The Tenure of The Lewis Family - September 2025 - ?????

It seems with us staying up in the PL the owners have now backed themselves into a corner. They must now back RDZ with the players he wants, or he'll walk as he has done in the past at other clubs. But he won't go quietly. He will call out the owners for not backing him and I can see a similar rant to Conte's happening. The owners have bought themselves a bit of time, but come this transfer window, if they don't deliver then I can see RDZ walking and the club imploding. I don't see them sacking Vinai, perhaps Lange once Kehl arrives as DOF. I don't see the point of having 2 DsOF.
The other thing I'll say about the Romero fiasco, if the club gave him permission to fly back to Argentina and miss the defining last game of the season, then whoever it is that gave him permission needs to be sacked. The only reason he was present at the game was because there was a backlash from fans and media. The club look like idiots because to save face, they would have told him to return because of the backlash. This sums up just how incompetent and tone deaf this club is, and I throw Romero and his management into that as well. For him or his management to not realise how that would look to fans and the media shows a total lack of awareness and respect for the club and the fans.
It may not happen for a while, but until these owners are gone this club is going to stay mired in mediocrity. They'll do something to appease the fans every now and then, but more often than not they will make stupid decisions that will set the club back. If they have not learnt anything from the mistakes made in the past 2 seasons, then God help us.
ENIC OUT
 
steveperryman said:
Who in their right mind would want to invest in Tottenham Hotspur? A club that's seemingly going backwards in spite of growing revenues.
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The best time to invest is when a business has been mismanaged, but the industry conditions haven't, if anything they continue to improve.

The issue of course is the lewis's, who they've appointed and who now runs the whole of the business. So far, they have proved themselves good at pointing fingers but failing to make the right decisions in a timely manner.

So if I have a spare half a billion and wanted to make it a billion - then I'd do a Jim Ratcliffe type deal and take control and make money. We are a sleeping docile incompetently managed giant, but that can change.
 
I don’t follow the narrative of halting or quieting calls for the parasitic Lewis clan to sell up & leave our club ASAP.
They may not value us as fans, more as cash cows but it’s clear that significant bad PR impacts them, leading to changes.
If there’s enough voices, we can force change. So we must not quieten down. We must not calm & accept the current status quo. We must not tolerate their total inept ownership any longer.

I will certainly keep shouting until the day they depart. Recapitalisation is merely a tweak to current situation, with the Lewis clan still holding the reins whilst leading us towards the abyss.
 
SwindonSpur82 said:
I don’t follow the narrative of halting or quieting calls for the parasitic Lewis clan to sell up & leave our club ASAP.
They may not value us as fans, more as cash cows but it’s clear that significant bad PR impacts them, leading to changes.
If there’s enough voices, we can force change. So we must not quieten down. We must not calm & accept the current status quo. We must not tolerate their total inept ownership any longer.

I will certainly keep shouting until the day they depart. Recapitalisation is merely a tweak to current situation, with the Lewis clan still holding the reins whilst leading us towards the abyss.
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The funny thing is, until they sell, they've never taken a single penny out of us. If anything they are now (belatedly) chucking money at the club. Unless we can come up with a few billion, Sorry, we cannot and will not change anything.
 
Spursex said:
The funny thing is, until they sell, they've never taken a single penny out of us. If anything they are now (belatedly) chucking money at the club. Unless we can come up with a few billion, Sorry, we cannot and will not change anything.
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My comments focus more on them not putting money into the club. They’ve maintained a status quo that keeps us plodding along whilst the value of the assets increases exponentially without pushing us into a position where we can actively challenge.
 
SwindonSpur82 said:
My comments focus more on them not putting money into the club. They’ve maintained a status quo that keeps us plodding along whilst the value of the assets increases exponentially without pushing us into a position where we can actively challenge.
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We need owners with vast pockets for that, the cheating chav's have them and look at the mess they are in, new owners, vast sums of money still guarantees us nothing really. In fairness to our neighbours their owners have spent two decades trying to get it right and I;ve lost count of how much..
 
Spursex said:
We need owners with vast pockets for that, the cheating chav's have them and look at the mess they are in, new owners, vast sums of money still guarantees us nothing really. In fairness to our neighbours their owners have spent two decades trying to get it right and I;ve lost count of how much..
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Or the Lewis's have to sell somethng else to shore up their investment in the club. It's decision time for them.....they cannot operate (cashflow) their way out of this.

If they don't the asset value will decline. Historically, they haven't sold, they've built and held. But COVID has wreaked havoc with Spurs finances. As we have noted before the stadium completion and COVID were the absolute worst luck.

