SHOCKING NEWS; Tottenham Hotspur confirm new ownership of club
Amanda Staveley would have to pay an “extraordinary” price to purchase a minor stake in Tottenham due to the club’s high valuation.
That is the view of finance expert Stefan Borson, who exclusively told Football Insider he would be “very surprised” if the British businesswoman bought a share in Spurs for a much higher fee than what she previously invested in Newcastle.
Staveley and her husband Mehrdad Ghodoussi took a 10 per cent stake in Newcastle after helping Saudi Arabia’s Public Investment Fund (PIF) secure their £305million takeover of the club in 2021 before leaving the club earlier this summer.
Football Insider revealed on 1 October Staveley is now advancing on plans to make a sizeable investment in Tottenham with Middle Eastern money.
It comes after The Times reported on 27 July Spurs chairman Daniel Levy is in talks to sell a 10 per cent stake in a deal that could value the club at up to £3.75billion, including the current debt.
Tottenham valuation too high in Amanda Staveley deal
But Borson doesn’t believe Staveley would purchase a stake in the north London club at that valuation.
“I’m sceptical, but I’ve been wrong many times,” Borson told Football Insider.
“First of all, she is very well connected, so there are lots of places she can pull in money, particularly from the Middle East.
“Therefore, she could find the funding to buy a slice of Tottenham at what I would consider to be a very high valuation.
“The sorts of numbers that were on the front page of The Sunday Times were about £3.75billion, which would be an extraordinary price given Tottenham’s profile.
“It just seems unlikely to me, especially at that valuation. I just don’t really see that it makes sense to buy a minority stake in Tottenham at £3.75billion valuation.
“That seems to be a bit of a pointless exercise, especially when Amanda Staveley has come from another massive club that she had a part of and was bought for about a tenth of that.
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