Report: Daniel Levy has held talks with multiple parties interested in buying Spurs
According to a report from the Evening Standard, it is thought Tottenham Hotspur chairman Daniel Levy is in talks with various different bidders as the club has been targeted for a takeover. Levy and the ENIC group, controlled by Joe Lewis, have owned Tottenham for more than 20 years now. There are large portions of […]
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According to a report from the Evening Standard, it is thought Tottenham Hotspur chairman Daniel Levy is in talks with various different bidders as the club has been targeted for a takeover.
Levy and the ENIC group, controlled by Joe Lewis, have owned Tottenham for more than 20 years now. There are large portions of the Spurs fan base who are increasingly frustrated with the current ownership, and protests urging ENIC to sell the club have ramped up in recent months.
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Some sections of the fan base feel the ENIC group and Levy are not ambitious enough and are not investing in the team as much as they should.
This is despite the fact the club recorded a growth in commercial revenue in the recently released annual financial results, which supporters feel has not been put to good use.
It was reported last week that Tottenham Hotspur had been identified by Iranian-American businessman Jahm Najafi for a potential takeover worth £3.1 billion (Financial Times). However, it is thought Joe Lewis values the club at between £4-4.5 billion (Daily Mail).
The latest report from Standard Sport suggests that Najafi’s proposal is not the only one being considered by the Spurs hierarchy. Sources claim Levy has “held conversations with a number of interested parties in recent months.”
While reports state Spurs is not for sale and that Levy and Lewis want to remain at the club, there is now a growing feeling among investors that the pair are more “open to a deal.”
Nevertheless, “all talks at this stage are said to be exploratory,” as the current owners decide whether to sell outright or offer a minority stake in the club.
The report claims Nasser Al-Khelaifi, the president of PSG and chairman of Qatari Sports Investment, holds an interest in Spurs. However, it is thought the potential takeover of Manchester United by Sheikh Jassim bin Hamad Al Thani could cause issues for Khelaifi’s movement.
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With all the talk of Manchester United being sold to wealthy owners, and Manchester City, Newcastle, and Chelsea having the financial strength they do, it’s hard not to want the same for Spurs.
In an ideal world, no football team would be owned under such controversial circumstances, but if we don’t join the club soon we will get left behind.
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