent spurs in several transfer windows under potch kinda makes my point😅
Also didn't spurs win 2 cups in the dozen before levy and one since he was there, or am I forgetting others?
If so it seems only thing spurs have done since ENIC is increase in value and make bigger profits 🤔
Our improvement in the last dozen years IS the point.
Levy had what was very near to a title winning team and a very good manager in Poch by the end of 2016/17, but then made a very specific decision not to push it that final step. All because of money and a total lack of understanding as to what the fans want.
He decided to stop moving the squad forward, becoming the only PL club not to buy a single new player in 2018, and basically sat back and let that potential title winning team stagnate and inevitably go backwards.
That is on Levy / Lewis and nobody else.
We all know what quality Spurs had in the previous dozen years, and accepted that improvement takes time. But by the mid 2000's we HAD improved, so then had a lot more to lose through either complacency, lack of football knowledge, a stubborn attitude towards spending what everybody in football knows you have to do, just to keep pace with others.
You see example of this a regular basis. Take Liverpool. A title winning team / CL winners two years ago. They have sat back and not moved their squad forward. Like Spurs the current team has stagnated, and has now gone backwards. Frankly, you will never see City do that.
Whilst Billionaires such as Joe Lewis can go through life doing what they please, and, in his case, only looks at the bottom line of a business, which is what he sees Spurs as. A fact that me, you and every other Spurs fan will just have to accept until he and Enic have had enough.
Frankly, unless Levy ( and Lewis ) have a complete change of heart as to how Spurs need to be run and actually understand that success on he playing field generates more profit, we will almost certainly take another dozen years to get back to where we were in 2016/17.
There are only two things that will lead to ENIC trying to sell out of Tottenham Hotspur FC.
1. THFC stops generating positive cash flow and becomes a financial sink hole. This could happen due to the mortgage on the stadium and if fan attendance revenues do not return to pre pandemic levels.
2. Joe Lewis dies. This could also happen fairly soon since he is well into his 80's.
You may have to wait a few years for the club to have new ownership, but it will happen.
Meanwhile the club will probably go downhill with Harry Kane leaving, and ENIC not investing in the squad. Coming season will be "interesting".
I suspect they were praying for the ESL to go through as being transformational to the business?
We have the same situation at Celtic with 'billionaire' Dermot Desmond but he needs a Euro league or EPL entry to transform it to a higher level of income and is not prepared to fund what would be needed for automatic entry to the ECL every year which, with a couple of missed years, becomes an unsustainable burden.
comment by Silver (U6112)
posted 1 hour, 49 minutes ago
I suspect they were praying for the ESL to go through as being transformational to the business?
We have the same situation at Celtic with 'billionaire' Dermot Desmond but he needs a Euro league or EPL entry to transform it to a higher level of income and is not prepared to fund what would be needed for automatic entry to the ECL every year which, with a couple of missed years, becomes an unsustainable burden.
----------------------------------------------------------------------
ESL was undoubtedly part of ENIC's plans.
And season ticket fans be damned!
comment by FootyMcfootfoot (U21853)
posted 17 hours, 30 minutes ago
comment by Don_tottenham (U3372)
posted 50 minutes ago
comment by sandy, golden boot winner fa cup 1901 (U20567)
posted 3 minutes ago
comment by FootyMcfootfoot (U21853)
posted 6 minutes ago
I read the last time spurs won a title was closer to victoriana times than the present. Seeing the money and profit spurs have made under Levy, for its billionaire owners, makes u realise he is great at running a business. Not so great at running a successful sports team. Spurs won't ever be great with ENIC. If they got within touching distance and didn't spend money they already had, then I just can't see it happening. They knowwhat they need(ed) to do bit just dont want it enough.
----------------------------------------------------------------------
What would somebody who supports Crawley know about winning titles. Stick to park football fella.
----------------------------------------------------------------------
to be fair Sandy is right, you are no Spurs fan dude.
----------------------------------------------------------------------
Crawley won a title in 2011 as well but I'm assuming strawman sandy thinks football doesn't exist out the PL 😅
The fact Crawley actually out spent spurs in several transfer windows under potch kinda makes my point😅
----------------------------------------------------------------------
LOL Outspent Spurs, and still finished 80 places below Spurs. Something to really brag about.
