Home » “It’s interesting to watch” – Former Everton CEO shares update on Tottenham’s potential investment deal

“It’s interesting to watch” – Former Everton CEO shares update on Tottenham’s potential investment deal

Tottenham Hotspur are reportedly close to securing a significant investment deal, with chairman Daniel Levy in talks to sell a minority stake in the club.

Former Everton CEO Keith Wyness has suggested that Spurs might sell around 10-15% of the club to a minority investor, which could value the club at up to £3.75 billion.

Wyness discussed this on the Football Insider’s Inside Track podcast, noting that the valuation is reasonable given Tottenham’s assets, particularly their new state-of-the-art stadium.

The 66-year-old executive praised Levy’s exceptional negotiation skills, highlighting his success in consistently securing high valuations for sponsorships and player sales.

The proposed deal is not a full takeover but seeks a minority investor to bolster the club’s financial and operational objectives.

Amanda Staveley, a former board member at Newcastle United, has emerged as a potential investor.

Staveley was instrumental in the Saudi consortium’s takeover of Newcastle in October 2021. She left her role as the club’s director in July and has since then said to be raising funds for investment in another football club.

Wyness emphasised that Tottenham presents a promising investment opportunity for Staveley, given her experience and the club’s robust infrastructure.

Wyness said (via Football Insider):

“I think it is a realistic valuation, given the stadium. Daniel Levy has been known over the years as one of the best negotiators, always pushing for the highest valuations – whether that’s sponsorships or player sales.”

“He’s a good operator and £3.75billion is not far away. I can see how that can happen.

“I’ve also read today that Newcastle are valued at £1billion, when it seems like yesterday they were bought from Mike Ashley for £300million.

“It’s interesting to watch. What they’re really after is a minority investor, not a full takeover for the full amount. They want someone to take around 10-15%.”

Bringing in a minority investor could provide the necessary resources to boost the club’s competitiveness both domestically and in Europe, aligning with Spurs’ long-term goals.

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