Daniel Levy is now prioritising Spurs valuation over success – Club insider accuses
Tottenham insider Paul O’Keefe claims there has been a big shift in the approach of the club’s hierarchy as they look to attract investment.
Daniel Levy not a popular man
Daniel Levy is hugely unpopular among a section of the Tottenham fan base, who have long accused the Spurs chairman of putting profit before glory.
Many have felt that his unwillingness to back certain managers at the right time is the main reason why the club have failed to get over the line and win silverware over the last 16 years.
As Ange Postecoglou’s project is now having some hiccups, Levy’s role has now once again come into sharp focus.
Tottenham insider says priority has changed
Paul O’Keefe has now taken to social media to declare that the club’s hierarchy are now doing their utmost to make the Lilywhites as attractive as possible for potential investors.
As a result, he asserts that the focus has been on trimming the wage bill rather than on improving the first-team with quality signings.
According to reports over recent weeks, former Newcastle minority owner, Amanda Staveley, backed by ‘serious money’ from the Middle East, is currently in talks with Levy over buying a minority stake in Spurs (The Sun).
Tottenham’s wage bill
Spurs did make a serious effort to trim down their wage bill in the summer, but one can argue that they had to do that as their squad was extremely bloated.
According to GiveMeSport, Tottenham’s current wage bill stands at £111.8m, which is the sixth highest in the league, not far off Liverpool in fifth.
However, as a proportion of their total turnover, Spurs’ wages are low when compared to many of the clubs across the Premier League.
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