Tottenham expected to agree £1billion deal – ‘it could happen soon’, says expert
Tottenham could sell 25% of the club for £1billion thanks to the recent sale of Chelsea.
That is according to Spurs expert John Wenham, who regularly breaks news about the club on his Lilywhite Rose social media channels.
CBS reported on Sunday (January 8) that PSG’s Qatari owners, QSI, are hoping to secure minority investment in a Premier League club in 2023.
QSI chairman Nasser Al-Khelaifi met with Tottenham chairman Daniel Levy earlier this week in London as exploratory talks began over a potential investment.
Wenham expects 25% of the club to be sold for £1billion.
“What minority investment does do is bring in people with different contacts in the world of sport at a time when you might be negotiating stadium naming rights and other such partnerships,” Wenham told Football Insider correspondent Ben Wild.
“It brings in potential capital and investment in players. It also brings in the chance of buying more shares, it’s a foot in the door.
“At the moment you have no shares, before you know it you own a quarter of the club and you are then in negotiations.
“A lot of people laughed at Daniel Levy when he valued the club at £3.5billion about 12 months ago but you saw Chelsea sell for the same figure.
“What do Chelsea actually own? They own a field in Cobham, that’s it. They don’t own the stadium or anything else.
“Tottenham own that fantastic stadium and those world-class training facilities. What you are getting at Tottenham is more for the same money Chelsea went for.
“Levy will feel totally vindicated in valuing the club as he did 12 months ago and the value has increased since then.
“£1billion for 25% of the club seems a reasonable price based on what Chelsea was sold for and it sounds like it could happen soon.”
In other news, Tottenham are told to sign Jordan Pickford amid a ‘big’ claim from an expert.