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funkycoldmedina

Well-Known Member
Jun 20, 2004
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We provide a whole sub-forum for transfers and even today a thread for you to critique our efforts during this transfer window.

Whilst I get the link between ENIC and transfers, not much of the talk is actually about that is it, it's more we shoulda/coulda and this thread still isn't the place for it. There's little point in people having the same conversations in two or more threads, so can we keep this one for the ENIC bashing/bumhole reaming of the more usual and very very circular nature and move over to the Post Mortem thread for the TW stuff please.

Thanks
Ooooops sorry, should have read to the end before replying ?
 

dudu

Well-Known Member
Jan 28, 2011
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Am very disappointed to be honest. I've actually defended Levy and ENIC a lot more than most over the last 20 years, because I thought their overall strategy, if they were going to go through with it, made a lot of sense even if they made individual mistakes along the way. That strategy being: invest into the stadium and infrastructure, keep the club financially stable, increase our revenue streams, and whenever we get a windfall of cash - invest it into the playing squad to boost the club up a level.

Even though we've had some very talented players over the last 15 years, we've not been able to capitalise properly because funds have been tight. I get that. First money had to be diverted towards the stadium, then we suffered heavy losses in the pandemic while other clubs with oil cheat codes on just carried on around us. But this summer, for the first time, everything was in place. We'd had a full year, uninterrupted, of playing in our new stadium and seeing the huge money it generates. We have qualified for the Champions League, giving us another huge revenue stream and giving players the opportunity to play in the world's top club competition. We have one of the world's best and most respected coaches, and a squad full of exciting players like Kane, Son, Kulusevski, Romero and Lloris that I'm sure many would love to play alongside. Unless we've just come off the back of an extended run in the Champions League, we are never going to have more favourable conditions than we had going into a summer window. So what did we have to show for it:

  • Lower net spend than West Ham and Nottingham Forest
  • Only one player that's gone straight into the first team - a 33 year old
  • Not one player in my opinion that we wouldn't have been able to sign without Champions League football
  • No "game changers" that raise the ceiling of the club - think when we upgraded Fazio with Alderweireld, or Crouch with Adebayor. Like what Arsenal and City have done this summer with Jesus and Haaland respectively.
  • Emerson Royal is still starting in the first team. Emerson. Royal. We also still have Dier, Davies and Hojbjerg starting, all good players but all could have been upgraded.
  • Improved squad "depth" - but what's the point of depth if Conte won't bring most of these guys on in a mid-week fixture when the first teamers are clearly tired and getting overrun?
  • If Kane gets injured we have neither a classic centre-forward nor an attacking midfielder / playmaker to cover either aspect that he brings to the side.

It's not all bad - I think all of the signings individually make a lot of sense, and by default this looks like being our best summer window in at least 6-7 years which is crazy. But call me ungrateful, delusional or whatever...after over a decade of waiting for this window....I was hoping for a bit more.

What does this have to do with ENIC?
 

CantSmileWithoutYou

Well-Endowed Member
May 20, 2015
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Screenshot_20221016-201007.png
 

JerryGarcia

Dark star crashes...
May 18, 2006
8,694
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I’ve not really looked at any Spurs news for over a week but noticed the radio commentary mention the naming rights going to Google the other day. Now Lewis is out of the picture? Is something big brewing?
 

Azza1985

Well-Known Member
Aug 20, 2013
184
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Ally G has uploaded a YouTube video explaining whats happened. Lewis still in control, it's all about getting his assets in place for when he does go (he's 85).
 

Led's Zeppelin

Can't Re Member
May 28, 2013
7,365
20,242
I’ve not really looked at any Spurs news for over a week but noticed the radio commentary mention the naming rights going to Google the other day. Now Lewis is out of the picture? Is something big brewing?
Possibly, but he’s far from out of the picture, still being the majority shareholder.

But his direct influence will cease, though his replacement as significant controlling interest will have as their priority protecting the value of his investment… there are many ways this could go.
 

JerryGarcia

Dark star crashes...
May 18, 2006
8,694
16,028
Possibly, but he’s far from out of the picture, still being the majority shareholder.

But his direct influence will cease, though his replacement as significant controlling interest will have as their priority protecting the value of his investment… there are many ways this could go.
Interesting thanks, I guess I should watch the Ally G video. It seems a bit odd but I know hardly anything about this sort of thing.
 

worcestersauce

"I'm no optimist I'm just a prisoner of hope
Jan 23, 2006
27,009
45,318
If it's a family trust does he have sons or daughters who will become the controlling interest?
 

spursfan77

Well-Known Member
Aug 13, 2005
46,701
104,993
If it's a family trust does he have sons or daughters who will become the controlling interest?

The trustees. They’ll make the decisions, not the beneficiaries who I am assuming are his children.

Mr D Levy and certain members of his family are potential beneficiaries of discretionary trusts which ultimately own 29.88% of the share capital of ENIC.

A discretionary trust of which certain members of Mr J Lewis's family are potential beneficiaries ultimately owns 70.12% of the share capital of ENIC.
 
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