Preview

Tottenham Case

Powerful Essays
Open Document
Open Document
1260 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Tottenham Case
I. Introduction
Tottenham Hotspur Football Club is an English football club that founded in 1882 and located in Tottenham, London. Tottenham has been playing in the English Premier League and was one of the oldest teams ever played in the Premiership. Tottenham was the first English football club to achieve the League and FA Cub Double by winning the competitions in the 1960-61 season. Tottenham’s history shows a successful career with the trophies for the past six decades.
Tottenham own a home stadium called White Hart Lane with capacity 36,500 audiences. In 2008, Daniel Levy, chairman of Tottenham Hotspur Football Club is considering some possibilities to bring his football club to the upper rank of the British Premier League. Achieving this goal requires Levy to consider about two things: First is building a new stadium and improving the team’s quality by building a new practice facility or training ground. Following other competitors such as Arsenal, Manchester United, and Chelsea that being able to get some added revenues and gain a competitive advantage in the player acquisition market provided by developing a new stadium.
Levy as a chairman of Tottenham Hotspur football club who understands the dynamics of football clubs and ran the club to endure financial stability and longevity focused on three pillars that he felt could help establish a foundation of consistent, long run success: 1) the development of a new stadium, 2) the building of new practice facility, and 3) the continual improvement of the club through prudent player acquisitions during the various “transfer windows.”
The club already had an agreement to build the new training ground just outside the London. The club viewed the training ground as also crucial to the third pillar, which was to continually improve the quality of team. Having a state-of-the-art training ground was a major selling point in recruiting new players, both young players whom they hoped to develop, as well as star

You May Also Find These Documents Helpful

  • Good Essays

    Karen Brady: Research

    • 1093 Words
    • 5 Pages

    In January 2010, Karren continued her journey in the football industry and was appointed Vice Chairman of West Ham United Football Club. She is continuing to build success here also as under her leadership, West Ham football club were awarded “Preferred Bidder” for the Olympic Stadium – the club will be relocating there after the games.…

    • 1093 Words
    • 5 Pages
    Good Essays
  • Powerful Essays

    It is a well-known fact that public funds are used to help professional sport teams build their stadiums arguing that all the costs incurred in the new construction will be counteracted with regular season games or mega sporting events such as Super Bowl or World Series. This paper is analyzing the particular case of the new Dallas Cowboys football stadium .There were five available options.…

    • 3525 Words
    • 15 Pages
    Powerful Essays
  • Satisfactory Essays

    Case

    • 278 Words
    • 2 Pages

    I think that the owner does need to know a medium amount of knowledge because he needs to be able to handle things wisely. What you know is what you can do.…

    • 278 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Case Analysis: Ec Stadium

    • 509 Words
    • 3 Pages

    EC's president, Dr. Joel Wisner, decided it was time for his vice president of development to forecast when the existing stadium would "max out." The expansion was, in hid mind, a given. But, Wisner needed to know how long he could wait. He also sought a revenue projection, assuming an average tick price of $20 in 2008 and a 5% increase each year in future prices. 2002…

    • 509 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Case

    • 397 Words
    • 2 Pages

    Managers are most likely to step across ethical and legal boundaries when the pressure to perform is great. Pressure can be healthy but companies that set high-performance targets and grant large rewards for achieving these must have strong control systems to ensure that people are not tempted to cross boundaries. What are the four important control systems? Please identify each control by name.…

    • 397 Words
    • 2 Pages
    Good Essays
  • Better Essays

    dealings with fans, clubs and business partners. They claim to create an environment where trust…

    • 786 Words
    • 4 Pages
    Better Essays
  • Powerful Essays

    Project Management Wembley

    • 1058 Words
    • 5 Pages

    The aim of the Wembley Stadium project was to build a new 90,000 seat state of art stadium. The new stadium was going to be used for a variety of functions ranging from football and rugby matches to concerts and private events. The stadium was to have a 50-year design life, and be both functional and architecturally significant. In addition, it was essential that the stadium allowed as much daylight and ventilation to reach the pitch as possible. A main goal was to have the build achieve UEFA five-star stadium status. The project was to be funded by a combination of state (National Lottery Fund) and private investment.…