Lots of blablabla...but so far no one has refuted what OP has suggested. Spurs are better off under Levy than predecessors.
comment by Tway (U1162)
posted 2 hours, 55 minutes ago
Lots of blablabla...but so far no one has refuted what OP has suggested. Spurs are better off under Levy than predecessors.
----------------------------------------------------------------------
Except if u count trophies in them periods 😅😅😅
Comment deleted by Article Creator
Sign in if you want to comment
Lots of anti Levy supporters on the
Page 2 of 3
posted on 17/7/21
Not to pick a hole in your argument Sandy but you’re telling us all to be happy with the way things are, yet you were the one screaming for Poch’s head. Doesn’t make sense. He’s responsible for the highest set of finishes we’ve ever had and you wanted him out yet you have the audacity to call us ungrateful and impatient? Jeez!!! Come on!!!
posted on 17/7/21
comment by fridgeboy (U1053)
posted 51 seconds ago
Not to pick a hole in your argument Sandy but you’re telling us all to be happy with the way things are, yet you were the one screaming for Poch’s head. Doesn’t make sense. He’s responsible for the highest set of finishes we’ve ever had and you wanted him out yet you have the audacity to call us ungrateful and impatient? Jeez!!! Come on!!!
----------------------------------------------------------------------
That's just Sandy being the WUM he is!
posted on 17/7/21
comment by JustCallMeTed (U21528)
posted 1 hour, 15 minutes ago
comment by RespectYourAldersSon (U22365)
posted 10 minutes ago
comment by JustCallMeTed (U21528)
posted 11 minutes ago
comment by Sat Nav (U18243)
posted 59 minutes ago
If I may ask you spurs fans a question: your owner (structure aside) is worth billions right? Now I get that he’s not an oil sheikh type and that from a business perspective Levy’s player profit net spend is unreal.
But it’s always surprise me since I found out about your owners net worth how little you spend and haven’t ever gone all out at the right time to really get you over the line.
Is it just tight business focused on p&l over anything else?
----------------------------------------------------------------------
Joe Lewis, despite his billions net worth, his yacht, and his tax haven home, is on record as saying he will not invest his own money in the club.
He wants it run as a profit making business.
Which his mouthpiece Daniel Levy is doing.
If you look at Lewis' history, it gives you a glimpse into the sort of character he is. Born poor above an east end ice cream parlor. Made good a few million in that kind of business, and moved out of England to avoid taxes. Then made a killing in the UK currency fluctuations in early part of this century. When the money in your pocket went down in value, the money in Lewis' pocket went up! You were essentially putting money in Lewis' pocket, didn't you know?
But once a tight wad, always a tight wad.
Lewis is well into his eighties now, and my prediction is that nothing much will happen with Spurs until he kicks the bucket.
----------------------------------------------------------------------
Depends how you view the model of running as a business.
With the amount of Enic out shouted on here, injecting the extra cash 'might' have bought success, but given our recent failures in any final its not a given. Had Lewis invested his cash Abramovich style, then surely any sale would depend on his getting his money back from the club?
This would either inflate the club above its worth and make a sale impossible, or make a sale possible but reduce the amount new owners could spend on transfers as they'd overpaid for the club.
The model itself isn't the problem, we just need to buy well this window, and start getting fans back and revenue streams open to utilise the benefit of the stadium.
----------------------------------------------------------------------
A club, like any other commodity, is worth what someone is willing to pay for it. Nothing more, nothing less. And what new owners will spend on the squad depends upon why they bought the club. In Ambramovitch's case, I suspect it was about money laundering. And ambition to own a winning club.
We must hope that when ENIC is finally out, the new owners have such ambition.
----------------------------------------------------------------------
Which leads itself to the argument that the current owners have the same ambition, but needed the revenue stream I place to enact it no?
posted on 17/7/21
comment by RespectYourAldersSon (U22365)
posted 52 minutes ago
comment by JustCallMeTed (U21528)
posted 1 hour, 15 minutes ago
comment by RespectYourAldersSon (U22365)
posted 10 minutes ago
comment by JustCallMeTed (U21528)
posted 11 minutes ago
comment by Sat Nav (U18243)
posted 59 minutes ago
If I may ask you spurs fans a question: your owner (structure aside) is worth billions right? Now I get that he’s not an oil sheikh type and that from a business perspective Levy’s player profit net spend is unreal.
But it’s always surprise me since I found out about your owners net worth how little you spend and haven’t ever gone all out at the right time to really get you over the line.
