Kieran Maguire makes Tottenham takeover claim after first concrete steps taken
MSP Sports Capital are simply being “cautious” by enlisting a consultancy firm regarding any potential investment in Tottenham.
That is the opinion of finance expert Kieran Maguire, who spoke exclusively to Football Insider about the latest development regarding a potential takeover of Tottenham.
Football Insider sources revealed last month (27 February) that MSP Sports Capital have a genuine interest in Tottenham and have enlisted a consultancy firm in their first concrete steps to a deal.
The consultancy firm will orchestrate background checks, not only into Spurs themselves but also into matters of financial governance at Premier League and Uefa level.
The Financial Times reported MSP’s interest in Spurs, claiming the group were set to launch a £3.1billion bid for the North London club.
Maguire insists the actions taken by MSP represent a company taking the correct steps before committing to a major deal.
“MSP are just being cautious investors as they’ll want to make sure they can get a good exit price from any acquisition of a major company such as Spurs,” Maguire told Football Insider’s Sean Fisher.
“The last thing they’ll want is to find some small print in either Premier League or Uefa legislation that could make the potential pool of new owners be marginalised should they decide to sell.
“I think they’ve taken the appropriate action and it’s indicative of a company that does all the correct paperwork and gets everything lined up before committing to a deal.“
In other news, Everton could have ‘more upsides’ for MSP than Tottenham amid advanced takeover talks reveal