Tottenham Hotspur PLC Essay Example for Free

Tottenham Hotspur PLC Essay Introduction The given case study is mainly concerned with the management decisions that are considered by the chairman of Tottenham Hotspur Football Club, Mr. Daniel Levy, in order to generate a steeper rise in revenues for the club. The major investments in question are the construction of a new stadium that is almost twice the present capacity, an improved practice facility and further improvement of the team through desired player acquisitions. But, Tottenham being a publicly owned club need to justify the time and resources that would be at stake in order to undertake this project. The four major sources of revenue for the team include the number of fans attending the match, the sponsorship rights it receives from other companies, the sale of club merchandise and its broadcast rights sold to television channels. By building a new stadium, which has an estimated cost of 250 million spread over the next two years, Tottenham hopes to increase the current capacity of 36500 people to 60000 fans per match. This is estimated to increase the revenues through attendance by 40 percent and considerable merchandise sale as well. The club also plans on investing in better practise facility and better players, thus increasing the odds of winning matches. This would not only increase the revenues from the matches but also increase the sponsorship amounts by 20 percent at the same time hiking the demandable price for broadcast rights. The collective rise in revenue is estimated to be around 9 percent. Body Decision Criteria 1. Joseph Lewis is a majority stake holder in the firm; the only one with greater that 3 percent stakeholding. He can be expected to work solely in favour of appreciation of his share value. His company ENIC has 82 percent  overall beneficial interest in the club. One needs to determine whether this would negatively affect the decisions made by him. 2. Daniel Levy and Joseph Lewis were former partners at ENIC from 2001 to 2007 and once ENIC had a large majority in Tottenham Hotspur, in early 2008 Daniel Levy decides to make this radical change in the club. He further went on to claim that it is not just about the money but a long term prosperity of the club. We must however, consider the fact  that he had to his advantage a prior experience managing a Scottish Football Club called Rangers 3. The magnitude of risk posed by the assumptions made by Levy must also be considered to judge whether the investment is profitable. 4. A quantitative analysis of the investment including the computation of various factors such as the Cost of Capital, NPV, IRR, DCF analysis, etc can point towards the right direction 5. By calculating the percentage of games won over a period of 2004 to 2007 and comparing it to the market reaction towards the shares of Tottenham Hotspur we can make decision about what factors negatively affected the market; whether it was an external matter or something related to Tottenham hotspur itself. Assumptions 1. The predictions made about the future growth of revenue with respect to the predicted inflation of the country. 2. Operating expenses are based on historical data of other clubs. So, we need to analyse reasons why that might not project the right image of the future for Tottenham 3. Changing the players may not automatically improve performance of the team and hence may not lead to as many wins as expected and hence the growth in revenues through sponsorships and merchandise may be stunted.

Jesus Christ: The Importance of his Miracles Essay examples -- Religio

Jesus Christ: The Importance of his Miracles Throughout history many people have given messages. They were trying to make people consider the messages. They would say that they would do something with out actually backing it up, or they would say they are someone with out proof. Jesus had made many messages that said that he was â€Å"the messiah†, the son of god. The performance of miracles had strengthened Jesus’ message. Because Jesus had done miracles to back up his message, people actually believed he was the messiah, Son of God. Many people believe Jesus actually performed miracles but some people believe he did not. In the book by Washington F. Jarvis (p 65) it defines miracle as â€Å"an occurrence which we cannot explain in terms of our present knowledge and understanding of how things work in the world around us.† Many people believe that Jesus did perform the miracles but few still believe they were phony. In the book by Washington F. Jarvis (p 65) it states that â€Å"many dispute this portrait of Jesus; many deny the possibility of miracles and find the gospel miracle stories embarrassing fairy tales.† There were people who were not too confident that Jesus actually performed the miracles. Many people also thought that Jesus was a troublemaker, if in fact he was the messiah, the son of god. In the book by Washington F. Jarvis (p 66) it says that â€Å"because Jesus broke the law by healing on the Sabbath, and because he attracted many adherents, he came to be regarded by the establishment as a dangerous trouble maker.† Many people thought if he could heal people he should know when to do it or when not to do it. They believed that he could perform miracles but that he was a trouble make or that he was working for the devil or something evil. Many people did think he could heal people. In the book by Washington F. Jarvis (p 65) it says that â€Å"but the gospels portray Jesus as a miracle- worker and credit him with the power to heal sickness and to alter the natural order.† Even though people could see that he could heal people, some still wanted to deny that he was a miracle worker. People knew that he was a miracle worker in the book by Washington F. Jarvis (p 66) it says that â€Å"when we read the gospels accounts, what strikes us the most is the fact that no one in Jesus’ time, friend or enemy, ever indicated the slightest doubt that Jesus did miracles.... ... his fingers in to his ears, spat and touched his tongue. He looked up to the heaven and said ephphatha, ‘be opened’ in Aramaic, and the man was cured (mark7: 31-7). Jesus also performed another miracle with a blind man. In the book by E. P. Sanders (p 145) it says â€Å"in Bethsaida a blind man was brought to him. He took him outside the village, spat on his eyes, and laid his hands on him. The man’s sight was partially restored: he could see people, but they looked ‘like trees walking’ Jesus again put his hands over his eyes, and his sight was restored (mark 8:22-6). In conclusion Jesus could perform miracles and the way he did them strengthened his message. The performance of miracles did strengthen his message because of the witnesses that had seen him. Even though there were many doubts about Jesus there were also people who knew he was working for God. BIBLIOGRAPHY 1. Jarvis, Washington F. And still is ours today the story of Jesus New York: The Sea Bury press1980 2. Porter, Roy J. Jesus Christ the Jesus of history, the Christ of faith England, London: Duncan Baird publishers ltd 1999 3. Sanders, E. P. The historical figure of Jesus England: The Penguin group 1993