Is it just tight business focused on p&l over anything else?
----------------------------------------------------------------------
Joe Lewis, despite his billions net worth, his yacht, and his tax haven home, is on record as saying he will not invest his own money in the club.
He wants it run as a profit making business.
Which his mouthpiece Daniel Levy is doing.
If you look at Lewis' history, it gives you a glimpse into the sort of character he is. Born poor above an east end ice cream parlor. Made good a few million in that kind of business, and moved out of England to avoid taxes. Then made a killing in the UK currency fluctuations in early part of this century. When the money in your pocket went down in value, the money in Lewis' pocket went up! You were essentially putting money in Lewis' pocket, didn't you know?
But once a tight wad, always a tight wad.
Lewis is well into his eighties now, and my prediction is that nothing much will happen with Spurs until he kicks the bucket.
----------------------------------------------------------------------
Depends how you view the model of running as a business.
With the amount of Enic out shouted on here, injecting the extra cash 'might' have bought success, but given our recent failures in any final its not a given. Had Lewis invested his cash Abramovich style, then surely any sale would depend on his getting his money back from the club?
This would either inflate the club above its worth and make a sale impossible, or make a sale possible but reduce the amount new owners could spend on transfers as they'd overpaid for the club.
The model itself isn't the problem, we just need to buy well this window, and start getting fans back and revenue streams open to utilise the benefit of the stadium.
----------------------------------------------------------------------
A club, like any other commodity, is worth what someone is willing to pay for it. Nothing more, nothing less. And what new owners will spend on the squad depends upon why they bought the club. In Ambramovitch's case, I suspect it was about money laundering. And ambition to own a winning club.
We must hope that when ENIC is finally out, the new owners have such ambition.
----------------------------------------------------------------------
Which leads itself to the argument that the current owners have the same ambition, but needed the revenue stream I place to enact it no?
----------------------------------------------------------------------
NO! ENIC places positive income above ambition to win trophies.
When they had a positive income stream they did way too little to upgrade the squad and support managers.
Furthermore they've got it all wrong about how winning helps attract good players who have multiple options of where they play. Nuno has already been turned down by at least one player he wanted in.
It really would take Lewis to put a few hundred million into the squad to build a team that can compete with the top clubs in the Prem. THAT is the current situation.
My guess is that Nuno is doomed before he starts. And nothing would make me happier than to be wrong.
posted on 18/7/21
comment by fridgeboy (U1053)
posted 8 hours, 58 minutes ago
Not to pick a hole in your argument Sandy but you’re telling us all to be happy with the way things are, yet you were the one screaming for Poch’s head. Doesn’t make sense. He’s responsible for the highest set of finishes we’ve ever had and you wanted him out yet you have the audacity to call us ungrateful and impatient? Jeez!!! Come on!!!
----------------------------------------------------------------------
Not correct though is it. I had a couple of weeks saying results were poor, and the manager needed changing. Lots on here here have been running the club down for the best part of two seasons. Big, big difference.
Once the managerial change was made, I was fully behind the new manager, as I will be behind the even newer manager.
I have always backed the club. Some on here are not even doing that.
posted on 18/7/21
comment by sandy, golden boot winner fa cup 1901 (U20567)
posted 1 second ago
comment by fridgeboy (U1053)
posted 8 hours, 58 minutes ago
Not to pick a hole in your argument Sandy but you’re telling us all to be happy with the way things are, yet you were the one screaming for Poch’s head. Doesn’t make sense. He’s responsible for the highest set of finishes we’ve ever had and you wanted him out yet you have the audacity to call us ungrateful and impatient? Jeez!!! Come on!!!
----------------------------------------------------------------------
Not correct though is it. I had a couple of weeks saying results were poor, and the manager needed changing. Lots on here here have been running the club down for the best part of two seasons. Big, big difference.
Once the managerial change was made, I was fully behind the new manager, as I will be behind the even newer manager.
I have always backed the club. Some on here are not even doing that.
----------------------------------------------------------------------
Also Poch is not responsible for Spurs highest ever finishes, Billy Nicholson holds the record with a 3rd, 1st, 2nd, 3rd etc in successive seasons. Learn your history son.
posted on 18/7/21
When United and Chelsea were in disarray, Arsenal declining and Liverpool not as strong as they are now, Spurs didn't invest in the side. That allowed the others (other than Arsenal) to get their houses in order, invest, and they've now all back to where they were. To fans of these sides, Levy is a godsend. He will never push on when others would give that little more push to go for the title. You could have solidify a top 4 position. Instead you've allowed a Chelsea team that had a transfer ban, a United team in chaos and Leicester to over take you (and that last one won a title when it was the best time for anyone other than any of the winners for the past 15 years to do so).
