Good morning.
Four hundred and fifty million quid is the figure being bandied about. Philip Anschutz of AEG it is suggested is prepared to buy the controlling stake in Spurs. From The Express.
Nigh on twice the figure of the Liverpool sale. But aside from being at least twice the club, Tottenham come to market in rather good fiscal shape and not on their bindipping knees.
Why would this happen? Well we can only guess really. ENIC are perhaps reaching a crossroads whereby their investment is coming to the end of one chapter and about to commence upon another. They are after all an investment company and if they don’t trade now, attempting to do so later one might argue would at best cause confusion. At worst look like they were bailing, no matter what the books said.
Anschutz’s form in the field is nothing shy of excellent of course. Not just a leading light but a driving force behind the MLS this is a guy who appears to have combined business acumen with a legitimate passion for the game. AEG owns LA Galaxy and Houston Dynamo. The potential synergies between AEG and THFC are pretty breathtaking. AEG’s wiki page.
What mustn’t be negotiable in any of this is the retention of Levy & Co. If AEG wanted to buy in talent and experience for the road ahead it’s inconceivable to suggest a better candidate.
Football clubs are generally run by a selection of idiots that nearly defy description. Bent second hand car salesmen, white slave traders, costamongers, devil worshipers and money launderers.
This if true would be as expected, Joe Lewis has never been in it for the football and we’re now at ‘put up or shut up’ time in relation to the NPD project, money on the table time.
Last years riots threw the club a curve ball which has paid off it seems, all of the affordable housing, hotel and payments due from the 106 agreement scrapped from the scheme. We’ve even managed to dodge Boris’s new development taxes by getting the scheme signed off this week.
Still can’t see how 280 flats will pay anything like the return to justify the scheme but I can foresee ENIC issuing new shares to get them on board as a partner in the scheme rather than selling out.
You’re right – the role of the riots can’t be undervalued here.
Levy started those riots, I’m convinced of it.
He sure has leveraged them for all they’re worth.
Don’t be ridiculous :ninja:
It was Mus :cop: ………..
@devonshirespur You made me laugh out loud, sir.
So it certain…..AEG buying Spurs, Spurs buying Hazard, New stadium work starts tomorrow and Pep Guardiola on his way from Barca….future’s bright
Could turn into an unmitigated disaster if we lose Levy. Even those who used to be most vehemently critical of him (and there used to be many) would now agree he’s the individual most responsible for our transformation from mid-table also-rans to a top European side making a genuine title challenge.
Still, I don’t think AEG have achieved the level of (consistent) success with their many investments by putting clowns in charge. I don’t think we need to worry about ending up with a #facelikeakickedinfridge, or some sort of Venky’s/Mike Ashley yes-man.
“If it ain’t broke, don’t fix it”. AEG know this, and if the takeover does move forward, I think Levy is part of their plan.
The timing certainly feels right from ENIC’s point of view – team riding high, stadium plans in place, sound financial platform – so it certainly makes sense. A change of ownership is inevitable at some point and we could certainly do a lot worse.
Oh Danny Boy the AEG is calling
From sunny LA to N17 is bound
The summer will come and all fans be crying
For you to stay while twitchys euro bound
:winke:
Made me cry.