This group do not sell assets when they are down in value. And I do not see a situation where a friendly co-investor will be attracted to working with them. They are controlling interest operators. No one with the money to have an impact on the club will take a minority interest. There are options on that front in terms of structure but you'd have to have confidence in the Lewis's ability to turn things around. After 22 years of brutal football management (at the C suite level) who would buy into that story.

Now the situation is decided I will say what I think. Only relegation could have dislodged these clowns from their control of the club.

There is one other way to do this. Offer an additional 25-35%, approximately 1 billion, of the club to fans as either an IPO or a private offering. With the Lewis's I'd want the public offering so proper financial disclosure is mandatory. The down side is minority shareholder rights are not as strong in the public offering vs the private. But that is a whole other conversation.

On a positive note, Venkatesham took a long time to get Arsenal going in the right direction. de Zerbi was definitely a pick of the new regime. Everything that happens now is as a direct result of the new regime. We can call for Venkatesham's head, and Lange's, but the Venkatesham/de Zerbi duo need time to flex their muscles. De Zerbi actually mentioned Venkatesham in the press conference. That was an important reference.

Ownership aside, this is truly a new and competent duo who need time to flesh out their plans.

Let's hope the brush with death and the associated risk to the value of the club has scared ownership enough to ante up.
 
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Spursex said:
The best time to invest is when a business has been mismanaged, but the industry conditions haven't, if anything they continue to improve.

The issue of course is the lewis's, who they've appointed and who now runs the whole of the business. So far, they have proved themselves good at pointing fingers but failing to make the right decisions in a timely manner.

So if I have a spare half a billion and wanted to make it a billion - then I'd do a Jim Ratcliffe type deal and take control and make money. We are a sleeping docile incompetently managed giant, but that can change.
Click to expand...

It's also the worst time to sell. And on a general basis, we are not yet a distressed asset.
 
80deg16minW said:
Or the Lewis's have to sell somethng else to shore up their investment in the club. It's decision time for them.....they cannot operate (cashflow) their way out of this.

If they don't the asset value will decline. Historically, they haven't sold, they've built and held. But COVID has wreaked havoc with Spurs finances. As we have noted before the stadium completion and COVID were the absolute worst luck.

This group do not sell assets when they are down in value. And I do not see a situation where a friendly co-investor will be attracted to working with them. They are controlling interest operators. No one with the money to have an impact on the club will take a minority interest. There are options on that front in terms of structure but you'd have to have confidence in the Lewis's ability to turn things around. After 22 years of brutal football management (at the C suite level) who would buy into that story.

Now the situation is decided I will say what I think. Only relegation could have dislodged these clowns from their control of the club.

There is one other way to do this. Offer an additional 25-35%, approximately 1 billion, of the club to fans as either an IPO or a private offering. With the Lewis's I'd want the public offering so proper financial disclosure is mandatory. The down side is minority shareholder rights are not as strong in the public offering vs the private. But that is a whole other conversation.

On a positive note, Venkatesham took a long time to get Arsenal going in the right direction. de Zerbi was definitely a pick of the new regime. Everything that happens now is as a direct result of the new regime. We can call for Venkatesham's head, and Lange's, but the Venkatesham/de Zerbi duo need time to flex their muscles. De Zerbi actually mentioned Venkatesham in the press conference. That was an important reference.

Ownership aside, this is truly a new and competent duo who need time to flesh out their plans.

Let's hope the brush with death and the associated risk to the value of the club has scared ownership enough to ante up.
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Feb 2027 is the key. That's when all the minority shareholders are unprotected (we are still a public company) after that date the grace period is ended and the warrants can be exercised that will allow the Lewis's/Levy holding to dilute them to almost nothing, at which point getting a big investor/institution on board would one would hope relatively simple - that is if the Lewises want to go that way, of course all of this might be waylaid by any legal action Levy brings against ENIC - if as some expect, he does,.
 
Spursex said:
Feb 2027 is the key. That's when all the minority shareholders are unprotected (we are still a public company) after that date the grace period is ended and the warrants can be exercised that will allow the Lewis's/Levy holding to dilute them to almost nothing, at which point getting a big investor/institution on board would one would hope relatively simple - that is if the Lewises want to go that way, of course all of this might be waylaid by any legal action Levy brings against ENIC - if as some expect, he does,.
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Definitely an incoming lawsuit. Unless they settle because there is someone in the wings. I think a big part of that spin article was to start the campaign against Levy.
 
