Home » ARTICLES » English business tyccon confirms ‘exciting’ Tottenham efforts to land Middle East capital

English business tyccon confirms ‘exciting’ Tottenham efforts to land Middle East capital

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Tottenham could bring back 'top quality' former Manchester United star to England.

Tottenham chairman Daniel Levy has admitted in recent weeks that the club are actively looking for new capital holders.

Many new and old names have thus resurfaced as another Premier League giant goes on the market. One old name is once again making moves.

Amanda Staveley set to advance Tottenham takeover talks

Amanda Staveley set to advance Tottenham takeover talks

As reported by Football Insider, British businesswoman Amanda Staveley is advancing her efforts to add a Middle East party to the consortium that will look to invest in Tottenham Hotspur.

In a recent Spurs fan forum, club chairman Daniel Levy expressed the need for the club needing more capital.

“We announced with our last results that we believe this club needs a bigger capital base because we’ve got a lot of exciting projects on the horizon and we want to make further investment in the teams.

“Some form of minority investment is what we’re looking for. We’ve got nothing to announce at the moment but we are in the market.”

Levy, as quoted by Evening Standard.

Staveley, who sold her 10% stake in Newcastle United earlier this summer after helping the club be acquired by a Saudi Arabia-led consortium nearly three years ago, has been in the market for investment in another Premier League club and has been seen at Tottenham games recently.

Spurs are valued at £2.42 billion by Forbes, though inside the club the valuation is estimated around £3.75 billion.

Spurs’ greatest hope

At the end of the day, it comes down to money, and few parties will be able to offer the commercial might of any person or entity, state-backed or otherwise, from the Middle East if their recent attempts are to be taken into account.

Levy and Co have already been in touch with PSG’s owners, making Qatar one of the likeliest potential investors, especially after failing to land Man United.

Of course, this is the outcome most Spurs fans would want.

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