Connect with us

ARTICLES

Takeover talk and what it could mean to Spurs

Reports on Sunday began to emanate from talkSPORT that news on Wednesday will blow the socks off fans of Tottenham Hotspur.

Published

on

Reports on Sunday began to emanate from talkSPORT that news on Wednesday will blow the socks off fans of Tottenham Hotspur. At first, many began to speculate as to what the news could be. Will it be the kit launch? Will it be Andre Villas-Boas announced as the new head coach? Will it be some new signings?

Fans began to discuss on Twitter what the news could be, with many drawn to the idea that it could be the possible announcement of investment or even a potential takeover. Reports began to circulate back in January when Spurs delisted from the stock market. Some felt a takeover from AEG or a Qatari back family were going to make their move to purchase the club.

As time wore on, coupled with the announcement that Spurs were going to push on with the Northumberland Development Project, rumours continued to gain momentum. The project to renovate the area around White Hart Lane is going to cost at least £350m, so any investment would be ideal for the long-term sustainability to the club.

What does it mean for the squad?

With Villas-Boas now confirmed as the new head coach, he is likely to be handed a hefty war chest to strengthen the squad this summer. Since reaching the Champions League in 2010, Spurs have only spent £16.5m on new players, bringing in more through the sales of Peter Crouch and Wilson Palacios, not to mention Roman Pavlyuchenko, Niko Kranjcar and Robbie Keane increasing the funds.

At present, the club have money to spend on new acquisitions, with Gylfi Sigurdsson and Jan Vertonghen expected to arrive for a combined fee of £17.5m. However, they are just two players that will be needed for the new season. Spurs need to strengthen in specific areas before they are ready for the new campaign, with two new strikers and another midfielder a must.

The likely sale of Luka Modric, expected to raise around £30m, will bolster the transfer and wage budget and it is likely a replacement will be secured with the money from the sale. With the new manager in place, signings will be easier, but it is pivotal that any money, should it be invested from an outside source, be fully utilised to strengthen the squad.

What does it mean for the club?

Chances are, should any interest from abroad be pursued, it will be an investment in Spurs rather than a big takeover. With that in mind, and the NDP expected to go ahead, the money will see the new stadium named by whoever puts the money forward. This will give the club a welcome relief from the substantial cost of the new home.

Reports have suggested that the sole reason for Spurs applying for the Olympic Stadium in the first place was to drum up interest in the project. With a vast majority of the fanbase against the decision to move to Stratford in the first place, it was a bid that would never have taken off. The sole purpose of bidding for the right to play in East London was down the costs.

As mentioned, the NDP will cost anything from £350m upwards. Investment to help ease the financial worries are absolutely pivotal to the future of the club. As much as the fans enjoy White Hart Lane, for Spurs to move forward, a move away from the ground is needed. The new stadium will help bolster the coffers through ticket sales and sponsorship deals.

However, before any of that can move forward, the right funding is essential. With the possible investment or takeover that has got fans reaching for their second pair of socks, this funding will come in, even if it means the stadium being named ‘AEG Arena’, for example. Yet, as mentioned, it will ensure the club can progress both off the field and on it. 

Click here to follow To the Lane and Back on Twitter

1 Comment

1 Comment

You must be logged in to post a comment Login

Leave a Reply

Spurs Transfer News

BARCELONA, SPAIN - AUGUST 24: Franck Kessie of FC Barcelona looks on during the friendly match between FC Barcelona and Manchester City at Camp Nou on August 24, 2022 in Barcelona, Spain. (Photo by David Ramos/Getty Images) BARCELONA, SPAIN - AUGUST 24: Franck Kessie of FC Barcelona looks on during the friendly match between FC Barcelona and Manchester City at Camp Nou on August 24, 2022 in Barcelona, Spain. (Photo by David Ramos/Getty Images)
ARTICLES1 hour ago

Transfer News: Tottenham Hotspur well placed to sign 25-year-old Barcelona player

Tottenham Hotspur well placed to sign FC Barcelona midfielder Franck Kessie According to Diario AS (h/t Football London), Tottenham Hotspur...

Brazil international Richarlison returns to Tottenham Hotspur training. Brazil international Richarlison returns to Tottenham Hotspur training.
ARTICLES13 hours ago

“They are building”- Pundit believes Richarlison could leave Tottenham if a huge offer arrives

Real Madrid target Richarlison could leave Tottenham Hotspur if a huge offer arrives – pundit Former Tottenham Hotspur and England...

Denzel Dumfries is joined by Alessandro Bastoni at the top of Tottenham's transfer shortlist. (Photo by Francesco Pecoraro/Getty Images) Denzel Dumfries is joined by Alessandro Bastoni at the top of Tottenham's transfer shortlist. (Photo by Francesco Pecoraro/Getty Images)
ARTICLES22 hours ago

“Ideal player”- Tottenham urged to seal “brilliant” Holland star as upgrade on Emerson Royal

Spurs News: Tottenham Hotspur told to sign Denzel Dumfries as Emerson Royal upgrade Former Tottenham Hotspur and England goalkeeper Paul...

