New Stadium Details And Discussions

[cliff jones]

Cain Hoy haven't made an actual offer and don't need to until 10th October. Archway had already set this appeal in motion before the CH interest so I don't see it as relevant. They may well be pleased that an offer could come in from CH that Spurs may accept and then they might well rub their hands together expecting a big buy out.

why do some people think the Americans are dumb enough to significantly overpay for the club and then overpay once again to send archway packing? They're generally smarter than you think... which smiley should I use here?

 

[longtimespur]

why do some people think the Americans are dumb enough to significantly overpay for the club and then overpay once again to send archway packing? They're generally smarter than you think... which smiley should I use here?

Not what I was implying mat

 

[cliff jones]

Not sure that the Cain Hoy news affects how we feel about them but I din't think Archway are so much a barrier just a hurdle to get over, we will get over it but it will slow down our run, they can't stop us they are just being a bloody nuisance.

its already taken years and sensationalism aside it could, could take up to six more. Spurs is big ground, big support, lilywhite tops and attractive attacking football. Successive owners have allowed us to become second or third tier, by hook or by crook, and now these cavemen seemingly have the tools to derail our long-awaited rise. I fear another generation of fans will likely go elsewhere.

 

[razor1981]

So is the relevant to the Cain Hoy interest or something that is normally published? I don't remember ever seeing it on the official site in this form before. IE: a separate statement as it is today.

According to the City Code on Takeovers and Mergers, one of the reasons a Rule 2.10 announcement would be required is:

when, after a potential offeror first actively considers an offer but before an approach has been made to the board of the offeree company, the offeree company is the subject of rumour and speculation or there is an untoward movement in its share price and there are reasonable grounds for concluding that it is the potential offeror’s actions (whether through inadequate security or otherwise) which have led to the situation;

So it may be purely the press speculation (and Cain Hoy's statement that they were considering an offer) that has forced THFC to make the announcement.

 

[longtimespur]

According to the City Code on Takeovers and Mergers, one of the reasons a Rule 2.10 announcement would be required is:

when, after a potential offeror first actively considers an offer but before an approach has been made to the board of the offeree company, the offeree company is the subject of rumour and speculation or there is an untoward movement in its share price and there are reasonable grounds for concluding that it is the potential offeror’s actions (whether through inadequate security or otherwise) which have led to the situation;

So it may be purely the press speculation (and Cain Hoy's statement that they were considering an offer) that has forced THFC to make the announcement.

Cheers razor... apart from the legal gobbledygook I think I understand. lol

 

[shelfmonkey]

furry muff mate but the other 70 or so firms faced the same or similar issues and reached agreement. This lot are a bit different, a bit "special".

Needs!!!

 

[Stoof]

Just so you know, I've worked on something very similar for a client's HQ (from the commercial property standpoint but with the planning team involved) - involving TFL and their tube expansion which is a slightly different process but similar concept.

It's actually a fairly straight forward transaction once a new site has been identified. Archway would get a spangly new site (one I expect that would not be materially different in size to their current plot), built and fitted out at THFC's cost. Yes there will be some minor inconvenience but I would have thought that any such expenses would be THFC's too.

But I suppose that comes from a willing client, that's open to the idea to start with.

The more and more I read, the more and more I don't understand where Archway is coming from.

 

[Harry Barber]

They can ask... or a CPO can grant them a fair amount after adjudication. I highly doubt the fair amount will be closer to the wanted £25M than the realistic £4M

Mate, I totally agree with you. It just seems to me that Levy is in no rush to get the damn thing built. I, and many others, have always had this doubt in our minds of ENIC's true intentions as far as building the stadium is concerned.

Did Levy say in his statement that once Archway have gone, we're more or less ready to start?
Is the finance in place?
Is the stadium sponsorship in place?
Will the latest design changes need planning approval? (Probably)
Has it gone to tender yet?
Archway could possibly delay a further 4 years (apparently)


All that Levy has managed to do so far is use the clubs transfer kitty to buy most of the land surrounding the ground and flatten it. We've now slipped as a club to mediocrity. One trophy in 14 years.

Sorry to moan but it's so frustrating to see the teams around us progressing, while we regress.

Rant over!

