Expert claims Spurs takeover on the cards after Levy spotted with UAE Sheikh
Football Finance expert Dan Plumley has insisted that a mega-money takeover of Tottenham cannot be ruled out after Daniel Levy was spotted with Sheikh Abdullah bin Rashid Al Mualla recently.
A recent social media post showed Sheikh Abdullah, the deputy ruler of Umm Al Quwain emirate, alongside long-serving Levy, with the post fuelling speculation of a potential takeover.
Levy has made no secret of the fact that he is open to offers for Tottenham, explaining in an interview with Bloomberg last year that while he is not actively looking to sell the club, he has ‘a duty to consider’ any proposal that arrives.
Last year, there were reports that Qatar Sports Investments, who own Paris Saint-Germain, wanted to buy a minority stake in the North London club but in the end, they allegedly deemed the price to be too high (BBC Sport).
It was also asserted by The Telegraph six months ago that Tottenham were generating quite a bit of interest among American investors.
Daniel Levy spotted with Sheikh Abdullah
Following Levy’s meeting with Sheikh Abdullah, Plumley was asked if Spurs are an attractive proposition to investors, and he told Tottenham News: “They absolutely are, so it will be no surprise to see media stories linked to that when people are spotted with relative people like that.
“We know that Spurs are probably up for sale, that’s nothing earth-shattering in terms of news for sure, but they are a club that has always been on the fringes of maybe there is a big takeover coming.
“A couple of times, perhaps, Daniel Levy has moved away from deals that we thought were going to get over the line, we know the potential for Spurs linked to the new stadium from a financial perspective, we know they have always been good at managing their finances.
“They are an attractive club in London and there are loads of things where you could look at as an investment proposition and it’s no surprise that people will naturally spark rumours and stories around this.
“I think every club is up for sale at the right price so it is no surprise to people looking at that when you see these influential figures together, it’s going to spark rumours.”
Spurs Web Opinion
Spurs fans should not get carried away by this news as have seen several investors show interest in Tottenham over the last couple of years but a takeover has not come close.
Levy and ENIC will be holding out for a huge fee and even if anyone is genuinely interested in buying the club, the negotiations will be protracted, possibly lasting many months.
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