For Amanda Staveley and other interested parties, Tottenham Hotspur is the most alluring club on the market, according to football finance specialist Kieran Maguire.
Takeover talks progressing
Tottenham’s long-standing pursuit of minority investment has been widely known, as Daniel Levy has often said over the previous 12 months.
Amanda Staveley, a former Newcastle co-owner, has been prominently linked to plans to acquire an interest in Spurs during the past several weeks.
According to Football Insider, Staveley is reportedly purportedly receiving “serious money” from the Middle East and is “advancing on plans” to purchase about 25% of the North London team.
Spurs very lucrative
Previous reports have also said that talks about purchasing a part in the Spurs have been held by other investment groups, such as MSP Sports Capital (Daily Mail) and Liberty Media (The Times).
As of late, Maguire has clarified that the Tottenham Hotspur Stadium’s capacity to generate income is what draws potential investors to the club in particular.
“The stadium is now a multi-function venue that happens to host a football team,” he said to TBR Football. Since there is more non-football activities going on there than actual football, it must be viewed in that context.
Therefore, you have to give the club a lot of credit for developing connections with other partners. This year, they plan to raise £250 million. That provides even more support for the plan to vacate the old stadium.
“The final season’s commercial income in the old stadium was £73 million.” In seven or eight years, they will have multiplied it by three and a half times. That is just amazing.
No issues for Staveley
The news that Staveley’s firm, PCP Capital Partners, had entered liquidation (TBR Football) earlier this month seemed to put a stop to her plans to acquire Tottenham.
Nonetheless, Maguire emphasised that this will not affect the 51-year-old’s aspirations to become a Spurs fan.
Regarding the most recent development, the finance specialist stated, “I don’t think this will have any significance in terms of minority investment.” Staveley acts as a go-between. She resembles an agent in several ways. Her job is to arrange meetings between parties by utilising her vast and varied network of contacts.
Here, that will be the main focus. I am aware that the US and the Middle East have a great deal of interest in the Spurs. You can understand why that could be the case, considering they are arguably the most appealing club available right now. They are the leaders in their classes in both fields, thus no infrastructure expenses are needed.
Since they are based in London, their fan base is accustomed to paying high fees. Last season, matchday income totalled £118 million. If they have a strong season, they may surpass Manchester United.
Thus, the Spurs have a lot of potential. Staveley is a person with extensive executive-level experience and a network of contacts to close deals.
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