1. Log in now to remove adverts - no adverts at all to registered members!

Rival watch

Discussion in 'Tottenham Hotspur' started by Spurlock, Jan 2, 2012.

  1. Spurlock

    Spurlock Homeboy
    Forum Moderator

    Joined:
    Jun 3, 2011
    Messages:
    74,760
    Likes Received:
    90,478
    He’s also had meltdowns to suggest he’s back tracking and is unsure himself...I certainly believe what my eyes show me
     
    #55741
  2. deedub93

    deedub93 Well-Known Member

    Joined:
    Jul 5, 2011
    Messages:
    12,700
    Likes Received:
    8,707
    I think bring through the youngsters is almost in harmony. However, what is missing is a few wise old heads, these don't have to be expensive and can be on short contracts, the likes of Davids is an obvious example.
     
    #55742
    Spurlock likes this.
  3. PowerSpurs

    PowerSpurs Well-Known Member

    Joined:
    Jun 15, 2011
    Messages:
    13,068
    Likes Received:
    5,651
    You made the claim. Explain how decisions would be different to optimise value to shareholders or trophies.
     
    #55743
  4. Spurlock

    Spurlock Homeboy
    Forum Moderator

    Joined:
    Jun 3, 2011
    Messages:
    74,760
    Likes Received:
    90,478
    I’ve made the claim based on what I see and have seen to be the result of all the number crunching everyone enjoys doing

    Great business model and currently no panic because we are not missing out on CL thus far with not much real intent on creating a team equipped to seriously challenge for anything. So long as we are doing enough to get CL football all is well.

    ENIC who you worship aren’t very good at optimising trophies so you can’t expect me to help them out, they are hopeless so far...fantastic stadium and spreadsheet though.
     
    #55744
  5. Spurlock

    Spurlock Homeboy
    Forum Moderator

    Joined:
    Jun 3, 2011
    Messages:
    74,760
    Likes Received:
    90,478
    I’d take that but there’s a few fans who think everything the owners do is part of some grand scheme to take us to the promised land...whilst I have my doubts about them ever being so focused on the team, ever.
     
    #55745
  6. deedub93

    deedub93 Well-Known Member

    Joined:
    Jul 5, 2011
    Messages:
    12,700
    Likes Received:
    8,707
    I don't agree, the first investment was the state of the art training centre. That was directed at improving the on field side of things.
     
    #55746
  7. The RDBD

    The RDBD Well-Known Member

    Joined:
    Jun 2, 2011
    Messages:
    29,063
    Likes Received:
    13,877
    The Academy appears to be nominally working.
    Specifically, producing talent that reaches the seniors and :

    1. Endures, and are so good they cannot be acquired for
    love nor money (Kane)

    2. Become reasonable squad players (Winks)

    3. Do not endure but can be sold to other clubs (resulting
    at the minimum in break-even for the club and a decent
    career for the player) .
     
    #55747
  8. The RDBD

    The RDBD Well-Known Member

    Joined:
    Jun 2, 2011
    Messages:
    29,063
    Likes Received:
    13,877
    Which clubs are good at "optimising trophies" then
    (how many million do they spend to get each trophy, are they
    spending far too much for each one etc) ??
     
    #55748
  9. Citizen Kane.

    Citizen Kane. Well-Known Member

    Joined:
    Jan 19, 2019
    Messages:
    11,285
    Likes Received:
    17,505
    I guess the real litmus test of this will be if ENIC sell up in the near future. The impression I get is that Levy does care deeply for the club. He grew up watching us from the terraces. Lewis on the other hand is about as disconnected an owner as has ever existed in the history of football. My gut feeling is that his long game has always been to grow us as an asset and then sell high. As long as Levy remains chairman making the actual decisions I couldn't care less if some American or Chinese magnate bought us.
     
    #55749
    deedub93 likes this.
  10. Citizen Kane.

    Citizen Kane. Well-Known Member

    Joined:
    Jan 19, 2019
    Messages:
    11,285
    Likes Received:
    17,505
    Sorry repeat post
     
    #55750

  11. deedub93

    deedub93 Well-Known Member

    Joined:
    Jul 5, 2011
    Messages:
    12,700
    Likes Received:
    8,707
    This, I could have written this myself.
     
    #55751
  12. Spurlock

    Spurlock Homeboy
    Forum Moderator

    Joined:
    Jun 3, 2011
    Messages:
    74,760
    Likes Received:
    90,478
    I can believe that but ultimately Joe's vision reflects on Levy and he seems content with that. I've also said Levy should stay on as chief accountant...it's the least he deserves if we get sold.
     
    #55752
  13. Spurlock

    Spurlock Homeboy
    Forum Moderator

    Joined:
    Jun 3, 2011
    Messages:
    74,760
    Likes Received:
    90,478
    Of course we will benefit from some of ENICs decisions but I'm not convinced much is done to improve the team...that's just the collateral to building an attractive asset(training facilities) for future sale. Some people think to suggest the owners dip into their own pockets to strengthen the team is criminal but I think it's an obvious thing to do if you think you own a brand worth north of a Billion quid.

    But I'm talking about owners who take pride in seeing their team become winners not ENIC
     
    #55753
  14. remembercolinlee

    remembercolinlee Well-Known Member

    Joined:
    Jan 1, 2012
    Messages:
    35,709
    Likes Received:
    40,764
    Not sure anyone has said that...my point is about the ****ers like Harryhotspur and pundits/ media outlets demanding we take risks.

    We didn't buy cos pochettino did not want those players who were affordable...he has said this himself...apart from Grealish who we appeared to have screwed up the deal for (thankfully :bandit:).

    If we fpend £150m in the summer I would trust it was because they have properly costed it...unlike the 29 clubs listed.
     
    #55754
  15. PowerSpurs

    PowerSpurs Well-Known Member

    Joined:
    Jun 15, 2011
    Messages:
    13,068
    Likes Received:
    5,651
    Definitely not criminal but it is against FFP rules.
     
    #55755
  16. deedub93

    deedub93 Well-Known Member

    Joined:
    Jul 5, 2011
    Messages:
    12,700
    Likes Received:
    8,707
    Sort of. If uncle Joe wanted to, he could legally pay off the monies outstanding on the stadium, in fact the whole Northumberland development and not fall foul of the FFP regs. This would then free up monies to sign players, which would otherwise be used to pay the stadium mortgage.
     
    #55756
  17. PowerSpurs

    PowerSpurs Well-Known Member

    Joined:
    Jun 15, 2011
    Messages:
    13,068
    Likes Received:
    5,651
    That's true from now on, but would have a very limited effect in the past as the debt outstanding has only recently become material. Even now I doubt we are paying more than £20m per annum interest and less in depreciation so that would be the maximum additional expenditure we could make.
     
    #55757
  18. deedub93

    deedub93 Well-Known Member

    Joined:
    Jul 5, 2011
    Messages:
    12,700
    Likes Received:
    8,707
    Yes, but it will not interest only, there will be capital repayment as well. Probably about £50M per annum. I'm guessing it would free up £70-80M per annum.
     
    #55758
  19. PowerSpurs

    PowerSpurs Well-Known Member

    Joined:
    Jun 15, 2011
    Messages:
    13,068
    Likes Received:
    5,651
    I'd be amazed if we depreciated the stadium over less than 30 years for FFP purposes.
     
    #55759
  20. deedub93

    deedub93 Well-Known Member

    Joined:
    Jul 5, 2011
    Messages:
    12,700
    Likes Received:
    8,707
    You may be right, but the goons did theirs sooner. I think it will be flexible with regular reviews dependent on success on field.
     
    #55760

Share This Page