Report: One financial move is off the table for Spurs as search for investment continues

Tottenham Hotspur are thought to be seriously looking for further investment and a potential takeover has been floated as a possibility. But, there is one money-making move that the club is not expected to pursue.

Spurs not looking at New York

Daniel Levy and the ENIC Group have been running Tottenham for over 20 years now, with varying degrees of success and popularity.

The board have established Spurs as a commercial behemoth across the world of football with shrewd business decisions, but, from a footballing perspective, many would say they have failed to deliver the success the club wants and deserves.

It has been said of late that Levy would be looking to secure more investment into the club and would be open to selling a minority share as part of a takeover.

Now, there has been conflicting information about one possible avenue they could explore. A report from The Guardian claimed Tottenham were considering trading on the New York Stock Exchange.

Manchester United are currently the only English club doing so, while the likes of Borussia Dortmund and Juventus do the same in Europe.

However, a report from TBR Football suggests the idea of Spurs doing that is way off the mark and is not under consideration by the club’s board. It is said trading on the NYSE comes with more reporting duties and would make Tottenham’s finances more transparent.

Who wants to invest in Spurs?

Amanda Stavely, formerly of Newcastle United, has been linked with a £650m investment in Spurs, which would give her a reported 25% stake in the club (The Sun).

It is thought the club is currently valued at £3.75bn.

Spurs Web Opinion

I cannot imagine the board would want to trade on the New York Stock Exchange simply because then they would have to reveal to the world exactly what is going on behind the scenes, financially speaking. It would come with benefits, of course, but many downfalls, too.

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