Daniel Levy - Chairman Thread | Page 17 | Vital Football

Daniel Levy - Chairman Thread

You and your naffing make work projects. You should have replaced Corbin. :rofl:

Right now, I'd talk to Maple Leaf Sports Enterprises about investing in the club on a purely financial basis. 30% Ownership Private Placement.

That'd give you at least 300 million. Take out the government loan and we are back on a prepandemic footing. That would put me in a position to quickly rebuild my own equity position and pummel some of the competition.

I'd also tell UEFA to naff off and tie them up in court for 10-20 years. I strongly believe the European courts are going to find UEFA doesn't have a leg to stand on and may have to pay reparations.
The only part I disagree with is going to court with UEFA, their legal standing is unquestionable, like it or not they'd be fully backed by the Sports Court in Switzerland and the Court of Human rights and the EU - why do that when you know you pay a small fine and put this behind you for good?

As you know, I didn't understand why the private investment/placing didn't happen, I suspect now that the upfront payment of up to £300 mill isn't going to happen, they'll be looking at this all over again.

I was interested to read that a maverick hedge fund has advanced Inter Milan $275 mill with the caveat that if they miss a financial heartbeat he'll take over the club by default. Hence why Inter despite winning the title there will now slash salaries and spending...it's Chinese owners don't have another penny to put in and my guess is the club will be back up for sale again pretty soon.

- My point is there is still a huge appetite for PL debt and investment in the US as it reflects quality, so I expect to see us tap into that sooner than later...
 
The only part I disagree with is going to court with UEFA, their legal standing is unquestionable, like it or not they'd be fully backed by the Sports Court in Switzerland and the Court of Human rights and the EU - why do that when you know you pay a small fine and put this behind you for good?

As you know, I didn't understand why the private investment/placing didn't happen, I suspect now that the upfront payment of up to £300 mill isn't going to happen, they'll be looking at this all over again.

I was interested to read that a maverick hedge fund has advanced Inter Milan $275 mill with the caveat that if they miss a financial heartbeat he'll take over the club by default. Hence why Inter despite winning the title there will now slash salaries and spending...it's Chinese owners don't have another penny to put in and my guess is the club will be back up for sale again pretty soon.

- My point is there is still a huge appetite for PL debt and investment in the US as it reflects quality, so I expect to see us tap into that sooner than later...

And that US investment will resurrect the Super League.
 
Well if so they're really going to have to go on the charm offensive cos nobody's buying it.
There will likely be a 2-3 year pause before anything else is floated. The trend in TV revenues will drive the approach. I think they will want to see 2 cycles of TV negotiations and contract conclusions before anything moves forward.

In the meantime, look for several key club ownership changes to take place or, at a minimum, additional equity stakes offered to investors, institutional and individual.

The TV rights arena will be interesting. The PL has had separate contracts for global regions. It gives them more pricing power.

In order for someone like Amazon, Apple or Google to get global distribution there will need to be some unification there. Big wild card. If the PL's TV rights revenue continues to rise there is less incentive for the 6 clubs to participate in a Super League. If that revenue starts to drop the Super League will happen more quckly.
 
Definitely a step in the right direction.

But it remain to be seen if he will actually back the fuck off.

Now let's get in a manager and start this damn rebuild.
This has been planned for a long while, it's why we employed Trevor, but he moved on and pushed our plans into disarray. Shit happens.

He doesn't have to back the fcuk off, we have all the right people in the right places now, and his need to focus on other parts of the business is real.

Now let's see how long it takes for the fan representative to join the board - I know the search has begun.
 
This has been planned for a long while, it's why we employed Trevor, but he moved on and pushed our plans into disarray. Shit happens.

He doesn't have to back the fcuk off, we have all the right people in the right places now, and his need to focus on other parts of the business is real.

Now let's see how long it takes for the fan representative to join the board - I know the search has begun.

Uhhh they haven't called me yet.
 
