Tottenham takeover value soars as ENIC twist emerges around Levy – Exclusive
Tottenham chairman Daniel Levy has cut an increasingly controversial figure at the North London club.
A continued lack of spending has resulted in a series of supporter protests within and outside the Tottenham Hotspur Stadium.
Furthermore, Levy’s sacking of Ange Postecoglou proved to be a divisive one, due to the Australian’s popularity.
Although all can be forgiven with results and spending, fresh talk of a takeover could see all of that change at Hotspur Way.
Tottenham braced for changes at the top amid Levy leadership
Donna Cullen has already left her role on the Tottenham board, and more changes could be afoot this summer.
Described as the biggest ENIC shake-up in over two decades, fresh investment talks emerged, but it could go even further than that.
Football finance expert Dan Plumley has provided insight into what all this news could mean for the Tottenham hierarchy, with the valuation increasing even further.
“Yes, I think it does, and that probably wouldn’t have gone away even if they’d have lost that Europa League final,” he exclusively told Tottenham News when asked if investment talk would amplify takeover news.
“I think the infrastructure of that club, the finances of it, despite the disaster on the pitch this season, it’s still one of those clubs that people will look at, with that high net worth as we say in the sovereign state or huge private equity American consortiums in and around the takeovers that go for billions.
“It’s a club that is absolutely in that mix, and the Champions League factor will add another £80million on the revenue line for the club next season, which will push the valuation up slightly.
“But it, it just does so much more than that in terms of the overall proposition of a takeover or fresh investment because you’ve access to a completely different market in terms of commercial partners, sponsors, everything.
“It’s the flagship competition in Europe, and being in it is where every club wants to be.
“That’ll drive up any interest in investment or things behind the scenes where people are looking to get involved with that club.”
Tottenham must provide fresh investment for Thomas Frank
Given that Spurs have been given a financial boost for qualifying for the Champions League, Levy is under pressure to spend, if it remains him in charge.
The Lilywhites already possess quality in Micky van de Ven, Dejan Kulusevski, and Christian Romero, but they need to strengthen.
Thomas Frank looks set to take over, but could lose Romero before the season has even begun, given his strong Atletico Madrid links.
Furthermore, the Tottenham squad was exposed last season after a series of injuries hampered their Premier League campaign.
The Champions League will be a sturdy test of Spurs’ credentials, and Levy must dip his hands into his pockets or find someone who will.