Tottenham could copy Chelsea and Man City before going down sale route – Simon Jordan
Daniel Levy may have only just left Tottenham, but there has been significant talk about the North London club’s future.
Former Spurs manager Harry Redknapp has praised Levy for his impact, while others are pleased he has gone.
Now that he has vacated his post, some believe that Levy’s decision will trigger a takeover at Tottenham.
Indeed, Simon Jordan believes that the events that have transpired at Man City and Chelsea suggest that a sale is on the cards.
Tottenham could follow in Chelsea and Man City’s footsteps
Levy’s exit from Tottenham means that a takeover is seemingly more likely, especially if he was resistant to the idea.
The 63-year-old was a divisive figure during his time in North London, with supporters holding regular protests against the perceived lack of investment.
This summer, the Lilywhites did complete some expensive deals, with Mohammed Kudus and Xavi Simons arriving for over a combined £100million.
However, their spending has been nowhere near the scale of City and Chelsea, who have spent substantially over the years.
Indeed, Jordan believes that what has happened at those two clubs means that Tottenham are for sale.
“If you look at Man City and you look at Chelsea, they’ve spent money like drunken sailors to achieve things, and success has created inherent value for the football club,” he said on talkSPORT on 5 September.
“And I don’t mean just on the field, I mean for the owners who will ultimately look to sell this football club at the best price, so I think it’s no secret that Tottenham is for sale.
“It’s no secret because the Lewis family probably wants to extract maximum value.”
Read more: Tottenham staff rocked as details emerge of £3bn sale after Daniel Levy exit
Could Spurs follow in footsteps of Premier League big spenders?
If a takeover does occur at Tottenham, then they will be in a strong position to spend substantially.
Many will reference Newcastle United and their inability to spend as much as they want, but that comes down to revenue.
Spurs generate the ninth-highest revenue in European football at just over £533million, according to the Deloitte Football Money League.
Indeed, the North London club generates approximately £210.4m more than Newcastle, who sit 15th on the list.
- Man City: £727m
- Tottenham: £533.6m
- Chelsea: £473.3m
- Newcastle: £322.6m
Crucially, the Lilywhites are ranked above Chelsea, so if you were to compare the two, then it would suggest that Tottenham would be able to spend more than their rivals.
Of course, the sale of Son Heung-min to LAFC will affect finances, but the cost of that may not be known for some time.
For now, Spurs are in a period of transition, but all eyes will be on what happens now that Levy is gone.
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