Levy and Lewis are happy to make money and no drive to push the team on.
posted on 18/7/21
comment by CurrentlyStuckIntheUK (U11181)
posted 18 minutes ago
When United and Chelsea were in disarray, Arsenal declining and Liverpool not as strong as they are now, Spurs didn't invest in the side. That allowed the others (other than Arsenal) to get their houses in order, invest, and they've now all back to where they were. To fans of these sides, Levy is a godsend. He will never push on when others would give that little more push to go for the title. You could have solidify a top 4 position. Instead you've allowed a Chelsea team that had a transfer ban, a United team in chaos and Leicester to over take you (and that last one won a title when it was the best time for anyone other than any of the winners for the past 15 years to do so).
Levy and Lewis are happy to make money and no drive to push the team on.
----------------------------------------------------------------------
Exactly my point
posted on 18/7/21
comment by CurrentlyStuckIntheUK (U11181)
posted 1 hour, 39 minutes ago
When United and Chelsea were in disarray, Arsenal declining and Liverpool not as strong as they are now, Spurs didn't invest in the side. That allowed the others (other than Arsenal) to get their houses in order, invest, and they've now all back to where they were. To fans of these sides, Levy is a godsend. He will never push on when others would give that little more push to go for the title. You could have solidify a top 4 position. Instead you've allowed a Chelsea team that had a transfer ban, a United team in chaos and Leicester to over take you (and that last one won a title when it was the best time for anyone other than any of the winners for the past 15 years to do so).
Levy and Lewis are happy to make money and no drive to push the team on.
----------------------------------------------------------------------
This is true. Levy as a Chairman gets a B- His financial management of off field issues is an A but his ability to capitalise on opportunities on field is a C.
He didn't realise that the next coach after Poch left should have been properly analysed. Instead he went for Jose. This set us back 3 to 4 years
posted on 18/7/21
comment by Ioavirgo (U10470)
posted 0 seconds ago
comment by CurrentlyStuckIntheUK (U11181)
posted 1 hour, 39 minutes ago
When United and Chelsea were in disarray, Arsenal declining and Liverpool not as strong as they are now, Spurs didn't invest in the side. That allowed the others (other than Arsenal) to get their houses in order, invest, and they've now all back to where they were. To fans of these sides, Levy is a godsend. He will never push on when others would give that little more push to go for the title. You could have solidify a top 4 position. Instead you've allowed a Chelsea team that had a transfer ban, a United team in chaos and Leicester to over take you (and that last one won a title when it was the best time for anyone other than any of the winners for the past 15 years to do so).
Levy and Lewis are happy to make money and no drive to push the team on.
----------------------------------------------------------------------
This is true. Levy as a Chairman gets a B- His financial management of off field issues is an A but his ability to capitalise on opportunities on field is a C.
He didn't realise that the next coach after Poch left should have been properly analysed. Instead he went for Jose. This set us back 3 to 4 years
----------------------------------------------------------------------
In a way fans are to blame for Jose's appointment also. MANY said they wanted silverware at all costs. So arguably the great Jose was what he thought fans and the club needed. A manager that could bring silverware. Jose's tenure has now shown that Silverware approach does not work without deep oil money pockets.
Instead we should really be more like Leicester with smart recruitment and dressing room unity and hardwork.
posted on 18/7/21
comment by Ioavirgo (U10470)
posted 6 minutes ago
comment by Ioavirgo (U10470)
posted 0 seconds ago
comment by CurrentlyStuckIntheUK (U11181)
posted 1 hour, 39 minutes ago
When United and Chelsea were in disarray, Arsenal declining and Liverpool not as strong as they are now, Spurs didn't invest in the side. That allowed the others (other than Arsenal) to get their houses in order, invest, and they've now all back to where they were. To fans of these sides, Levy is a godsend. He will never push on when others would give that little more push to go for the title. You could have solidify a top 4 position. Instead you've allowed a Chelsea team that had a transfer ban, a United team in chaos and Leicester to over take you (and that last one won a title when it was the best time for anyone other than any of the winners for the past 15 years to do so).
