Finance expert Dan Plumley values Tottenham Hotspur at around £4bn
Tottenham are going through a lot of chopping and changing in recent days as the club looks to kickstart a new era at N17. The Lilywhites recently announced the shock departure of Daniel Levy, with the Englishman ending his 24-year stint as the club chairman. It is fair to say that the news of Levy’s departure came as a surprise to everyone involved with the North London club in any capacity.
Now, the Lewis family are taking control of Spurs as they look to focus on bringing silverware back to N17 on a regular basis. The Lilywhites also have a new-look hierarchy, with Vinai Venkatesham leading the way to ensure that the primary focus of the North London club remains on the performances on the pitch.
Many fans will be glad to see the backside of Daniel Levy after protesting against him for several years. But it is fair to suggest that the Englishman has given Spurs a great platform to build on take the final step, that is, winning major trophies. Levy has left the club with a world-class stadium, amazing training facilities, and endless revenue streams through numerous sponsorship deals.
Tottenham’s valuation might be on a rise due to strong financials
It was reported earlier that Tottenham are in the midst of takeover talks after the club announced the departure of Daniel Levy. As of now, the Lewis family, majority shareholders of ENIC, have no intentions of selling the North London club anytime soon. But there might be a possibility that the end up considering that decision if the right offer comes in.
Keeping that in mind, finance expert Dan Plumley has given an estimation on how much Spurs are valued at as of now. Speaking to Tottenham News, Plumley said,
“We don’t often focus on the upside as well, which is where you can push that a little bit higher (£3bn valuation), so you add Champions League into that, you add a stadium naming rights deal into that that’s not yet been signed. And that’s when you can start to sell the upside, and of course, it’s a prestigious Premier League football club located in London, so all of those factors come into it.”
The finance expert added,
“So I think £4bn is fair, and I think that’ll probably be the market prices we’re already starting to see, that’s going to be the starting point, and whoever’s going to come in is going to have to have a fair amount of money.”
Dan Plumley believes that Champions League football, stadium’s revenue and naming rights, and the club’s location will all help in pushing Tottenham’s valuation higher. The finance expert suggests that the Lilywhites should be values at £4bn due to their strong financials as well. Plumley adds that this valuation will be considered as the starting point for any investor that wants to buy the North London club in the future.
Well, it looks like the Spurs fans are in for a ride as the direction the club is heading into is still unknown. The takeover talks and the massive changes in the board level could not have come at a worst time for the Lilywhites, as they look to get their Premier League campaign back on track. Not only that, but the commencement of Champions League football in a few days’ time will not help the club’s cause either.
