Exclusive: Tottenham investor’s ‘huge’ takeover plan revealed
Tottenham’s potential investors believe there is a “huge” opportunity to improve the club’s revenues after exploring a takeover deal, sources have told Football Insider.
Tottenham have been the subject of takeover speculation in recent months as Premier League clubs continue to attract interest from investors around the world.
Spurs confirmed Daniel Levy has stepped down as executive chairman on 4 September after spending 24 years in the role, fueling the rumours around a takeover deal.
Sources say investors are particularly interested in Tottenham due to the significant potential to increase the club’s revenues.
It is understood the commercial opportunities with the NFL games and concerts as well as the scope for further development around the club’s stadium is attracting interested parties.
Tottenham make takeover decision after talks revealed
Football Insider revealed on 5 September Amanda Staveley has been in talks about a Tottenham takeover.
However, Staveley’s company PCP International Finance released a statement on Monday (8 August) confirming it “does not intend to make an offer for Tottenham”.
An American group is also believed to have been interested in a takeover deal.
Tottenham released a statement on Sunday (7 August) claiming they have “unequivocally rejected” two expressions of interest and the club is “not for sale”.
ENIC owns an 86.91 per cent stake in Spurs, with Levy and members of his family holding a 29.88 per cent share in the British investment company and Joe Lewis’s family trust owning the remaining 70.12 per cent.
Finance expert Stefan Borson told Football Insider a Tottenham investor could buy Levy out of his ENIC shares in a £750million deal.
Tottenham could agree £20m-a-year naming rights deal
The vacant naming rights at Tottenham’s 62,850-capacity stadium is another area where investors see a big opportunity.
Tottenham are well placed to agree a £20m-a-year deal after securing a return to the Champions League.
Spurs are in a strong position financially after posting a turnover of £528.2m in their latest published accounts for 2023-24, with their commercial revenue standing at £255.2m.
Thomas Frank’s side have picked up six points from their opening three Premier League games of the season, while they are now gearing up to face West Ham on Saturday (13 September).
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