A consortium from Qatar is thought to be the most likely to carry out the proposed takeover of Tottenham.
Over the past 18 months, American billionaires and representatives of private equity institutions have also discussed purchasing Tottenham, albeit no formal negotiations have yet been reached.
The Spurs chairman, Daniel Levy, has been blamed for the lack of a takeover as he is insistent on the club’s 3.75 billion valuation.
Levy and Tottenham are awaiting the best possible deal.
Levy’s demands have been criticized as being unrealistic by some, but Dan Plumley believes he has good reason to be waiting for such a sum, particularly in light of Tottenham’s recent success both on and off the field.
The football financial specialist believes that Levy is waiting for the best price for Spurs, not that there isn’t much interest in purchasing the team, which is why a takeover hasn’t happened yet.
Plumley is aware that discussions will be “tricky” regardless of how people perceive Levy’s position, even though the Qataris are thought to be the most likely candidates.
“I think that’s a reasonable assumption; we’ve seen Spurs do that before, haven’t we?” Tottenham News was exclusively informed by Plumley.
“We know there have been other people considering them, but I’m made to believe that the Qatar transaction is definitely one of the more likely ones. As always, I believe it boils down to negotiation and valuation.
“You will be waiting for the very top end of your price range given everything Spurs have done off the field in recent years, including the new stadium, the NFL and Formula One deals, and everything we discussed.
Spurs must eliminate ENIC.
“I understand that it will finally come down to negotiating. It’s kind of debatable whether or not he [Levy] is holding it up.
“I believe he’ll be seeking a valuation that aligns with Spurs’ estimation of their worth, which is always challenging, particularly when working with billionaires rather than millionaires and egos are involved.”
Tottenham has achieved significant success off the field, displaying sound financial records and constructing a brand-new, cutting-edge stadium that can accommodate events other than football.
But because they haven’t won a trophy in nearly 20 years, Spurs have established a reputation as one of the weakest Big Six teams.
The North London club’s ownership under ENIC has fallen far short in this regard, which is also why it’s imperative that they be acquired by a company that can move them ahead.
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