Comments on: Opinion: Is Daniel Levy deserving of Spurs love or respect or something else?

By: matt88008

matt88008 — Wed, 19 Jul 2023 02:48:02 +0000

The shiny new edifices that have been erected by ENIC and Levy, consisting primarily of our ‘world class’ stadium (of which we are merely the ‘anchor tenant’) are only nominally for the benefit of the club. In reality they are the world class liabilities of THFC, constructed for the financial benefit that will accrue to ENIC and its principals, in any future buy-out negotiated by them.

This is a deception being perpetrated by ENIC and its ownership duo, which requires an ongoing PR campaign, the purpose of which is to deflect any blame for the club’s lack of ambition on the field from it’s principal architects, namely Lewis and Levy, to focus on the much trumpeted ‘generational legacy’ of the entirely debt financed real estate that ENIC have constructed.

Pursuant to which, in spite of years of obfuscation of the truth, the following axiomatic operating principle of the club has becoming blindingly apparent. The financial success of ENIC/personal enrichment of Lewis and Levy and the achievement of success on the field are estranged and immiscible concepts and that is patently how it is viewed by the former.

ENIC are solely interested in investing enough in the team to syphon off the Champion’s League revenue. In their eyes further investment in the team is counter-productive as the additional money to be made from actually winning trophies does not compensate for the cost of paying for the players and salaries in order to do so. QED, one minor trophy in 20 years of ownership.

By: X spursnut d

X spursnut d — Tue, 18 Jul 2023 23:16:22 +0000

So enic bought spurs for 20+ million and are now valued at 3.5billion. Spurs have now record debts although enic will say they are controlled and managed debts. In the 20 years of enic spurs have won 1 trophy the old league cup or carling cup or whatever it is called now. So there you have it. Record profits if sold for enic with record debts remaining and just one cup in the smallest trophy room. You tell me what is important most to dl and enic.

By: Kenno

Kenno — Tue, 18 Jul 2023 21:58:34 +0000

Very good article, easy to read and more or less says it as I see it (and I have been a Spurs fan since 1958 (so I do know what it’s like to win trophies). As we have seen, 1st we have to have a manager with a vision. 2nd we have to have a manager who is trusted by the boss and 3rd when 1 and 2 are met we have to have a boss who backs the manager to buy and build the team. holding thumbs and fingers crossed for 2023/24