Tottenham insider makes revelation about potential takeover
A source from inside Tottenham Hotspur has spoken about the club’s search for investment and about the possibility of a full takeover in the future.
Daniel Levy holding talks with Amanda Staveley
Over recent months, we have heard a lot of reports regarding the talks between former Staveley, and Daniel Levy regarding a minority takeover of Tottenham.
The former Newcastle co-owner, through her investment vehicle PCP Capital Partners, is thought to have raised around £500m so far, in an effort to buy a 25 per cent stake in the North London club.
The Daily Mail have now also reported on the matter, revealing that talks between the parties are still continuing.
Minority Tottenham investment could grow into something bigger
Interestingly, the outlet also speaks to one source inside Spurs with knowledge of the situation, who suggests that an investor could first buy a minority share in the club as a prelude to a full takeover.
The source says: “There is a possibility of backers from east and west. But if it’s a minority investment it would be with a view to growing it over time into something bigger.
“An investor wouldn’t make loads of money from Spurs overnight but the opportunity to have control and turn the club around would be more attractive. Don’t rule that out. There is a view — inside and outside — that Spurs sometimes lack direction.”
Is Daniel Levy’s valuation of Tottenham too high?
The Mail also reveal that some at Spurs, as well as industry experts, are of the opinion that Levy‘s valuation of the club is too high.
Tottenham are reportedly valued at an eye-watering £3.5bn, which not many potential investors may not be willing to pay.
It is thus suggested that Levy may continue calling the shots for the foreseeable future, with the Spurs chairman and the club’s chief operating officer, Scott Munn, facing the challenge of building a successful structure.
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