Levy and Lewis are happy to make money and no drive to push the team on.
----------------------------------------------------------------------
This is true. Levy as a Chairman gets a B- His financial management of off field issues is an A but his ability to capitalise on opportunities on field is a C.
He didn't realise that the next coach after Poch left should have been properly analysed. Instead he went for Jose. This set us back 3 to 4 years
----------------------------------------------------------------------
In a way fans are to blame for Jose's appointment also. MANY said they wanted silverware at all costs. So arguably the great Jose was what he thought fans and the club needed. A manager that could bring silverware. Jose's tenure has now shown that Silverware approach does not work without deep oil money pockets.
Instead we should really be more like Leicester with smart recruitment and dressing room unity and hardwork.
----------------------------------------------------------------------
To be honest Levy sacked Jose before he could win any silverware to save himself some money, hence why Levy gives a s** only about balancing the books rather than winning trophies. Jose Mourinho should of been sacked months before, not 1 week before a cup final and shove a school boy in charge. Atrocious decision making by the bald one again.
posted on 18/7/21
Levy loves the happy clappers.
posted on 18/7/21
I read the last time spurs won a title was closer to victoriana times than the present. Seeing the money and profit spurs have made under Levy, for its billionaire owners, makes u realise he is great at running a business. Not so great at running a successful sports team. Spurs won't ever be great with ENIC. If they got within touching distance and didn't spend money they already had, then I just can't see it happening. They knowwhat they need(ed) to do bit just dont want it enough.
posted on 18/7/21
comment by FootyMcfootfoot (U21853)
posted 6 minutes ago
I read the last time spurs won a title was closer to victoriana times than the present. Seeing the money and profit spurs have made under Levy, for its billionaire owners, makes u realise he is great at running a business. Not so great at running a successful sports team. Spurs won't ever be great with ENIC. If they got within touching distance and didn't spend money they already had, then I just can't see it happening. They knowwhat they need(ed) to do bit just dont want it enough.
----------------------------------------------------------------------
What would somebody who supports Crawley know about winning titles. Stick to park football fella.
posted on 18/7/21
comment by sandy, golden boot winner fa cup 1901 (U20567)
posted 3 minutes ago
comment by FootyMcfootfoot (U21853)
posted 6 minutes ago
I read the last time spurs won a title was closer to victoriana times than the present. Seeing the money and profit spurs have made under Levy, for its billionaire owners, makes u realise he is great at running a business. Not so great at running a successful sports team. Spurs won't ever be great with ENIC. If they got within touching distance and didn't spend money they already had, then I just can't see it happening. They knowwhat they need(ed) to do bit just dont want it enough.
----------------------------------------------------------------------
What would somebody who supports Crawley know about winning titles. Stick to park football fella.
----------------------------------------------------------------------
to be fair Sandy is right, you are no Spurs fan dude.
posted on 18/7/21
comment by Don_tottenham (U3372)
posted 50 minutes ago
comment by sandy, golden boot winner fa cup 1901 (U20567)
posted 3 minutes ago
comment by FootyMcfootfoot (U21853)
posted 6 minutes ago
I read the last time spurs won a title was closer to victoriana times than the present. Seeing the money and profit spurs have made under Levy, for its billionaire owners, makes u realise he is great at running a business. Not so great at running a successful sports team. Spurs won't ever be great with ENIC. If they got within touching distance and didn't spend money they already had, then I just can't see it happening. They knowwhat they need(ed) to do bit just dont want it enough.
----------------------------------------------------------------------
What would somebody who supports Crawley know about winning titles. Stick to park football fella.
----------------------------------------------------------------------
to be fair Sandy is right, you are no Spurs fan dude.
----------------------------------------------------------------------
Crawley won a title in 2011 as well but I'm assuming strawman sandy thinks football doesn't exist out the PL 😅
The fact Crawley actually out spent spurs in several transfer windows under potch kinda makes my point😅
posted on 18/7/21
Also didn't spurs win 2 cups in the dozen before levy and one since he was there, or am I forgetting others?
If so it seems only thing spurs have done since ENIC is increase in value and make bigger profits 🤔
posted on 18/7/21
Our improvement in the last dozen years IS the point.
Levy had what was very near to a title winning team and a very good manager in Poch by the end of 2016/17, but then made a very specific decision not to push it that final step. All because of money and a total lack of understanding as to what the fans want.
