There is no jam tomorrow. Tomorrow is always out of reach. There's only today...and there's no jam for the football, but once the hotel's finished, it will serve delicious conserves of hand picked, exotic fruits. There's a significant list of developments for ENIC to concentrate on and they will always rank above the side issue of winning things, other than architecture awards and charting new lows for wages to earnings ratios. You've been sold the dream...and good luck to you...but the truth is very different, I'm sorry to say. Levy will continue to do what Levy does...pretend to bid for players like Guehi, appoint coaches who won't be a good fit for the club and interfere in stuff that should be left for others...and build, build, build.
Following a Deadline Day reprise of 'We tried' in relation to the '£70m bid' for Marc Guehi, today sees another outing for the 'Fake Sheikh Bid' ruse with The Gruniad claiming a 'tip' from 'sources' at the club that a Qatari bid of uncertain origin is being considered... Oh yeah. **** off.
The bit in bold is, I believe, the flaw in your position. ENIC's most valuable asset isn't the football team anymore, it's the stadium. True enough, right now the stadium is 'worth' £1bn minus its cash flows and the latter are still relatively a drop in the ocean against a billion quid. But the plan is clearly to shift this drastically. Given the fact that we've sealed exclusive rights to NFL games for the next 15 years, is the following prediction really all that mad? Some of it has already started happening: 1) Work to steadily lower the wage bill in order to decrease debt load. 2) Invest widely in young players whose profit margin is extremely high. 3) Work to steadily increase the limit on events in the stadium (phase one has already happened). 4) Hold off locking in stadium naming rights until the club is sold. The combination of the above factors will then entice the real jewel in the crown: 4) We are purchased for insane money by an American investment group who wish to... 5) Establish the first NFL franchise in the UK. They choose us because... 6) Our stadium is literally custom built for the sport and doesn't yet have a name by which it must be referred and... 7) We have the lowest football-related debt load of any other PL team and... 8) Our squad is flush with young assets who can be sold to generate hefty profits to get the NFL side up and running. And finally, the death of Tottenham Hotspur Football Club... 9) Our stadium becomes world famous for hosting home games for the North London Lemons, Britain's first NFL team 10) Our stadium is renamed The Lemonade Stand 11) The entity known as Tottenham Hotspur Football Club drifts into mid to lower half of the table obscurity. A ground sharing agreement is made by which the Lemons get priority on any date likely to be attractive to tourists. We've all fallen for the illusion that the other pieces of ENIC's pie exist to feed into the football club and make it more successful. In truth, those pieces were brought into existence to sever our reliance on footballing success, and to make us much more attractive to North American investors. Feel free to bookmark this. I'd love to be the most wrong I've ever been about anything on this one.
Sorry I should have added the final two steps: 12) The iconic golden cockerel is replaced by a huge golden lemon 13) THFC is steadily wound down. Supporters launch a grassroots phoenix club in Milton Keynes called MK Tottenham Death to ENIC FC
Nice theory but the prospective value of the football part is upwards of £5b if successful. And I think the difference between the cost of the NFL franchise and its final value is less than that. So that strategy throws away half the value. I don't think there is any need for a conspiracy theory. The new stadium allows ENIC to combine the value of big events in London with an NFL Franchise and a major European football club. I think the last two are worth billions each and the first one is icing on the cake, and by itself is worth more than ENIC'S initial investment. No reason at all they can't get all three but the NFL one needs a richer partner investor because the upfront cost is enormous.
"If successful". The football side of the operation on its own isn't worth anything close to £5bn. The whole package might be. We're one of the least successful 'big' football teams in modern history. I don't think it's entirely out of the realm of plausibility that ENIC sell up to an American conglomerate who have zero desire to continue the high-risk investment that is required to achieve success in a league as tough as the PL. That conglomerate will assume ownership of the entity with the stated goal of winding down the footballing operation and turning us into an NFL team that plays in a multi purpose venue. The only thing holding ENIC back from doing this is the bizarre notion that they have an emotional connection to the football just like we do. But if some multi billionaire Yank flutters £5bn in front of them on the proviso that we become the North London Lemons, do you really think ENIC wouldn't take the money and run?
Yes of course they would, but it's only worth £5b to the mythical yank if he can make the football bit work because he has to pay another few billion to get the NFL franchise.
X to get ENIC out (whatever the new owners intend to then do) . Y allegedly a minimum to purchase a guaranteed NFL team slot. What are people claiming X and Y are ??
The normal claim for X is £3.5b. Y seems a bit uncertain but most NFL franchise are worth around $5b. So unless they expand the number of teams you have to pay around that and I don't think you get much of a discount for a new franchise.
Not unless he sees the other pieces of the portfolio outflanking the football part in terms of profitability. If the stadium becomes the premier London venue for concerts, boxing and hosts an NFL team, plus all the other interests such as the F1 connection, the skywalk, the hotel servicing all of the above etc., in what long term version of my prediction is football even slightly relevant?
Because the football is potentially worth a few billion and billionaires don't become billionaires by throwing opportunities away.
Precisely. Any smart investor wouldn't throw away the opportunity to establish the first NFL team in Europe and pivot us into a sport which has far more money in it than even the PL and thanks to it's stricter financial controls, is less of a risk. Look, I've said my piece. I've given my prediction. I hope I am very, very wrong. Come on you Lemons.
I hope you are wrong too, but it's yet another disaster scenario if the fans succeed in forcing ENIC out.
We will have the required number of training facilities required to enable The Lemons and their opponents to train separately, whilst still allowing scant room for soccerball types, following approval of the SECOND state of the art training facility... Yes, it's been labelled as 'Tottenham's Women's Team's facilities... There is not a ****ing chance on earth that Levy could get away with this if the truth was out. Under the guise of equality, it gets built...but as sure as the pope ****ting in the woods, the purpose of this is for NFL expansion.
In case you have not seen thihttps://youtu.be/MX9m1im6GCgs. Around 33-34 minutes they discuss Spurs and then you can see Roy Keane the true Spurs fan