Ecuador's Piero Hincapie at the 2022 FIFA World Cup. (Photo by ANTONIN THUILLIER/AFP via Getty Images) Ecuador's Piero Hincapie at the 2022 FIFA World Cup. (Photo by ANTONIN THUILLIER/AFP via Getty Images)
ARTICLES23 hours ago

Transfer News: Arsenal and Tottenham locked in a race for Ecuador international

Arsenal in transfer race with Tottenham Hotspur for the signing of Bayer Leverkusen defender Piero Hincapie Tottenham Hotspur and North...

Jonathan David of Lille has been linked with a transfer to Tottenham Hotspur in the past. Jonathan David of Lille has been linked with a transfer to Tottenham Hotspur in the past.
ARTICLES1 day ago

Romano gives sobering update on Tottenham Hotspur’s links with Jonathan David

Tottenham Hotspur have held no discussions yet with LOSC Lille for the transfer of Jonathan David LOSC Lille are yet...

Leipzig's French midfielder Christopher Nkunku (L) and Leipzig's French defender Mohamed Simakan celebrate after winning the German first division Bundesliga football match between RB Leipzig and SC Freiburg in Leizpig, eastern Germany, on November 9, 2022. - DFL REGULATIONS PROHIBIT ANY USE OF PHOTOGRAPHS AS IMAGE SEQUENCES AND/OR QUASI-VIDEO (Photo by Ronny HARTMANN / AFP) / DFL REGULATIONS PROHIBIT ANY USE OF PHOTOGRAPHS AS IMAGE SEQUENCES AND/OR QUASI-VIDEO (Photo by RONNY HARTMANN/AFP via Getty Images) Leipzig's French midfielder Christopher Nkunku (L) and Leipzig's French defender Mohamed Simakan celebrate after winning the German first division Bundesliga football match between RB Leipzig and SC Freiburg in Leizpig, eastern Germany, on November 9, 2022. - DFL REGULATIONS PROHIBIT ANY USE OF PHOTOGRAPHS AS IMAGE SEQUENCES AND/OR QUASI-VIDEO (Photo by Ronny HARTMANN / AFP) / DFL REGULATIONS PROHIBIT ANY USE OF PHOTOGRAPHS AS IMAGE SEQUENCES AND/OR QUASI-VIDEO (Photo by RONNY HARTMANN/AFP via Getty Images)
ARTICLES1 day ago

Tottenham’s summer transfer target renews contract with RB Leipzig

Spurs Transfer News: Tottenham target Mohamed Simakan renews RB Leipzig contract Tottenham Hotspur targeted a move for RB Leipzig’s Mohamed...

Transfer News: Tottenham Hotspur could face competition from Chelsea for Denzel Dumfries. Transfer News: Tottenham Hotspur could face competition from Chelsea for Denzel Dumfries.
ARTICLES1 day ago

Serie A side place £50m price tag on 26-year-old Tottenham transfer target

Inter Milan name price tag for Tottenham Hotspur transfer target Denzel Dumfries Tottenham Hotspur could have to shell out 50million...

Sporting Lisbon's Pedro Porro reacts after missing a chance against Tottenham Hotspur in the UEFA Champions League group stage match at N17 (Photo by BEN STANSALL/AFP via Getty Images) Sporting Lisbon's Pedro Porro reacts after missing a chance against Tottenham Hotspur in the UEFA Champions League group stage match at N17 (Photo by BEN STANSALL/AFP via Getty Images)
ARTICLES2 days ago

Transfer News: Tottenham and Barcelona among four giants chasing Spanish full-back

Spurs Transfer News: Tottenham and Barcelona among teams chasing Sporting CP right-back Pedro Porro Tottenham Hotspur, Real Madrid, Barcelona, and...

BARCELONA, SPAIN - AUGUST 24: Franck Kessie of FC Barcelona looks on during the friendly match between FC Barcelona and Manchester City at Camp Nou on August 24, 2022 in Barcelona, Spain. (Photo by David Ramos/Getty Images) BARCELONA, SPAIN - AUGUST 24: Franck Kessie of FC Barcelona looks on during the friendly match between FC Barcelona and Manchester City at Camp Nou on August 24, 2022 in Barcelona, Spain. (Photo by David Ramos/Getty Images)
ARTICLES2 days ago

Tottenham linked with a move for midfielder who joined Barcelona this summer

Tottenham linked Barcelona midfielder Franck Kessie but face Fulham and Aston Villa battle Franck Kessie has been linked with a...

Richarlison celebrates after scoring a goal for Brazil against Ghana. Richarlison celebrates after scoring a goal for Brazil against Ghana.
ARTICLES2 days ago

Tottenham star Richarlison takes to Instagram to celebrate Brazil’s win vs South Korea

Richarlison reacts after Brazil’s impressive 4-1 win against South Korea Tottenham Hotspur star Richarlison has reacted on Instagram after Brazil’s...