Exclusive: £4bn Qatari takeover at Tottenham could happen – expert
Daniel Levy’s decision to move Tottenham to a new stadium looks set to pay dividends ahead of a potential takeover from Qatari investors.
That is the view of football finance expert Dan Plumley, who exclusively told Football Insider that Spurs are in a small group of clubs that can command a valuation of £3-4billion.
Tottenham ended their 17-year trophy drought with a win in the Europa League final over Man United.
But despite claiming silverware for the first time since Juande Ramos led the club to victory in the Carling Cup final in 2008, Ange Postecoglou was sacked as Spurs manager.
Tottenham’s form on the continent was enough to claim a trophy, but in the eyes of Levy, it was clearly not enough to excuse a 17th-place finish in the Premier League.
Tottenham still an ‘attractive investment proposition’
Football Benchmark ranked Tottenham in their top 10 most valuable clubs in the world, at a value of €3.659bn (£3.12bn), seeing their value climb 357% since 2016.
Speaking exclusively to Football Insider, finance expert Plumley stated that whilst Spurs had endured a difficult season, they remain an “attractive investment proposition”, and the valuation of the club largely came down to the decision to move to a new stadium.
He said: “I’ve always said on record over the last few years, and that valuation for Spurs and pushing that into the Football Benchmark top 10 as an example, is purely around stadium income and the upshot of that.
“We’re starting to see the benefits already of that stadium move for Spurs, and we said that years ago, what that could bring to them.
“They are in that bracket. I know they’ve had a poor season on the pitch apart from Europa League success, but they are in that bracket of clubs that would command that kind of valuation in and around £3-4billion; they’re in that group of clubs.
“And if you look at who else is in that group of clubs, there’s not many of those at the minute that are likely to change hands, and there’s certainly not one that you could look at in terms of what a sovereign state might be after.
“So, Qatar and Tottenham always seemed plausible to me, and of course, I think it’s still there in the background from what we’re hearing, and it does put them in that bracket, as I say, of clubs that would command that valuation.
“I think it’s likely that we still see those noises or at the very least, that deal is something that would be attractive to somebody.
“I stand by the fact that I think Tottenham’s an attractive investment proposition.”
Tottenham close in on Thomas Frank amidst takeover rumblings
Sources revealed to Football Insider that Tottenham are close to appointing Thomas Frank to replace Postecoglou.
The Brentford manager has a strong track record in the Premier League, making him an ideal candidate in the eyes of Spurs’ leadership.
If the Danish manager does take over in North London, he will have to contend with plenty of upheaval.
Tottenham‘s squad is in need of an overhaul after finishing one place above the relegation zone, and there could be a change in ownership during his time in charge.