Tottenham Takeover Talk

[wadewill]

Not a problem with that at all. Keep things as they are with Levy at the helm but actually having an owner who will hold him to account on his future failings would be the ideal scenario.

Agree with this, most (me included) seem to be on an "up" section of the Daniel Levy Rollercoaster Extravaganza. He will revert back to type as some point and we will all hate him again.

If there is someone with some steel above him who wont allow that, best scenario for me.

 

[felmani26]

Not a problem with that at all. Keep things as they are with Levy at the helm but actually having an owner who will hold him to account on any future failings would be the ideal scenario.

Quite!

Although have we not already seen a shift at the top of the hierarchy from Levy delegating more to Munn as CFO to oversee the footballing operations and all that it entails.

Levy has always been a shrewd business man and commercially savvy so would make sense to have the continuity here however if this is a full blown takeover then understandably they will want their own people spearheading the club.

 

[SirHarryHotspur]

A year old this article having wealthy owners is useful but having the right manager, coaching staff & bringing in the right players seems to me to be far more important. If wealth of owners is the guideline then Hammers should be doing better than us, Oh I forgot they are Champions of Europe.

Every Premier League club ranked by net worth of owners - Futbol on FanNation

Newcastle United's owners are wealthier than the owners of every other EPL club combined.

www.si.com

 

[fingersinc]

How does the takeover code apply to a private limited company registered in the UK like THL , there are still something like 30,000 private shareholders even though they only hold about 13% of the shares , do they have to be informed or is it ENIC Sports inc or whichever part of ENIC holds the major shareholding that is being sold ?

Where did you get that figure for the number of shareholders? I thought we all got shafted. Years ago I got a letter telling me that they were being compulsory purchased back so sold most of them on the open market. I kept a few and still get a letter every year telling me that I can download the annual report but I haven’t had any information about my shares for years.

 

[SirHarryHotspur]

Where did you get that figure for the number of shareholders? I thought we all got shafted. Years ago I got a letter telling me that they were being compulsory purchased back so sold most of them on the open market. I kept a few and still get a letter every year telling me that I can download the annual report but I haven’t had any information about my shares for years.

From the man himself 6:30 into interview

Levy on Tottenham Stake, Kane, Saudi League: Full Interview

Tottenham Hotspur chairman Daniel Levy said he is open to selling a stake in the London football club and admitted it could buy back England captain Harry Kane in the future. Levy also talks about the new manager, Ange Postecoglou, and high-profile players moving to Saudi Arabia. He speaks in an...

www.bloomberg.com

If you still have some shares try this.

Shareholder Information | Tottenham Hotspur

Find Shareholder Information for Tottenham Hotspur, how to get in contact if you have queries and other shareholder questions.

www.tottenhamhotspur.com

Spurs Shares Advice

I didn't get round to selling my shares when ENIC bought the club back and de-listed us. I made the decision to sell recently and after guidance by Capita (the administrators of THFC PLC shares) put a minimum of 40p a share on the form. They came back today and said they had matched the 40p...

spurscommunity.co.uk

 

[Led's Zeppelin]

Where did you get that figure for the number of shareholders? I thought we all got shafted. Years ago I got a letter telling me that they were being compulsory purchased back so sold most of them on the open market. I kept a few and still get a letter every year telling me that I can download the annual report but I haven’t had any information about my shares for years.

I’ve still got mine.

I didn’t think it was ever compulsory to sell.

I may have forgotten the details though!

 

[mil1lion]

I hope if we get a takeover that Paratici has scouted the new owner

 

[Buggsy61]

I’ve still got mine.

I didn’t think it was ever compulsory to sell.

I may have forgotten the details though!

It was never compulsory to sell them but Enic were buying off anyone who wanted to sell up until the point they were delisted, but they were offering around 60p (market price at the time) if I remember rightly - small shareholders saved money on the dealing costs.
I still have my 200. If there is a takeover all us smaller shareholders probably stand to make a fair bit of money I guess.
Not sure how I feel about this, and need to wait and see what’s on the table, but after all these years I have developed a kind of Stockholm syndrome with Mr Levy,.
Financial ability is outstanding - it was just his transfer meddling that held us back, but we have kicked that issue to death anyway, and he seems to be delegating that now thankfully.
interesting times.

 

[ukdy]

Not a problem with that at all. Keep things as they are with Levy at the helm but actually having an owner who will hold him to account on any future failings would be the ideal scenario.

Who'd then hold the new owner to account, if they were a shambles, or asset stripped, or leveraged the club like the Glazers, taking dividends out of the club.

Good god imagine that! I've said it before, be careful what you wish for.

 

[rossdapep]

Agree with this, most (me included) seem to be on an "up" section of the Daniel Levy Rollercoaster Extravaganza. He will revert back to type as some point and we will all hate him again.

