Cashmoney from ENIC - Not a joke!

[stupops]

Club announcement - Tottenham Hotspur Limited agrees a £150m capital increase | Tottenham Hotspur Tottenham, London: Tottenham Hotspur Limited (the “Club” or “Spurs”) has, today, Tuesday 24 May 2022, agreed a capital increase of up to £150m from majority shareholder, ENIC Sports Inc (“ENIC”), via the issue of convertible A Shares and accompanying warrants. https://www.tottenhamhotspur.com/ne...tspur-limited-agrees-a-150m-capital-increase/

 

[Real Deal]

Uncle Joe has had a brain hemorrhage.

 

[stupops]

It's supposed to say Cashmoney.
It increases their share by all accounts.
Who cares.
Be good if this is on top of what we were going to spend. Have no idea.

 

[Departed]

Uncle Joe has had a brain hemorrhage.

I read the first post and said "Holy Naff!"

Then I read this and spit my coffee across the room.

 

[Departed]

 

[Departed]

They think this is the moment as we do!!!!!

 

[Departed]

Soccer-Spurs get 150 million pounds from owners ENIC to help boost transfer fund








By Christian Radnedge

• Football
• Tuesday, 24 May 2022
  11:05 PM MYT

FILE PHOTO: Football - Tottenham Hotspur v Arsenal Barclays Premier League - White Hart Lane - 2/10/11 ENIC International Limited Owner Joe Lewis (L) and Tottenham Chairman Daniel Levy in the stands Mandatory Credit: Action Images / Paul Childs Livepic



The rest is here: https://www.thestar.com.my/sport/fo...-from-owners-enic-to-help-boost-transfer-fund

 

[Departed]

Thanks Stu....made my day and I think it's gonna make our year!

Whatever reason they had for this (and I am sure there is a balance sheet issue driving this) it doesn't matter.

 

[stupops]

Thanks Stu....made my day and I think it's gonna make our year!

Whatever reason they had for this (and I am sure there is a balance sheet issue driving this) it doesn't matter.

I'm no money man. But if we have already spent 100m on Kulu, Bentacour and Romero I assume this is for another two players? Maybe 3? Plus anything from sales?
Whatever. It seems like jolly good news.

 

[Departed]

 

[Departed]

If your a Spurs supporter and this doesn't pump you up may I suggest some little blue pills!

 

[Departed]

My wife thinks the anti-inflammatory drugs are having adverse effects.

 

[Departed]

That's it. The Canadian Flag is getting replaced at the front of our house with a Spurs flag.

 

[Departed]

 

[stupops]

That's it. The Canadian Flag is getting replaced at the front of our house with a Spurs flag.

Go easy.
Its still Tottenham.
Remember what happened the last time we spent £150m on players....

 

[Departed]

Go easy.
Its still Tottenham.
Remember what happened the last time we spent £150m on players....

That was Levy. This is Paratici and Conte.

No way I am holding back. The revenue streams will allow us to maintain performance at the next level. This is what was missing due to COVID. Hats off the ENIC for this kickstarter to get us back on track.

I am OVER THE MOON.

This is us:

 

[Spursex]

Well I had predicted that would happen this year, but if I'm honest it's a little less than I was led to believe..but, let's not be churlish; it is a welcome investment and augurs extremely well for what our ambitions are this summer...

ONwards and UPwards we go...

Now I wouldn't be surprised to hear that they'll be placing some shares in the very near future, at about triple the price they've just subscribed for...

Happy days.

 

[Departed]

I wonder how many Spurs fans jaws hit the ground on this announcement?

 

[Spursex]

I wonder how many Spurs fans jaws hit the ground on this announcement?

Levy's family trust holdings have had to stump up a big chunk of this and he isn't an extremely rich man, so this was a huge amount from him.

 

[Departed]

Levy's family trust holdings have had to stump up a big chunk of this and he isn't an extremely rich man, so this was a huge amount from him.

But it is equity increase for him which will move him toward maintaing control when Joe exits. Which looks sooner rather than later with this move.

But....WHO GIVES A NAFF!!! It's gonna show up on field.