Finance guru: Tottenham could now be sold for over £2.5bn as takeover statement issued
Tottenham will believe they are worth more than the £2.5billion that Todd Boehly has paid to acquire Chelsea.
That is the view of finance expert Doctor Dan Plumley, speaking exclusively to Football Insider about the effect the Stanford Bridge regime change could have on a future Spurs takeover.
The West London club confirmed in a statement last Saturday (7 May) that terms had been agreed for the handover of the club from Roman Abramovich to American businessman Boehly.
The deal is worth £4.25bn in total, with £2.5bn a direct equity purchase and the remaining £1.75bn earmarked for future investment in infrastructure.
The Athletic reported back in February that Spurs ownership group ENIC are open to offers to sell up but have not yet received a suitable bid.
And Plumley claims that Spurs’ market value would likely be higher than their Stanford Bridge rivals.
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“This will probably push their value a bit higher now,” the Sheffield Hallam University expert told Football Insider’s Adam Williams.
“It’s not an exact science because there is a lot of subjectivity in terms of what a football club is worth.
“But if we look at Spurs versus Chelsea, their finances are better, not from a revenue perspective but from the view of being run a bit more prudently.
“They have got the new stadium that is up and running. Chelsea want that but aren’t there yet. They haven’t had the on-pitch success that Chelsea have had in recent years, however.
“But when you look at a valuation, they will think they are worth more than them from a business perspective. They have got the stadium, the NFL deal and are trying to manage costs effectively.”
Chelsea beat Spurs in all three of their meeting this season.
Thomas Tuchel’s side take on Leeds United on Wednesday (11 May), while Antonio Conte is preparing for a crucial clash against rivals Arsenal the following day.