Finance Expert predicts full Tottenham takeover could be worth £3billion
We’re delighted to welcome football finance expert Dr Daniel Plumley as our exclusive columnist. Each week he’ll be giving his views on the biggest talking points at Tottenham...
Dan Plumley insists a full takeover of Tottenham could be worth up to £3billion with any deal set to be “fairly substantial”.
It comes after City AM reported on 1 November that Qatar Sports Investment were keen on opening talks over a minority shareholding, something which could progress further.
Plumley admitted that a £1billion starting price is only added to by the value of the stadium on the books and the brand value of the club as a whole.
“It’s going to be a fairly substantial one,” he exclusively told Tottenham News.
“Even if you look at a very basic revenue multiplier model, which is not the best way, but even with that, you are getting close to £1billion.
“You factor in the value of the stadium at the minute, which is worth about £1.3billion on the books, plus the revenue and you’re getting closer to £2billion.
“Then you’ve got all of the things to lay over the top, the revenue-generating ability of that stadium against other sports and other events, you’ve got to factor in the NFL partnership, the F1 partnership, the multi-use of that stadium and then of course where the club can continue to grow.
“If they get back into the Champions League, that adds more money on and then there is the brand value of Spurs, so even with some of that, you could quite easily conceive that you could get that total valuation to somewhere around £3billion given all of those things in the mix.
“It would be difficult to argue with that from a valuation perspective.”
In other Tottenham news, Plumley has also explored how Spurs have jumped ahead of Manchester United