 

[Roynie]

Mate, I totally agree with you. It just seems to me that Levy is in no rush to get the damn thing built. I, and many others, have always had this doubt in our minds of ENIC's true intentions as far as building the stadium is concerned.

Did Levy say in his statement that once Archway have gone, we're more or less ready to start?
Is the finance in place?
Is the stadium sponsorship in place?
Will the latest design changes need planning approval? (Probably)
Has it gone to tender yet?
Archway could possibly delay a further 4 years (apparently)


All that Levy has managed to do so far is use the clubs transfer kitty to buy most of the land surrounding the ground and flatten it. We've now slipped as a club to mediocrity. One trophy in 14 years.

Sorry to moan but it's so frustrating to see the teams around us progressing, while we regress.

Rant over!

The problem with going to tender before the Archway site is actually legally the property of THFC, or a subsidiary, is that we are not in a position to start building. No one knows, at the moment, when the building will commence, so no-one will submit a quote as they don't know how costs will change between now and some indeterminate date in the future.

 

[SHaRD]

They can ask... or a CPO can grant them a fair amount after adjudication. I highly doubt the fair amount will be closer to the wanted £25M than the realistic £4M

CPOs are always independent valuations. The independent valuation is £2m + 15% uplift (or along those lines). That's it - there's no grey or bartering in a CPO process.

Haringey will pay Archway £2m + 15%, unless Archways lawyers can prove Pickles and his government department were negligent in their review process.

Mate, I totally agree with you. It just seems to me that Levy is in no rush to get the damn thing built. I, and many others, have always had this doubt in our minds of ENIC's true intentions as far as building the stadium is concerned.


Did Levy say in his statement that once Archway have gone, we're more or less ready to start?

Is the finance in place?

Is the stadium sponsorship in place?

Will the latest design changes need planning approval? (Probably)

Has it gone to tender yet?

Archway could possibly delay a further 4 years (apparently)



All that Levy has managed to do so far is use the clubs transfer kitty to buy most of the land surrounding the ground and flatten it. We've now slipped as a club to mediocrity. One trophy in 14 years.


Sorry to moan but it's so frustrating to see the teams around us progressing, while we regress.


Rant over!

Have you personally seen the site in the last 12 months? There's groundwork already started. There's no way now it won't be built there.

The worst case scenario with Archway is a 12-15 month delay. The revised timescale is 4 years till the stadium opens, not for work to start on it.

And which of our rivals have been progressing? Arsenal, United, City and Chelsea haven't done anything with their grounds in the last decade or so. And Liverpool and Everton are well behind us on their expansion works.

 

[SpurSince57]

Mate, I totally agree with you. It just seems to me that Levy is in no rush to get the damn thing built. I, and many others, have always had this doubt in our minds of ENIC's true intentions as far as building the stadium is concerned.

Did Levy say in his statement that once Archway have gone, we're more or less ready to start?
Is the finance in place?
Is the stadium sponsorship in place?
Will the latest design changes need planning approval? (Probably)
Has it gone to tender yet?
Archway could possibly delay a further 4 years (apparently)


All that Levy has managed to do so far is use the clubs transfer kitty to buy most of the land surrounding the ground and flatten it. We've now slipped as a club to mediocrity. One trophy in 14 years.

Sorry to moan but it's so frustrating to see the teams around us progressing, while we regress.

Rant over!

Next time you go to a game, sneak a look at the foundation trenches that have been dug in the old Winfield site. Work is continuing.

We've slipped to mediocrity? Since 2005-06, we've had the best league run since the 60s, but glory-hunters with a bloated sense of entitlement seem unaware of this.

 

[Lilbaz]

why do some people think the Americans are dumb enough to significantly overpay for the club and then overpay once again to send archway packing? They're generally smarter than you think... which smiley should I use here?

 

[SpurSince57]

why do some people think the Americans are dumb enough to significantly overpay for the club and then overpay once again to send archway packing? They're generally smarter than you think... which smiley should I use here?

Possibly because of the Glazers, Gillett and Hicks, and Lerner (who, to be fair, comes across as a decent guy with a genuine love of football, who seriously underestimated what he was taking on).

 

[Lilbaz]

Possibly because of the Glazers, Gillett and Hicks, and Lerner (who, to be fair, comes across as a decent guy with a genuine love of football, who seriously underestimated what he was taking on).