Dear Supporters,

On Sunday, despite a season that gave you so little, you gave everything. A full stadium, full voice, full belief, until the final whistle. I have thought carefully about how to begin this letter, and in the end that moment said it better than I can. It is why we owe you honesty about where we have fallen short, and what we are committed to now.

Last September, we recognised that something seismic had to change at Spurs. The Lewis family stepped in and authorised a full reset. That decision was not taken lightly, and it came later than it should have. But what has been put in motion is real, and it marks a genuine break from what had come before.

As part of that process, we discovered some uncomfortable truths. The qualities that make Spurs distinct, our football, our ambition, the connection between the team and its supporters, had been allowed to fade. Football success had not been driving our decisions. We did not have the right expertise in key roles. We did not build squads good enough to compete in the most demanding league in the world. Two 17th place finishes in a row is not acceptable, and we will not dress it up as anything other than falling well short of what this Club expects.

Since September, we have restructured leadership across the Club, with a refreshed executive and football structure. Most of this team are already in post and others will arrive in the coming weeks. The Board are committed to this leadership group and will give them the stability and support they need to run this Club in the right way.

Roberto De Zerbi is signed as Men's Head Coach for five years, a reflection of our belief in his ability and our commitment to build back to where we need to be. He is passionate, committed and positive in everything he does, and represents the kind of football and ambition that Tottenham Hotspur should stand for.

Our commitments to you are clear:

• We will build a squad, led by Roberto as Head Coach, with the right blend of experience, youth and leadership to compete at the highest levels of Premier League and European football.
• We will invest across multiple transfer windows to rebuild, balance and strengthen, with this summer representing an important first step in that work.
• We will continue to modernise our football operation, with a significant focus on raising standards across medical and performance.
• We will increase investment in the Academy to ensure that the pathway from youth football to the first team is one of the strongest in the country.
• We will build on a strong season for Spurs Women by continuing to invest in a world-class women's team, led by Martin Ho.

Since becoming Chairman, I have realised that Spurs fans are built differently. I have seen it over and over again in the last nine months, across every generation, in every conversation. Even in the darkest of seasons, you showed up and carried this team. That loyalty is not something we take for granted. It is something we are determined to be worthy of.

There has been speculation about ownership and the future direction of the Club. Let us be direct. Tottenham Hotspur is not for sale. The Lewis family are wholly committed to this Club and to this rebuild. They will provide the stability and investment needed at every level to move us forward, and they see that as a long-term responsibility, not a short-term fix.

This season fell well short of what Tottenham Hotspur demands. We must be in the fight with the best teams in this league, every season, and we are rebuilding this Club with that standard in mind.

This Club lives in the hearts of everyone who has ever loved it. It has been carried through living rooms and stands, weekends and long journeys home.

We will get back to where we belong.

Peter Charrington
 
80deg16minW said:
Or the Lewis's have to sell somethng else to shore up their investment in the club. It's decision time for them.....they cannot operate (cashflow) their way out of this.

If they don't the asset value will decline. Historically, they haven't sold, they've built and held. But COVID has wreaked havoc with Spurs finances. As we have noted before the stadium completion and COVID were the absolute worst luck.

This group do not sell assets when they are down in value. And I do not see a situation where a friendly co-investor will be attracted to working with them. They are controlling interest operators. No one with the money to have an impact on the club will take a minority interest. There are options on that front in terms of structure but you'd have to have confidence in the Lewis's ability to turn things around. After 22 years of brutal football management (at the C suite level) who would buy into that story.

Now the situation is decided I will say what I think. Only relegation could have dislodged these clowns from their control of the club.

There is one other way to do this. Offer an additional 25-35%, approximately 1 billion, of the club to fans as either an IPO or a private offering. With the Lewis's I'd want the public offering so proper financial disclosure is mandatory. The down side is minority shareholder rights are not as strong in the public offering vs the private. But that is a whole other conversation.

On a positive note, Venkatesham took a long time to get Arsenal going in the right direction. de Zerbi was definitely a pick of the new regime. Everything that happens now is as a direct result of the new regime. We can call for Venkatesham's head, and Lange's, but the Venkatesham/de Zerbi duo need time to flex their muscles. De Zerbi actually mentioned Venkatesham in the press conference. That was an important reference.

Ownership aside, this is truly a new and competent duo who need time to flesh out their plans.

Let's hope the brush with death and the associated risk to the value of the club has scared ownership enough to ante up.
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Not sure we’ve seen the evidence that this is a “competent duo”. RDZ is but Venkatesham has proven that he’s your typical political mover by deflecting challenge constantly & not progressing us as a club, to the point that we’ve been in a final day relegation scrap. Management ineptitude of the highest degree.
 
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