Harry Kane

kun said:
and ENIC is owned by.......

FYI City are also owned by a holding company. "Aren't interested in pumping their own cash in" is what I mean by doesn't care about your club.
Click to expand...
My point is Lewis isn't a bank roller, he wants his investment to grow so he can ultimately cash out, they don't make much out of us. I am under no illusion that he or Levy actually care much about us as a club, but they do as an investment.

Yes but your owners spend they own capital on you, Im not going down the whole FFP BS because its irrelevant in all honesty.
 
Churchlawtonblue said:
Sorry that doesn't make sense. You said your owners end game is selling the club, presumably to make money. They bought it from Sugar.
.
Click to expand...
Buying a club from Sugar, isn't pumping money into it. They have only spend around £40M of their own cash into the club after purchase.
 
InLevyITrust said:
My point is Lewis isn't a bank roller, he wants his investment to grow so he can ultimately cash out, they don't make much out of us. I am under no illusion that he or Levy actually care much about us as a club, but they do as an investment.

Yes but your owners spend they own capital on you, Im not going down the whole FFP BS because its irrelevant in all honesty.
Click to expand...
That is my point. Lewis wants to sell the club for a profit without putting money in. Now the club is drowning in debt.
That, to me, is not caring about the club. He is rich enough to push Spurs to the next level and chooses not to.

Our owner wants a return too, but he will get that after heavy investment (which he doesn't do for Manchester City specifically anymore, his investment is mostly only used for expansion and infrastructure now).
The CFG is worth $5 billion. That is significantly more than has been injected by our owner.
 
kun said:
That is my point. Lewis wants to sell the club for a profit without putting money in. Now the club is drowning in debt.
That, to me, is not caring about the club. He is rich enough to push Spurs to the next level and chooses not to.

Our owner wants a return too, but he will get that after heavy investment (which he doesn't do for Manchester City specifically anymore, his investment is mostly only used for expansion and infrastructure now).
The CFG is worth $5 billion. That is significantly more than has been injected by our owner.
Click to expand...
I agree with all of that, I don't really know what your point is. If Lewis choose to he could easily inject alot of cash and be free and easy with FFP, but he never has and never will.
 
InLevyITrust said:
No we don't we have an investment company in ENIC who own us, who arent interested in pumping their own cash in.
Click to expand...
Can you explain how Levy fits into that? I am genuinly confused because whan I read "pundits" talking about how Levy is in charge of the transfers . Is it all down to Levy to agree or not agree? And why are the pundits talking about Levy being the man who makes decisions?
 
Gorton_Tubster said:
Can you explain how Levy fits into that? I am genuinly confused because whan I read "pundits" talking about how Levy is in charge of the transfers . Is it all down to Levy to agree or not agree? And why are the pundits talking about Levy being the man who makes decisions?
Click to expand...
Levy is both a minority shareholder and Chairman. Lewis is a hands off investor, he prefers to live tax free in the Bahamas or Qatar or Monaco or somewhere.
 
Churchlawtonblue said:
Sorry that doesn't make sense. You said your owners end game is selling the club, presumably to make money. They bought it from Sugar.
.
Click to expand...
Point I was making was,they sold shares in.......
Rangers 25.1%
Slavia Prague 96.7%
AEK Athens 47%
Vicenza 99.9%
FC Basel 50%.......also sold "many" media and entertainment businesses to fund the purchase of Spurs.
That's some fuckin money spent and now £970m in debt.
I don't think Levy is as smart as some make out.
 
Gorton_Tubster said:
Can you explain how Levy fits into that? I am genuinly confused because whan I read "pundits" talking about how Levy is in charge of the transfers . Is it all down to Levy to agree or not agree? And why are the pundits talking about Levy being the man who makes decisions?
Click to expand...
Prior to Paratici, Levy was the man running all of Spurs (football and business), always has. Levy is part owner and chairman.
 
You must log in or register to reply here.
Unread Posts

Don't have an account? Register now and see fewer ads!

SIGN UP
Back
Top