Henry also spent £20m on Downing.

 

[longtimespur]

Mate, I totally agree with you. It just seems to me that Levy is in no rush to get the damn thing built. I, and many others, have always had this doubt in our minds of ENIC's true intentions as far as building the stadium is concerned.

Did Levy say in his statement that once Archway have gone, we're more or less ready to start?
Is the finance in place?
Is the stadium sponsorship in place?
Will the latest design changes need planning approval? (Probably)
Has it gone to tender yet?
Archway could possibly delay a further 4 years (apparently)


All that Levy has managed to do so far is use the clubs transfer kitty to buy most of the land surrounding the ground and flatten it. We've now slipped as a club to mediocrity. One trophy in 14 years.

Sorry to moan but it's so frustrating to see the teams around us progressing, while we regress.

Rant over!

Maybe only 1 trophy but the most consistent we've been since Bill Nicks time. We haven't been out of Europe for 5/6 seasons. Can't believe some people's lack of vision with what we have actually achieved under ENIC. Before their arrival we were regularly middle to bottom half of the league. Yes we could have done better and ENIC could have spent billions on players too BUT we could also have done far worse. I see it as progression but then all that's only my opinion.

 

[ginola99]

Only Man Utd, Liverpool, Chelsea and Arsenal have had more seasons in Europe than us in the past 13 years. As I've said before the only thing missing from ENIC's time in charge so far is trophies although that barren may have to continue for the sake of the stadium, which would be a huge a shame and potentially dangerous.

 

[Bobbins]

Only Man Utd, Liverpool, Chelsea and Arsenal have had more seasons in Europe than us in the past 13 years. As I've said before the only thing missing from ENIC's time in charge so far is trophies although that barren may have to continue for the sake of the stadium, which would be a huge a shame and potentially dangerous.

We could've and could still win trophies under our current model, if we didn't sacrifice the cups every season. We put ridiculous performances into the League and FA Cups year after year, and the one thing we take seriously (the Europa when we get to the later rounds) is by far the hardest to win!

It's a disgrace that it's been 23 years since we won the FA Cup and that we've also only had 2 League Cups in that time. An absolute disgrace the club should be ashamed of.

If it wasn't for this obsession with qualification for the Champion's League, which realistically is only going to happen once every six or seven years, we would've won several trophies in at least the last decade.

 

[cliff jones]

Only Man Utd, Liverpool, Chelsea and Arsenal have had more seasons in Europe than us in the past 13 years. As I've said before the only thing missing from ENIC's time in charge so far is trophies although that barren may have to continue for the sake of the stadium, which would be a huge a shame and potentially dangerous.

trophies and an increase to stadium capacity have both been missing, actually. over the 13 years or so. we will probably need to latter to help with the former, such is the nature of modern English football.

 

[Lilbaz]

We could've and could still win trophies under our current model, if we didn't sacrifice the cups every season. We put ridiculous performances into the League and FA Cups year after year, and the one thing we take seriously (the Europa when we get to the later rounds) is by far the hardest to win!

It's a disgrace that it's been 23 years since we won the FA Cup and that we've also only had 2 League Cups in that time. An absolute disgrace the club should be ashamed of.

If it wasn't for this obsession with qualification for the Champion's League, which realistically is only going to happen once every six or seven years, we would've won several trophies in at least the last decade.

Agree Champions League is destroying football. Not so much in this country but look at the smaller countries. Olympiacos have won the league something like 13 times in a row. Very unhealthy. If there is no competition people will get bored and stop watching.

 

[cliff jones]

Maybe only 1 trophy but the most consistent we've been since Bill Nicks time. We haven't been out of Europe for 5/6 seasons. Can't believe some people's lack of vision with what we have actually achieved under ENIC. Before their arrival we were regularly middle to bottom half of the league. Yes we could have done better and ENIC could have spent billions on players too BUT we could also have done far worse. I see it as progression but then all that's only my opinion.

the Europe point I think is only valid in view of the ban on English clubs post-Heysel. In the 80s, we won two fa cups, one uefa, lost a league cup final, nearly won the title but were worn down by everton in the home straight and somehow managed not to win anything under pleat in 87. we were box office when I was growing up, and we can be again...