Tottenham’s ongoing troubles on the pitch certainly haven’t spilled out into Daniel Levy’s property ventures, which look set to only go from strength to strength. According to the Tottenham and Wood Green Independent, approval has been given for another development near the football stadium. Specifically, 72 homes and a new cinema.
The mock-ups look good, it has to be said. Some people look like they are going to be offered interesting, modern homes. We talk about football in this place, and football fans do tend by their very nature to be more interested in what clubs are doing about that aspect of their empires.
I note a fair amount of white noise criticism on social media when it comes to ENIC spending on non-football matters.
For clarity, there’s a decent breakdown of how Daniel Levy’s other business interests are laid out here.
That said, I take a view that your average fan in the street probably doesn’t care to wade through the minutia of individual company registration details. As a consequence, the longer the football isn’t fit for purpose, the worse the scrutiny and the noise will become.
LOL
He will probably rent them opposed to selling. More money and constant income in the longer run. Also when ENIC eventually sell their shares it adds more to the overall value of the club.
I clicked on this eagerly in the hope there was a quality signing or two we were in for… Levy is the gift that keeps on giving… Sort the fcuking team out for fcuks sake.
Enic have no interest in football. This got that maggot Levy harder than signing 25-year-old Messi on a free. Utterly disgusted.
Sh*terati. 😂😂❤️❤️
They’re crooks in private jets, like the rest of the sh*terati that run the planet these days…
Building flats has nothing to do with football. So well done Daniel for doing something thousands of other developers do every day. You’re still sh*t at running a top flight football club though. As the ONE League Cup in 23 years demonstrates…
72 flats and a cinema cost £400 million, how much is he going to sell them flats for in tottenham ??
This property development it costs £400 million, no wonder the club is a £1 billion pound in debt the money is used other than football can you imagine he can’t even pay Traore the crap he wants him on loan. we are doomed with Enic/ Levy in charge and no way out this is more than a curse I guess.
btw, its not just this new development, they have more ongoing projects around the stadium already including the purchase of a golf course….as discussed, money is never a problem – Levy just doesn’t like footballers..
Its set out that way as they can use THFC’s profit for development funding without complications. I couldn’t see the new training ground (have seen this before so just skimmed it) but assume thats under THFC as well. Technically THFC owns the companies that build the property (until they are sold or leased) but we will never really know what happens to any profit or income generated as it can easily be filtered/lost in bonuses and contractor payouts – such as Levy’s other personal companies not listed….not sure how they get away with saying this has anything to do with football is beyond me, would that be the FA?
Too true, alas, James!
I like it!
🤣🤣🤣🤣🤣
Enic do property, infrastructure and corporate eventing. They don’t do football. The only way these new buildings could be of use to our long suffering fans is if there were built in front of the Spurs goal.
I think if we’re going to debate these things, it would help if we got the facts right!
That said, Levy needs to focus on spinning the one plate, marked THFC
Harry, thanks for trying to clarify & inform those who are a tad myopic about ‘ENIC & their business(es)’ but of course you’re right, most won’t care to entertain the ‘facts’ whether they understand them or not.
You wrote an article about 2 months ago that stated something similar to, “maybe it’s the fan base that’s the problem,” & sadly, sometimes it is.
(& before anyone accuses me of being a ‘be-Levy-er,’ I am not).
When you’re old and grey you can tell your grand kids about your great Tottenham memories, all about the great interest rate Spurs got on their collateral loan obligations.