Writer: OyVeh Maria
Date:Wednesday November 21 2012
Joe Lewis our venerable owner and owner of the Tavistock Group describes Spurs in its investment portfolio as: 'One of the oldest clubs in the English Premier League.
Tottenham Hotspur has won its share of glory since the club was formed in London's Park Lane in 1882. History-making accomplishments over the last six decades combined with a fan base of 20 million worldwide, a growing roster of international stars, and a significant television presence have made Tottenham Hotspur a global force on soccer's international stage.'
ENIC and Levy took over Tottenham Hotspur in 2001 and over the next few years slowly Lewis and Levy invested in Tottenham FC whilst disposing of their stakes in other football clubs as well as media and entertainment businesses to fund the purchase of Alan Sugar's remaining shares in 2007. ENIC continues to build up its stake and currently holds 85% of the club.
Lewis and Levy obviously recognised Spurs as having the most potential for success of all of their clubs that Lewis owned. Joe Lewis himself is currently listed by Forbes as the 290th richest person in the world and is 7th in the UK list with a net worth of $3.8 Billion. He spends a couple of months a year working from his yacht, the Aviva III, and has a vast art collection including works by; Picasso, Matisse, Lucian Freud and Francis Bacon.
As a Spurs fan I have grown used to experiencing the highs and the lows but I don't quite remember a time when I have felt so confused about my club. Neither are we getting consistent results, nor are we getting consistent performances. We don't mind winning ugly it's when we lose ugly that's when it really hurts.
Under Harry we went from bottom of the pile, struggling to get a win, to playing in the quarter finals of the Champions League. We were told that Daniel Levy wanted to take our club in a 'different direction' to the one that Harry would take us. Much talk was made about a new man who could 'take us to the next level'. Enter AVB!
There is a problem though, and it shows every time you read an article on VS or look at any of the Spurs blogs or stroll into the pubs around N17. What is the root cause for a lot of Spurs fans frustrations on the terraces and outside of White Hart Lane? Its two things: We have had a taste of the big time and we really liked it and we want more.
We have a new Manager who we now expect to take us to the next level. We also expected a cheque book to come with him. Instead, the start of the season saw us balancing the books. VDV and Modric gone and Siggy, Dempsey, Lloris and Dembele in instead! Last January it all kicked off when Danny wanted to get the Olympic Stadium as our new home. The NPD was going to cost too much. Now the OS is out of reach because our Daniel got up too many political noses. So here we are with the NPD as our new home.
I have to ask the question? $3.8bn, 7th richest fat cat in the country! What Mr Lewis and Mr Levy are you going to do in January to help your new Manager? The Fans want to know if the NPD and our New Training Centre has killed any chance of AVB strengthening the squad? If Joe value's a Matisse or a Picasso more than he does a new player then that his prerogative but you won't mind then if we ask you to give us back our club so we can find an investor who would like to take our club to the next level.
So, in January, will it be a case of 'give yer' man the tools and he will finish the job'? or is it 'put up or shut up cos' we can't afford the New Training Ground and the NPD and get expensive new players as well'?
Written by OyVeh Maria
Date:Wednesday November 21 2012
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