Martin Lipton knows what is going on a Tottenham, and tells us that none other than global megastar Lady Gaga is booked to appear at the Spur stadium this summer.
Lucrative concert deals are all part and parcel of ENIC’s master plan to generate non-football-related funds. New Yorker Gaga has recently released ‘Hold My Hand’ the power ballad she co-penned with BloodPop for the reboot of the classic action film, Top Gun. The original Tom Cruise vehicle famously won a Best Original Song Academy Award for Tom Whitlock and Giorgio Moroder’s ‘Take My Breath Away’.
Lipton believes that this concert, along with the much-awaited Guns n’ Rose’s show, will boost the profile of the arena and could tip the balance in favour of a sponsor stepping up.
The path to gain naming rights funding has been a fruitless one, so far, with the club flip-flopping between trying to source a buyer and outsourcing the task.
The naming rights have gone …Forbes Rich List Stadium.
See how much bacon Gaga has out ..might put off a few..
If you buy an asset, like a company or a stock, it is recorded at the price you paid for it. When you sell it, you realize a capital gain or loss. Yearly statements of P&L are for transactions and sales.
Where did I assume this? Anyone could buy Spurs. I was just using Bezos as an example.
The NFL doesn’t care who owns the team. Goodell would have a team in North Korea if it made money for the owners.
Surely ‘the edge of glory’ is more appropriate? It’s Levy’s goal
Your assumption is that the only potential purchasers are Americans. Is it now illegal for a Chinese billionaire to buy the club? How about an African one? How about a South American one? And given the current love affair, what about a Ukrainian one??
Did the deal with the NFL have clauses in it saying that the NFL can veto a sale of the club if they don’t like the new owner?? Or terminate the contract??
Sorry I don’t get this, what does profit on the sale have to do with this ? Profit is relative, when the business was bought in 2000 it had a value at that time ,capex and opex was increased so if they sell it for say 2B they wont pay more tax? Or am I missing something,your yearly financial statements on profit and loss determines your tax obligations. Obviously there will tax applied for the sale but not based on purchased price to selling price.
🔥🔥🔥
Booooooom 🤣
Agree
I think there are plenty of willing buyers, but a sale at these valuations (2B+) will trigger a huge tax event which Enic wants to avoid since they only paid less than 100m in 2000. The leverage is not a problem for buyers.
Ok, I’m done with the finance bit. If anyone wants to know more about this just ask but otherwise I’ll stick to football, or more likely, rumours about football.
NUFC were cheap. Nobody with a capital N is going to buy us at the price Levy wants. Despite all the interest in CFC, particularly from the US, why was there no interest in us? Our stadium is built with a particular bias to the NF. Oh, I forgot that THFC are anchor tenants and if anybody thinks that the announcement of raising capital to the tune of £150 million will be going into the transfer kitty, they are completely deluded. This is just another Levy smoke and mirrors announcement.
The GaGa stadium… seems legit when you look back at ENICS tenure so far
Take My Breath Away… as heard in the Liverpool medical room, apparently.
We’ll see. And now back to football.
I have to disagree. I think we’re unsellable. The leverage has been well and truly levered. I’d buy Brentford if I had that sort of money…
All the other stuff is frankly hateful ☺️
All football fans are interested in is football.
All the other stuff is just mildly interesting as a means towards an end.
My suspicion is that naming rights have not yet been awarded because the club is for sale and Lewis has instructed Levy not to do anything that could turnoff prospective buyers. Do you think Jeff Bezos would buy a team that plays in the Alibaba stadium for example?
Levy has already bungled the stadium construction running way over budget and time. He’s proven to be inept as a footbal general manager. The sale is too important to risk because of some potential debacle over 20m naming rights.