Daniel Levy’s rap sheet with an increasing number of dissatisfied Spurs fans doesn’t read well. The European Super League blunder possibly tipped many over the edge, but personally, I believe the reaction to that was largely exaggerated by the psychological effects on folk by the pandemic lockdowns.
Martin Lipton for The Sun asks this morning that the Tottenham manager shambles is a horrible, smelly and unpleasant mess… what must Harry Kane be thinking?
Mourinho binned a week before a cup final – with the allegation having been made it was all about saving money – was then compounded by Julian Nagelsmann, then Ten Hagg, then Conte all saying thanks, but no, thanks to the opportunity of a lifetime at Tottenham Hotspur Football Club.
We are given to understand that Levy still wants it all his own way, and this business of seeking to foist Ryan Mason and Ledley King on any new coach must surely lack appeal. Certainly, Antonio Conte felt that to be the case.
A deal with Paulo Fonseca appeared small but close and then was suddenly far away, just like that Father Ted sketch.
Lipton, like most of us, probably knows very well what Harry Kane is thinking. The wheels have fallen off the ENIC Sunshine Tours bus and the time has come to start sacking board members. Joe Lewis is a sharp operator and questions are now being asked about the lack of intervention.
I think Lewis is quite happy with he job Daniel is doing. So long as Daniel can handle the heat, Jo wants him in the kitchen. Lewis would have stepped in by now if he was going to…
After 22 years and one minor trophy he has no lives left for me. The man is wasting everyone’s time…
Totally right you’re going to need backing of £3 billion to buy Spurs.
You’re assuming there is emotion in Enic/Tavistock/Levy/lewis’s decisions.
It’s a £1.66b company why would you sell it below value. Tavistock/Enic will only sell if their price is met which include future value of owning capital assets.
what would be the reason(s)they would sell?
You’re absolutely right. We have always been for sale but Enic’s valuation has deterred serious buyers. Aside from the stadium debt, there is the cost of rebuilding a broken team which will not come cheap. The only hope that Enic will drop their valuation is if fans demonstrate vociferously, the stadium is deserted and we flirt with relegation.
We’ve grown to a 1.66billion pound asset (based off forbes valuation) for Enic/tavistock, where would Lewis be the slightest bit upset from an original payment of £22m. (Newcastle are about £200m currently)
Money and spreadsheet wise the are little concerns. Winning is not a concern at this growth.
We’ve always been up for sale by the way, just never met Tavistocks valuation.
Not enough of our fans care.
When the fans decide his time is up, it’s up. The fans can force him and Lewis out.
None, he has to go no if’s no but’s. They are all about profit over success, and we’ve had 20 years of this crap. NO more.
I am well aware that the debt is leveraged against the club as I have been strenuous in pointing out in other recent posts. As for Levy’s incompetence in footballing matters of course it has cost ENIC. If executive errors are impacting your profit margins then it is costing you money. How many millions has the club paid out in severance payments to sacked managers? How much did the failure to buy Grealish and Sancho alone cost the club? 100 million? How much did allowing Eriksen to run down his contract cost the club? Another 100 million? The list is extensive and runs to well over a quarter of a billion pounds of lost revenue.
It was always the plan to use THFC as the centre piece to this wider project in the area. Just as a body to saddle the debt on….it was never about football, there’s been little complaint in the last year’s cos sadly a large portion on the modern fanbase are budgies hypnotized by shiny things, they saw the stadium and got all jelly legged. The PR and spin has been of political stature. Everton fans are now being infected with the same delusion….they’ve seen the plans, they’ve started to dream of glory…but in reality it’s just the end of another grand old English football club. Kyle Walker and Ancelotti knew it means nothing, the fans seem the last to realise, it’s a painfull thing to confront.
It’s exactly what he should do.
Lewis is the controlling shareholder. He could sell his 70% to a new shareholder/owner , leaving Levy as a minority shareholder. This is potentially very dangerous for Levy as he would be a minority shareholder in a private company, in other words without any rights. Having said that, I cannot imagine that any new owner would want Levy stinking the place out.
Depending on who he sold his shares to, Levy would still own 30percent or more of enic.. They would both have to agree to sell to give up power.
Yes, SAGE are an enemy force in this country.
Yaay a trophy
Levy’s incompetence in football matters hasn’t cost ENIC anything,it has only impacted their profit margins.The debt is all leveraged against the club.
Your last word sums it up nicelyIt is now time for Lewis to say”Sorry Daniel it’s not personal,just business,now step down”.
I can’t imagine a day in my lifetime that Daniel Levy won’t be involved in THFC. He’s too invested.
The big question is, can he change his role so that he less involvement in the footballing side of things? With a heavy heart I think the answer to this is no and I’ll explain why.
In answer to the question of how many lives does he have? He has as many as he wants..
