Spurs have been warned against selling their top players to help their financial struggles.
Like most teams, the Lilywhites are struggling from increased financial pressure this season as the coronavirus pandemic reduces their chances of earning more money.
One of Tottenham’s biggest assets is their top stars and selling a few of them can help the club bring in some much-needed revenue.
However, the problem with selling now is that willing buyers also have limited resources and would bid below the market value of the players.
Finance guru, Kieran Maguire was speaking to Football Insider about Tottenham’s chances of making money from the sale of their players and he says only Son Heung-min and Harry Kane could fetch good money for them.
The rest would have seen their market value severely deflated because of the current financial climate.
He adds that insisting on raising money from the sale of their players will see them sell too many players to raise a significant amount.
He told Football Insider correspondent Adam Williams: “They will suffer in 2021, along with everyone else.
“The problem with selling this summer is that prices are deflating. There are probably only two players at Spurs that they could really get proper market value for, Son and Kane.
“They could play for any club in the top six as well as any of the top-tier clubs we see in the quarter-finals of the Champions League and beyond.
“The rest of the Spurs squad are very good Premier League players but you can also find very good Serie A or Ligue 1 players. The French football market has collapsed as a result of the TV deal going down the swanny, and therefore there are going to be bargains to be had.
“So I don’t think Spurs will get market value for their players unless they really are at the elite level.
“It could be counterproductive. A player they would normally take £40m for, they might have to go and accept £25m this summer. You’d have to make seven of those sales to make up the £175m loan debt.”
They are multiple loans and extremely flexible.. They can be refinanced and changed to suit us according to interest rates and revenue… The sad thing is Mr Lewis could have easily paid for the lot. Put the debt in the clubs name, so if it doesn’t work then we are fucked.. His billions will be fine.
Kieran was right in what he said though. Our other class players are too old and Reg is just a loan.. And it is Levys style to offload players, though the majority wanted out.. Bale, modders, Walker, Carrick, Berbs etc.. Last time we won a pot he sold all our strikers
If our team is worth a billion,, and we have a billion pound debt…. Sounds alot like Leeds..
‘Normal’? Have you lost your mind, good man?!
Not levy’s style to offload players so thanks for your words of wisdom Kieran but I suggest you get back to your next project “will Tottenham win the FA Cup in 2021”
I don’t know the datails of the loan which is apparently due to be repaid soon,but could we not get another loan after.On the other hand perhaps ENIC could put some money into the club.I know,just a thought,but isn’t that what normal owners do to help out the club?