THE EGM
You know what it’s like. You’re standing at a bus stop waiting for ages and then three come along at the same time. It’s been a little quiet from Mr Chairman recently, quotes wise. We’ve had the leakage of the alleged new Spurs stadium (plans have been drafted and fired across to the council). Would seem that rebuilding WHL and having to ground share is the most likely outcome. Then Levy gives us three shots of Levyisims.
I’m going to work through all three.
First up, The EGM – which took place on Monday 25th Nov at 2pm. Below, with comments.
Before we start on the official business I should like to say a few words to the meeting.We have much to be optimistic about going forward and that is what I wish to concentrate on today. We have made changes recently in order to strengthen our position in several areas. This is a dynamic business and as such we have to constantly respond to changing circumstances, some within, but many outside, of our control.
Have to give him credit for the ‘dynamic business’ explaination, with a slight nod to ‘some within’ and ‘many outside’, in reference to control. Some within? How about all of them within? The fire is started by the man holding the matches.
As a result, these last three months have been testing times for us all. Both the Club and I personally have endured much criticism. We have absorbed much blame – very little of which was justified with facts. But we elected not to respond and rather to hold our counsel. We took the clear decision that we would not discuss private matters in public and we did this in the long-term interests of the Club and all parties involved.I should now like to take this opportunity to once again thank Martin Jol, Chris Hughton and Hans Segers and wish them well in their future careers.
Again, this is textbook. Deny everything, sometimes with silence, sometimes with carefully constructed propaganda. I mean, come on. To state that discussing private matters in public is something the club did not do is hilarious considering the Kemsley/Ramos fiasco. If that's not publicly telling the world something is amiss at the club, I don’t know what is, whether you meant it or not. As for all the media coverage that followed, what do you expect from the tabloids finest? They never print the truth in its entirety, as distortion makes for better reading. You handled the whole affair with a distinct lack of class, playing into the hands of the media.
Nice touch with the ‘thank yous’. Magnanimous.
We have a new and respected coaching team and I look forward to introducing Juande to you after the formal proceedings today and for you to hear his thoughts on the remainder of the season.The performance of the business means that we retain the ability to invest and, in respect of players on long contracts, we have no need to sell. It is noteworthy that all key players are on long-term contracts with the exception of Jermain Defoe, who has expressed publicly that he wants to remain at the club and I put it on record that we want him to stay.
The mention of ‘he wants to remain at the club’ is ominous. Sol Campbell anyone? The fact that Jermain’s agent is Sky Andrews should tell you everything you need to know about the situation. There’s no doubt that the player is doing the right thing from his own personal perspective. He doesn’t play every game, he doesn’t start every game. He could do so at another club. Fact is, he’s a bit shit. He hasn’t developed over the past 3 or 4 years suggesting he lacks the required footballing brain to become International class (yet alone world class). And with money being one of the main priorities of the modern day footballer, with Andrews’s guidance, why not seal a move away and earn a fair amount on the way? LOL, I said ‘earn’.
Defoe has to sign before the Jan transfer window, or he’ll be sold.
I should also like to correct newspaper reports that have existed, despite my denials, that ENIC has agreed to sell its shareholding in the Club. For nearly 7 years we have, I believe, moved this Club forward, but have had to endure constant speculation from those who would seek to detract from what we are achieving. For the record yet again, no offer has been made for the Club during my time here, not even by Roman Abramovich as was so incorrectly reported.This year sees us report record financial results. TV, sponsorship, retail, ticket and corporate hospitality revenues have all contributed to an increase of 39% in turnover and good management of the business has seen profits rise to 31% of turnover. We have continued to upgrade the Ticket Office and this has now been relocated to Paxton Road. Service levels are critical in this area of the business and it is important that we continuously evaluate and raise standards of delivery. We have centralised customer service and this has been well received – we shall, however, continue to seek further improvements.
Yes, yes. You’re rich. We get it. Bagel sells alone in the West Stand should help pay for its renovation.
Investment and work on valuable community-based projects through the Tottenham Hotspur Foundation continues to go from strength to strength. In conjunction with our application for the Training Centre at Bulls Cross is a commitment to deliver a 10 year outreach programme within the local community worth in excess of £2.3m.We currently have a minimum of one player per week attending a community event in areas local to the club and our facilities. It is a tremendous commitment not only by your club, but also by the First Team and Academy players who derive a genuine benefit and enjoyment from this aspect of their footballing lives. It is also a much valued and appreciated service to the communities.