Although I agree with many of your comments, particularly as to why Spurs fans are so supine and blase and refuse to be as enraged as the Utd fans are with the Glazers, there are a couple of your statements that are incorrect. He can be removed as the chairman whilst owning 29% of the shares as Lewis owns the balance. His removal as chairman would not alter his ownership of the shares. Lewis is not his uncle. Levy’s father and uncle are childhood friends of Lewis’s and I believe that Lewis is his godfather.
Levy has made it impossible for him to be removed as chairman! he owns 30% of the club, his uncle owns the rest and won’t go against him, not just that but he has wracked up debts to the tune of nearly £1 billion ensuring nobody with any sense will bid to buy the club with that much debt, even if a bid of £2 billion came in, Levy/Enic would want 3, not just that but Enic/ Levy have financed against the club and not with there own money, why is there no outrage like the Man Utd fans against the glazers when they run up debts against their club? To make matters worse Enic/Levy continue to gain planning permission for more buildings around the ground for non-football profit making facilities/opportunities, look at the plans that have been granted to continue there properly portfolio, it’s never ending! can you imagine how much Enic and Levy will want when they have this vast empire all built? Too much thats how much, meaning they will continue to be our owners for a long time into the future not caring about our football club but just having layer after layer of profit streams coming in from all directions because that’s all they love! Let’s face it we are just part of there property portfolio now as we can all see, we are just another revenue stream for them, football and winning does not matter to them, that stadium was built just for profit not to make us European champions. Another revenue stream Enic and Levy are building is a golf course, research it, unbelievable I know but true. Our football club has been sold out for profit! These profit hungry leeches won’t change as long as they are there, we need to start boycotting games because when there profits drop it will make them sit up and notice, we have to boycott some games and stop buying there merchandise and walk out on a given minute of the game to embarrass Levy and Enic, how about all walking out with 20 minutes to go for the 20 years of failure they have given us! Tell me Levy wouldn’t be squirming in his expensive seat! Some songs need to be sung at games aswell mocking Levy, we could have so much fun doing this while getting our point across, how about vocalizing the circus theme song that would infuriate him if we all joined in. I’m sure we could think of lots, we have to make it as awkward as possible for them, i have been a Spurs fan for 45 years but never felt so bad and worried for the future of our great club.
Enic/Levy Out.
I imagine those same disgruntled Hammers supporters are happy now!
it’s a funny old game!!
Levy might be mentally unstable but Sage are run by communists and and although Levy is many things, he is certainly no communist.
Two reasonably well placed sources but I am sure you understand that ITK is generally inaccurate. I wonder whether Levy is really trying that hard to appoint a manager or whether it is a deliberate delay pending an announcement. Lewis keeps a much closer eye on what is happening at the club than the fans think.
I wouldn’t even let him direct the traffic in the car parks!!
Having Levy involved in any capacity with THFC is like a Mules Tool. It’s neither useful, nor ornamental. That’s my opinion and has been for years.
DD as much as I believe that there will be a toxic atmosphere inside the ground, I still think the attendances will sadly be very high as the waiting lists on season tickets are ridicously long. I hope you’re right with a sharp decline, as that is the only way I can see a change in owership.
Based on what? I’m not challenging you, just curious.
Remember a few years back at West Ham when some Supporters attacked the Dildo Bros in their Private Box. We laughed at their antics, well we are not laughing now.
The thing is the bus never had wheels…..just illusory wheels. It was always stationary, plotted up on brinks, bound for the scrap yard. This blog and a handful on it were aware of this, now the mirage has lifted it seems.
Levy should go and work for SAGE.
As many as he wishes.
My belief is that Lewis is actively looking for a buyer.
Good question H! One assumes, as godfather and godson, as well as 30 year business partners, that Lewis and Levy are proverbially ‘as thick as thieves”. Hence, in spite of egregious transfer errors, huge managerial appointment mistakes and other episodes of executive incompetence, which have literally cost ENIC tens of millions of pounds, that Levy is well nigh on immune from the kind of summary dismissal which would usually accompany such managerial ineptitude.
Either way, even in the unlikely event that Lewis sidelined him, the ‘modus operandae’ of ENIC is not going to change and there is no guarantee that a replacement for Levy would be any more competent. The bottom line therefore is that ENIC and Lewis will continue to suck the life out of the club until they sell it. At which point, they will parasitically extract at least a billion quid in personal profit on their (minimal) investment, to the detriment of the club and as an added insult to its supporters.
I can’t see Paratici lasting too long because so far he has connected us to a manager who wants to spend 100-200million plus to win trophies, an underwhelming nobody whom he fucked over and a lunatic with a poor track record!
Eight weeks today we play Man City at home. In that time we need to hire a manager, deal with the Kane transfer and sort out the rest of the recruitment. Levy will let the team limp into the season with inadequate resources, He’s an absolute fool.
Harry. agreed but should the anti Levy lobby/ toxic atmosphere inside the stadium combined with a sharp decline in attendances get so bad it could force ENIC’s hand to selling the club for a “sensible figure” ?!!