A brief, but accurate account of Levy's reign....

https://www.independent.co.uk/sport/football/tottenham-daniel-levy-nuno-espirito-santo-b1886689.html

After two decades of Daniel Levy, Tottenham’s blueprint remains unclear

Spurs’ tortuous managerial pursuit underlined the club’s loss of momentum

Tony Evans@tonyevans92a
1 hour ago


Tottenham Hotspur have made worse appointments than Nuno Espirito Santo. The 47-year-old was given the manager’s job after a tortuous, painful recruitment process during which Antonio Conte, Paulo Fonseca and Gennaro Gattuso assessed the situation at White Hart Lane and decided that their future lay elsewhere.
No wonder the candidates had reservations. There is little money available to make competitive a team that finished seventh in the Premier League and Harry Kane wants out. In a financial environment that is depressed by the impact of the pandemic, Kane may not generate the kind of fee that he might have been worth in normal years. Even the notoriously hard-headed negotiations of Daniel Levy will be unlikely to eke out the sort of cash needed to rebuild the side in the absence of the talismanic captain.

The main thing top-class potential managers want to hear about is the budget they will have to work with. In the Tottenham interviews, the principal targets did not like the answers they were given.

The chairman must take the blame for this state of affairs. Since taking over the role in 2001 ‘Teflon Dan’ has parted company with nine managers. The only one who has stuck around for any length of time is Levy. In two decades Spurs have won only the League Cup and have qualified for the Champions League just five times, four of them under the managership of Mauricio Pochettino, who was sacked just six months after taking the team to the final of Europe’s most prestigious competition.

In one sense Levy has been unlucky. He drove through the completion of the new White Hart Lane, which is one of the finest stadiums in the world. It is unfortunate for the club that the return on the investment has been minuscule because of Covid-19. All sympathy for Levy ends there, though.


The decision-making at Tottenham has been dreadful for a long time. Anyone looking for a hint of strategy in a managerial succession that includes switching from Glenn Hoddle to Jacques Santini, Juande Ramos to Harry Redknapp and Andre Villas-Boas to Tim Sherwood will be left confused. The most astounding appointment was giving Jose Mourinho a four-year contract after Pochettino departed. Espirito Santo’s two-year deal does not give the impression of confidence in the new man.

“If you compare Levy to a FTSE 250 chief executive, it’s shocking how long he’s lasted,” a City source with knowledge of the football industry said on condition of anonymity. “The sackings get the headlines but the real mistakes are made when you appoint a manager. There have been far too many managers at a club like Spurs.”
Other errors give the impression that Tottenham are desperate for money. They made pre-tax losses of almost £68 million in 2019-20 and paid out more than £43 million in interest. Accounts for this season are expected to be even more painful and the club could lose in excess of £150 million.


Spurs furloughed non-playing staff last year and then performed a u-turn two weeks later after outrage among the fanbase. Then they signed up to the ill-fated Super League. “That,” the financial expert said, “was about desperation rather than vision.
https://www.independent.co.uk/tv/sport/tokyo-olympics-need-know-ahead-games-v0ed51cd7


At least Levy has the self-awareness to take a pay cut to just under £3 million a year. That is less than half of the £6 million he banked four years ago.


In public Levy is understated. He could be taken for being shy. Behind the scenes he is very different and drives a hard bargain. For all the transfer coups, Tottenham have underachieved. Badly. Yet the chairman remains in place.

That is in part because Levy and his family hold a little less than 30 per cent of Enic International, the company that owns Spurs. The 59-year-old has also had a lifelong relationship with Joe Lewis, the majority shareholder. Over the years there have been whispers that cracks have appeared in the alliance between the two men but there is little evidence to suggest that the Bahamas-based billionaire is keen to restructure Tottenham. Levy is untouchable.

Espirito Santo will work alongside Fabio Paratici, the new director of football. Spurs have tinkered with this role over the years but not with any real conviction. Franco Baldini was the last man to hold the title until his departure six years ago. Paratici left Juventus in May and even though he had not officially started in north London he found the search for a manager difficult and his views at times conflicted with Levy’s. The Italian was an advocate of Espirito Santo, though, which is a positive for the Portuguese.

Supporters are prepared to give the new boss the benefit of the doubt. Almost anyone is better than Mourinho. There is little optimism. The lengthy recruitment process underlined where Tottenham are as a club. It is not a good place.

The chairman remains in position, untouchable and inscrutable, hoping to hit lucky like he did with Pochettino. Levy’s blueprint remains confusing, even after 20 years of trying to get it right at White Hart Lane.