Religion and Filipino Mothers Essay

Rizal’s Reminders on Equality, Self – Respect and True Spirit of Religion 1. The tyranny of some is possible only through cowardice and negligence on the part of others. 2. What makes one contemptible is lack of dignity and abject fear of one who holds one in contempt. 3. Ignorance is servitude, because as a man thinks, so he is; a man who does not think for himself and allows himself to be guided by the thought of another is like a beast led by a halter, 4. He who loves his independence must first aid his fellowman, because he who refuses protection to others will find himself without it. 5. If the Filipina will not change her mode of being, let her rear no more children, let her merely give birth to them. She must cease to be the mistress of the home, otherwise she will unconsciously betray husband, child, native, land and all. 6. All men are born equal, naked, without bonds. God did not create man to be a slave; nor did he endow him with intelligence to have him hoodwinked or adorn him with reason to have deceived by others. 7. Consider well what kind of religion they are teaching you. See whether it is the will of God or according to the teachings of Christ that the poor be succored and those who suffer alleviated. In summary, Rizal ‘s Letter To the Young Women of Malolos focused on five major points (Zaide & Zaide, 1999) 1. Filipino mothers should teach their children love of God, country and fellowman. 2. Filipino mothers should be glad and honored, like Spartan mothers to offer their sons in defense of their country. 3. Filipino women should know how to protect their dignity and honor. 4. Filipino women should educate themselves aside from retaining their good radical values. 5. Faith is not merely reciting prayers and wearing religious pictures. It is living the real Christian way with good morals and manners.

Research Essay Final Draft Isaiah Timm - 2131 Words

Timm 1 Julius Caesar: The Man Who Changed Rome Forever Isaiah Timm CHW3MI Mr. Ballantyne January 15,2015 Timm 2 â€Å"Some are born great, some achieve greatness, and some have greatness thrust upon them† (Shakespeare). Julius Caesar’s name is still on people’s lips. The man went from nothing to controlling Rome as its first emperor. Julius Caesar can be considered one of the world’s greatest historical figures because he was a good communicator, he was memorialized by his own people and by future generations. In 100 BC, a boy was born with a dream to rise to supreme power. This was heavily influenced by the tyranny of the current leader of Rome, Sulla (Mark). The land was in civil war because Sulla challenged the Roman†¦show more content†¦The far reach of his empire showed his conquering power. Emperor Augustus had a temple dedicated to Caesar, which still stands today, commemorating Julius’s life after his untimely death at the hands of senators (Grimms). Finally, the position of Emperor is called Caesar. After Julius executed the position of emperor so brilliantly, all leaders of Rome used the title, Caesar, to honour him. Because of all these factors, his image of greatness is memorialized in Rome for all eternity. Unfortunately, not everyone respected the greatness of this man. The senate fell because Roman citizens were unhappy with a few rich leaders ignoring the needs of many poor citizens. The masses supported the idea of a leader who would take care of everyone. This event was a catalyse for Rome becoming an Empire. Greedy and selfish, the senators resented losing their power. Caesar was killed by men who were hoping to bring back the republic. He was trick into meeting some senators to negotiate a compromise for both sides, but these evil leaders ambushed him, stabbing him multiple times and leaving his body in the senate (McManus). Caesar believed he could achieve greatness even though the odds were against him. He cared about being the best, and he knew the citizens supported him. The senate died and Emperors were born. Caesar used his charismatic skills to prove himself historically significant. He was memorialized in a variety of different ways as a