I presume you mean they will want TWO billion to walk away … i.e. a billion to cover the debt financing of the stadium and a billion to parasitically enrich their personal bank accounts, in exchange for one trophy in 20 years. Lewis and Levy will not accept less than 2 billion, guaranteed.
Levy/Enic/Lewis are here for the long haul, Spurs have always bought cheap and sold high……same goes for buying them out, they will want at least a billion to walk away and no one in their right mind will pay that with the debt on the new stadium.
A restructure that isn’t put in place by Levy would be a start. He goes upstairs and runs the overarching business – plenty of other areas he can micromanage, maybe he can interfere with kit designs or beer brewing or something – and sets a set of budget parameters for the DOF who is the manager of Spurs’ football operations. He then steps back. If the DOF fails he is replaced. The budget remains. The decisions are not Levy’s. The DOF is responsible for club wide ethos and footballing decisions.
None of this will happen of course because Lewis gives zero Fs about this part of his business empire right now, it’s not losing him money.
Given incessant flack he takes from all quarters it’s a good job that Daniel Levy has
broad shoulders!.Whilst we can all rant as much as we like realistically what’s the viable alternative??
‘Levy wants it all how own way’ Exactamundo. That is why I cannot see Paratici lasting too long at Spurs because he is effectively a glorified PA, providing options for Daniel to ultimately sign off on. If Levy has the final say on player recruitment and appointing the manager, what has actually changed? Lewis needs to take Levy out of football matters altogether and assign him to a new land management role.
The TV money is running in and ticket sales sparse but there and the gooner games and the like will sell out. He has been wealthy and spoilt all of his life and his self-righteous stubbornness will ensure he goes nowhere until a silly offer comes in, then he will fight till he gets his own way. Honestly, his ivory tower and entitles attitude will not stop. Just like the players who give little, not all thank goodness, after the pleasantries, they hop into the Aston, turn over the engine and look for entertainment. All you can do us walk away, take the kids to the park, do those bucket list things you have always wanted to do, spoil the wife, be happy. Remember those selfish bastards only care about themselves and all publicity is good publicity. Why drive yourself mad?
Good point. After 4 seasons on the bounce with CL footballing riches pouring in, the investors will notice the difference, especially if we drop down to the championship when Harry decides to join a proper football club. Or even if the fall back into mid table mediocrity the TV monies will also dwindle alarmingly. If Son also leaves what is there to attract the cameras?
Levy has single-handedly turned the THFC brand toxic by his bizarre behaviour in recent years. Whilst he’s been tight for virtually the entirety of his tenure, for example not paying Eriksen what he was worth and causing bad feeling in the dressing room, it was the treatment of Poch – the manager that over-performed, that started tongues wagging amongst the more intelligent fans able to see past their noses. Those 2 transfer windows without a solitary addition to the squad when we were actually on the cusp of greatness should have sent alarm bells ringing as the sole motive appeared to be saving money whilst sacrificing trophies.
However his antics this year have been utterly crazy and lend me to think that he is suffering from some mental illness quite severely. No normal person would do the things he has done recently. The way he has careered around managers like the ball in a pinball machine, becoming ever increasingly more desperate with each refusal to manage enic fc are the signs of somebody losing the plot, and that’s being generous.
He has made his bed over the last decade, now he has to lie in it. I should imagine it’s extremely uncomfortable. How the man sleeps knowing he is the most hated individual in world football is beyond me.
Is Danny boy now holding the country to ransom. Is he responsible for harrys drop in form for England. Is the idea of having to waste another year of his life toiling to save the baldy ones bacon the reason Harry is unhappy.
When I chose THFC decades ago I didnt care about anything but the football. Levy is useless at the footballing side so investors will certainly take notice of falling profits if THFC continually miss out on CL and the huge monies that go with it.
I wonder can THFC scoop another accolade and mange to become the first club in Premier League history to fail to sign a single manager in an entire window. There should be a trophy for that, surely 🤔
If you are a decent manager that doesn’t know the daily ins and outs of this football club, and Levy contacts you, all you have to know is that a manager who has won trophies everywhere was sacked 6 days before he could win a trophy. You wouldn’t know how the fans felt about the football, whether Levy was trying to save money, or if the dressing room was toxic. If it were me I wouldn’t even get past the first phone call before saying no thanks.
All Levy’s doing, chickens coming home to roost.
Uncle Joe’s too busy buying art with his profits to care about what happening down the High road that is Tottenham. Levy’s likely to be last man standing. Remember, it’s always everyone else’s fault before him.
Levy is not going anywhere because it appears from the financing deals that the investors / backers by and large trust him to run the business prudently and thus protect their long term interests. Sacking him would not only need his Uncles backing but could cause problems with said investors and I would not be surprised if there are clauses in place that require their support for board changes at Chairman level.
We are stuck with him.