If there is someone with some steel above him who wont allow that, best scenario for me.

I think to be a succesful club you need somone to have that kind of vision AND ambition.

Levy has vision, but it's not really with the footballing aspect. To be fair, he seems to have delegated this to Munn now but still no gurantees he doesn't step in or redirect at moments.

Ambition. Levy has this in abundance as we can see what Tottenham Hostpur is today as a club.

However, that doesn't translate to 'on-field' ambition as he constantly applies the brakes.

So ideally, we get owners who are ambitious for on-field success but not reckless about it.

Although I think because of what Levy has done for the club, we have a bit more manouvering than most when it comes to ambition/spending etc

 

[SirHarryHotspur]

Sure someone can work out how many shares are in private hands , according to the last accounts ENIC Sports Inc held 182,153,431 ordinary shares representing 85.56% of those in issue , if there is a takeover and say it was around £4 billion private shareholders should be in for a bit of money.

 

[allatsea]

Who'd then hold the new owner to account, if they were a shambles, or asset stripped, or leveraged the club like the Glazers, taking dividends out of the club.

Good god imagine that! I've said it before, be careful what you wish for.

Glazers have allowed Man U to spend many 100's of millions on players and their wages but in the main it has been spent very poorly.

 

[HildoSpur]

Glazers have allowed Man U to spend many 100's of millions on players and their wages but in the main it has been spent very poorly.

They have but they have also allowed the club to be run with nobody actually steering the ship for years.

 

[Trix]

Who'd then hold the new owner to account, if they were a shambles, or asset stripped, or leveraged the club like the Glazers, taking dividends out of the club.

Good god imagine that! I've said it before, be careful what you wish for.

That could happen with any owner including Joe Lewis if he so wished to do so.

As for taking dividends? I'm totally fine with it as long as it doesn't affect the running of the club or what we spend on the pitch. The Glazers do take money out of the club via dividends but that doesn't stop them from being amongst the biggest spenders or maxing out their FFP allowances. Fact is they couldn't spend much more money even if they wanted to. The Glazers have run the club badly for sure but it's not down to how much they've spent it's what they've spent it on.

 

[SirHarryHotspur]

They have but they have also allowed the club to be run with nobody actually steering the ship for years.

Woodward was steering for 10 years but without a compass.

 

[danielneeds]

It does seem as though we are the best option for an owner who sees us as more of a plaything or for a bit of sport-washing than possibly anyone else in the Europe.

There are a very small amount of clubs that could spend anywhere near what we can under FFP/PSR and everything Infrastructure-wise is already in place, we already have a good squad, coaching set up, now youth set up. Someone could come in, spend £250m on 3 new players and we would absolutely be up there with anyone.

I’ve said this many times, but well-run big clubs rarely get taken over. The last one I can remember is maybe Arsenal. Most often takeovers happen due to financial struggles or on long-term on-pitch decline. Most prospective owners want to take advantage of weakness.

No disrespect to the ITK, we know there have been people having conversations with Levy over the years, like Cain Hoy, but I still find it hard to believe anyone is gonna pay 4bn in the current financial climate.

The only thing that could significantly alter the landscape was if there was a London NFL franchise further down the line than is widely known. But then again, hard to believe Levy wouldn’t want to bring something like that home himself.

 

[Trix]

I’ve said this many times, but well-run big clubs rarely get taken over. The last one I can remember is maybe Arsenal. Most often takeovers happen due to financial struggles or on long-term on-pitch decline.

No disrespect to the ITK, we know there have been people having conversations with Levy over the years, like Cain Hoy, but I still find it hard to believe anyone is gonna pay 4bn in the current financial climate.

The only thing that could make me believe something could happen was if there was a London NFL franchise further down the line than is widely known. But then again, hard to believe Levy wouldn’t want to bring something like that home himself.

There is nothing to say Levy wouldn't retain his shares in the club and it's just Lewis looking to sell of his controlling stake.

 

[danielneeds]

There is nothing to say Levy wouldn't retain his shares in the club and it's just Lewis looking to sell of his controlling stake.

Yeah, possibly. The dynamics of such a deal would be interesting. Anyone getting into bed with Levy while he’s still on the throne is in for a wild ride.

 

[HildoSpur]

Yeah, possibly. The dynamics of such a deal would be interesting. Anyone getting into bed with Levy while he’s still on the throne is in for a wild ride.

What's his toilet routine got to do with anything?

 

[Dunc2610]

There is nothing to say Levy wouldn't retain his shares in the club and it's just Lewis looking to sell of his controlling stake.

I can see this being the outcome, I think Levy's love for the club, would see him vetoing any sale to anyone having the clubs best interests at heart.