He decided to stop moving the squad forward, becoming the only PL club not to buy a single new player in 2018, and basically sat back and let that potential title winning team stagnate and inevitably go backwards.
That is on Levy / Lewis and nobody else.
We all know what quality Spurs had in the previous dozen years, and accepted that improvement takes time. But by the mid 2000's we HAD improved, so then had a lot more to lose through either complacency, lack of football knowledge, a stubborn attitude towards spending what everybody in football knows you have to do, just to keep pace with others.
You see example of this a regular basis. Take Liverpool. A title winning team / CL winners two years ago. They have sat back and not moved their squad forward. Like Spurs the current team has stagnated, and has now gone backwards. Frankly, you will never see City do that.
Whilst Billionaires such as Joe Lewis can go through life doing what they please, and, in his case, only looks at the bottom line of a business, which is what he sees Spurs as. A fact that me, you and every other Spurs fan will just have to accept until he and Enic have had enough.
Frankly, unless Levy ( and Lewis ) have a complete change of heart as to how Spurs need to be run and actually understand that success on he playing field generates more profit, we will almost certainly take another dozen years to get back to where we were in 2016/17.
posted on 18/7/21
There are only two things that will lead to ENIC trying to sell out of Tottenham Hotspur FC.
1. THFC stops generating positive cash flow and becomes a financial sink hole. This could happen due to the mortgage on the stadium and if fan attendance revenues do not return to pre pandemic levels.
2. Joe Lewis dies. This could also happen fairly soon since he is well into his 80's.
You may have to wait a few years for the club to have new ownership, but it will happen.
Meanwhile the club will probably go downhill with Harry Kane leaving, and ENIC not investing in the squad. Coming season will be "interesting".
posted on 18/7/21
I suspect they were praying for the ESL to go through as being transformational to the business?
We have the same situation at Celtic with 'billionaire' Dermot Desmond but he needs a Euro league or EPL entry to transform it to a higher level of income and is not prepared to fund what would be needed for automatic entry to the ECL every year which, with a couple of missed years, becomes an unsustainable burden.
posted on 18/7/21
comment by Silver (U6112)
posted 1 hour, 49 minutes ago
I suspect they were praying for the ESL to go through as being transformational to the business?
We have the same situation at Celtic with 'billionaire' Dermot Desmond but he needs a Euro league or EPL entry to transform it to a higher level of income and is not prepared to fund what would be needed for automatic entry to the ECL every year which, with a couple of missed years, becomes an unsustainable burden.
----------------------------------------------------------------------
ESL was undoubtedly part of ENIC's plans.
And season ticket fans be damned!
posted on 19/7/21
comment by FootyMcfootfoot (U21853)
posted 17 hours, 30 minutes ago
comment by Don_tottenham (U3372)
posted 50 minutes ago
comment by sandy, golden boot winner fa cup 1901 (U20567)
posted 3 minutes ago
comment by FootyMcfootfoot (U21853)
posted 6 minutes ago
I read the last time spurs won a title was closer to victoriana times than the present. Seeing the money and profit spurs have made under Levy, for its billionaire owners, makes u realise he is great at running a business. Not so great at running a successful sports team. Spurs won't ever be great with ENIC. If they got within touching distance and didn't spend money they already had, then I just can't see it happening. They knowwhat they need(ed) to do bit just dont want it enough.
----------------------------------------------------------------------
What would somebody who supports Crawley know about winning titles. Stick to park football fella.
----------------------------------------------------------------------
to be fair Sandy is right, you are no Spurs fan dude.
----------------------------------------------------------------------
Crawley won a title in 2011 as well but I'm assuming strawman sandy thinks football doesn't exist out the PL 😅
The fact Crawley actually out spent spurs in several transfer windows under potch kinda makes my point😅
----------------------------------------------------------------------
LOL Outspent Spurs, and still finished 80 places below Spurs. Something to really brag about.
posted on 19/7/21
Lots of blablabla...but so far no one has refuted what OP has suggested. Spurs are better off under Levy than predecessors.
posted on 19/7/21
comment by Tway (U1162)
posted 2 hours, 55 minutes ago
Lots of blablabla...but so far no one has refuted what OP has suggested. Spurs are better off under Levy than predecessors.
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Except if u count trophies in them periods 😅😅😅
posted on 19/7/21
Comment deleted by Article Creator
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