    • 1058 Words
    • 5 Pages
    Powerful Essays
  • Powerful Essays

    Nfl Draft Econo

    • 1895 Words
    • 8 Pages

    Professional sports teams are one of the most intriguing operations in the economic climate. Fans want nothing more than for their team to win games and more importantly championships; however, this is not the goal of the majority of owners. Sports teams require a large amount of capital up front in order to purchase one, and because of this, owners are looking to see returns on that investment in the form of revenue and profit for their team. Throughout the course of their tenure as sports executives, owners must make pivotal decisions in regards to talent for their team. Fans will not go to see a team without any winning potential, and thus owners invest a large amount of money in enlisting the talents of high profile superstars.…

    • 1895 Words
    • 8 Pages
    Powerful Essays
  • Good Essays

    Target Case

    • 1112 Words
    • 5 Pages

    Target’s Capital Expenditure Committee, consisting of five top level executives responsible for reviewing all large capital project requests, is currently considering 5 projects to add value to the corporation. Their overall goal is to add 100 stores a year, while maintaining a positive brand image and watching budget constraints. If the CEC rejects a proposal there are large financial and emotional sunk costs, due to the long development process. Each project is evaluated in terms of its quantitative, qualitative, and strategic parameters. In calculating the NPV of these projects, Target uses two hurdle rates, 9% and 4% for the store operations and credit-card cash flows respectively, due to the different costs of capital. Funding credit card receivables requires less risk than funding store operations because credit cards do not require many fixed assets and are only issued to individuals with suitable credit history. We have analyzed each project, ranked them according to value(best to worst i.e. 1 to 5), and made a recommendation to accept/reject each one.…

    • 1112 Words
    • 5 Pages
    Good Essays
  • Satisfactory Essays

    Case

    • 903 Words
    • 4 Pages

    Sara Lee Corporation uses primarily a related diversification strategy. Note that questions 5 and 6 will be discussion only; no written answers required.…

    • 903 Words
    • 4 Pages
    Satisfactory Essays
  • Good Essays

    I have chosen to investigate JD because they make really good products that have really attracted people which i want to find out about them. Their main activity is to make and also sell brands of other companies. They produce clothings and footwear and they also sell clothings made by other brands.…

    • 1394 Words
    • 6 Pages
    Good Essays
  • Good Essays

    Whited Field Analysis

    • 557 Words
    • 3 Pages

    Wembley’s iconic field is where all young players dream to compete with the biggest faces in the game. Picturesquely latticed patterns of fresh verdant waves create a canvas for the player’s masterpiece. In a fervently bold fashion, light dustings of whited field paint decide the crucial boundaries. Strong aluminum poles form the central framework for goal posts grounded in the soft earth on each end of the field, which are overlaid by tense thickly weaved netting, completing the goal’s shape. Seating in Wembley consists of a wide elliptical array of red plastic benches in the front and rows of nicer navy blue collapsible chairs in the higher parts of the stands. The supportive walls which spread around the field, enclosing visitors like a corral, reach several stories’ height. Significantly independent, brightly colored national flags are strategically dotted about the…

    • 557 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    Wembley Stadium

    • 4181 Words
    • 17 Pages

    Like most construction projects which want to established itself in the history books, the Wembley stadium (owned by the Football Association) also a victim of accusations, rumours and controversies. The Football Association(FA) had dreamt of the 2006 FA CUP finals, the most prestigious and largest UK soccer championship to be hosted at Wales due to the delay in construction.2…

    • 4181 Words
    • 17 Pages
    Powerful Essays
  • Better Essays

    Foreign investment in EPL clubs is the new way to move forward and become successful. No longer do you have your local fans controlling soccer clubs, instead you have major foreign investors. The first major foreign investor was Abramovich at Chelsea Football Club. Chelsea FC was a weak team, struggling with debts and never winning any trophies. Roman Abramovich a Russian billionaire bought the club, cleared its debts, and bought the best players at high prices. Chelsea FC is now very successful at the present time mainly due to the money invested by Abramovich. They are one of the big four teams in England along with Manchester United, Arsenal and Liverpool. The ‘top four’ are the best and richest teams in the EPL.…

    • 1265 Words
    • 6 Pages
    Better Essays
  • Good Essays

    Arsenal

    • 3191 Words
    • 13 Pages

    Arsenal has a long-standing rivalry with neighbours Tottenham Hotspur, with whom it regularly contests the North London derby. Arsenal is also the third most valuable Association football club in the world, valued at $1.2 billion.…

    • 3191 Words
    • 13 Pages
    Good Essays