Levy fails Spurs
It beggers belief that at the end of the transfer window Spurs have made a profit on transfers and have seriously weakened a key part of the team in the process of lining Levy's and Enic's pockets but that is exactly what has happened.
Yes Levy was left in a difficult position when both Keane and the new judas both demanded to leave but failing to replace 50 goals between them is going to make our season difficult. While he was willing to screw every penny out of United at the expense of team moral and a good start to the season he was not willing to spend the profits. Thus we are left with Bent, the fourth choice from last season, an unproven Russian who is cup tied in Europe and a loan signing for our strike force. A disgraceful situation to go from the best strikeforce in the league to one of the worst in 3 months.
Now the Levy apologists are already defending him but this is not an excusable offense and unfortunatly we all know the true reason behind it all. GREED. Yep, that's right. Over the last couple of years Enic has been using a share preference scheme to up their share holding on the cheap. Using this scheme their holding in Spurs has increased from 30% to around 80% enabaling them to increase their holdings on the cheap. Suddenly last season Spurs decided to pay a dividend, the first for years taking £6 million or so out of the club and thus away from the transfer kitty. I'm sorry, had we qualified for the Champions League? No but Enic did own most of the club and thus benefited the most from the dividend payment.
And now this is happening again. While we are fleeced at the turnstyle Levy is making a fat profit for his next dividend payment.
Time to go Daniel, your time is up.