Simon Jordan explains likely use of new £100m Tottenham investment
Thomas Frank will be glad to hear Tottenham’s latest financial update.
Joe Lewis is set to invest £100million into Tottenham, as fans were delighted with the news on Thursday morning.
Since Daniel Levy’s exit, Lewis’ family have taken full control at Tottenham behind the scenes, as the investment can only be seen as a positive.
Former Crystal Palace owner Simon Jordan has spoken out on how he thinks Tottenham fans should calm down over the news.
Simon Jordan says £100m boost may not go to Tottenham’s transfer budget
Tottenham have made a good start with Frank and will want that to continue.
January will prove how well backed Frank is, and it may be the difference point in Tottenham’s season.
| Wins | Draws | Losses |
| 4 | 2 | 1 |
Jordan has shut down Spurs fans’ excitement, as he explains the money may not be going towards transfers for Spurs while speaking on talkSPORT.
“£100m in the Premier League, with all due respect, isn’t a huge amount of money,” he said.
“It may well be because the banks have asked [Spurs] to put more money in because of the working capital balance between what they’ve got and what they’re currently borrowing.
“Tottenham fans will think ‘oh yes’, it’s another example now that they have Levy out of the way, well, Levy worked with [the Lewis family].”
Tottenham fans should be excited over Joe Lewis investment
Regardless of what Jordan says, the investment will ease any present PSR or other financial issues for Lewis and his family.
The news has only created more of a good feeling around Tottenham, as the Lilywhites continue to grow after Levy’s exit.
Tottenham only seem to have a striker issue at the moment, which could soon be resolved by the return of Dominic Solanke.
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