Earlier this month we also launched our Spurs Learning Zone – a dedicated state of the art facility located here at the stadium, that will host daily classes of up to 30 local children, providing them with access to cutting edge information, communication, podcasting and digital editing technologies - a resource much welcomed by our local council.
Not only as a football club, but as a business in general, the level, quality and effect of our contribution to communities and good causes, is outstanding and sets us apart. We should recognise this and be rightly proud.
I have nothing sarcastic to say on this. Other than the £8M spent on Kaboul could have gone to the Spurs Learning Zone. Bit more value for money.
Looking to our capital expenditure projects - In respect of the stadium I can report, as promised in January, that we have refined our options. At this stage, as I am sure you will understand, it would be commercially inappropriate to discuss these in further detail. To date, Matthew Collecott and I have directed the project and we are making substantial progress. Last week we added to our project team with the appointment of Paul Phillips, who will be the project manager on a day-to-day basis. Paul has a proven track record in delivering complex stadium solutions and was the project leader on the Emirates Stadium.We should all be conscious of the fact that we face significant hurdles and disadvantages in our search for an optimum solution to increased capacity. For example, with our current location, we do not have inherent land values in Tottenham that could drive enabling development and regeneration. Additionally, the Olympics is taking significant public funds out of the public purse which could assist with any major schemes. There is no easy option for us but we are determined to find a solution. We shall announce our preferred option in the first half of 2008.
Please be assured that your Board is applying the same vigour and determination towards achieving a successful outcome on this capital project as we did for the Training facility and I am pleased to be able to report good news on that now.
I hope we don’t leave WHL. I’m willing to wager we don’t, though ground sharing with West Ham makes me taste vomit every time I think about it. I’m sure everyone will know the final decision before the official announcement. Just keep an eye out for bit torrent links in Spurs forums. One thing I will say. If we remain at WHL, for the love of all things transporty, please give us an underground station within minutes of the stadium. Fucking bribe someone if you have to.
We achieved a terrific step forward with future plans when earlier this month Enfield Council Planning Committee voted to grant planning permission for our Football Training Centre – a combined First Team and Academy facility - at Bulls Cross, Enfield. We were absolutely delighted with this outcome, the culmination of years of hard work and determination by a dedicated in house team and external consultants. The application will now pass to the Mayor of London and the Government Office for London for final approval.I shall now ask James Budd of architects KSS to make a brief presentation on an overview of the scheme.
Thank you James.
As you can see it is an outstanding facility – the creation of a world class First Team and Academy training facility set on over 60 acres and we have now achieved an important first step towards realising this vital project for the Club. It will be instrumental in attracting the best young talent and afford our current squad state of the art facilities in which to train over the season.
See. Bribes do work. As for attracting the best young talent, doubt we can compete with Wenger and his world wide circle of friends. When was the last time Spurs developed and progressed ‘young talent’ into a prominent role in the first team? Ledley King? Not exactly West Ham’s academy is it?
Our Academy is already home to some of the most outstanding young talent in the country. When much has been said about the need to nurture young home grown English talent, you can be proud that your Club boasts no fewer than 8 academy players in the England youth teams. Additional to this are a further 8 players who represent their countries at youth international level. The Club now has a total of 34 international players and 7 full England internationals.
I stand corrected. We already have the talent. I await to see if Pekhart, Dixon, Parret and company ever make it pass the reserves. Our youth players always get a big shout in the match day programmes but then end up at Orient on loan. Then sold to Hull or someone of equal standing. As for 34 international players, you’ve included Ghaly in that total, haven’t you, you cheating dog? And at this current moment in time, having 7 England internationals is really nothing to shout about. Especially as the only one who would stand a chance of a consistent place in the team is King, and he’s injured.
We shall keep you informed as we progress the Training Centre project – our current timetable aims for completion in the summer of 2010 but I would stress once again that there are still further stages to be passed in the next few months and we should also expect opposition to continue. I would ask that you continue to give it your support as we progress through those stages.In closing, I should like to thank everyone at the Club for their contribution to last season's success and to the Club's supporters for their magnificent support. This year we celebrated our 125th Anniversary – a notable landmark for a great football club – but equally important that we now look ahead with confidence and ensure that glory is not a term used only to recall events from the past. We have much happening now that will impact greatly on our future.
Thank you
Believe me. We won’t be forgetting our 125th Anniversary in a hurry. It’s been a notable landmark alright. Like the time a porn star failed to get wood with Jenna Jameson. PATHETIC AND LIMP.
‘Glory’ will always be synonymous with the past, because our success is firmly placed there. The sooner all mention of 1961 is banished from the terraces and the directors box, the better.