Daniel Levy, the chairman and co-owner of Tottenham, is one of the Premier League’s most controversial personalities. The relocation to the new stadium in 2019 propelled Tottenham into a new financial plateau, and the 62-year-old executive, who was born in Essex, has overseen the most revolutionary period in the team’s history.
Spurs are currently among the top teams in Europe under Daniel Levy’s leadership, and in the upcoming years, their EBITDA—a measure of a company’s cash performance—is predicted to skyrocket. But this is merely noise to diehard Spurs supporters. They believe that on-field accomplishments—rather than those seen on the balance sheet—are the only true performance market in football. The League Cup victory in 2008 was the last time a Spurs captain was spotted on the podium celebrating a victory, and they still haven’t won that coveted trophy.
Levy and ENIC, who between them own just under 87 per cent of the club, are sometimes accused of holding Spurs back through their cost control.
The data shows that argument does hold water to an extent.
In the most recent fiscal year, Tottenham’s squad costs (including amortization and wage bills) accounted for 66% of their overall revenue. In the Premier League, that was by far the lowest. Amanda Staveley is one of the people who has been connected to a minority buy-in, which is one reason why so many Spurs supporters in N17 applauded the news that the team is looking for minority investment. It is hoped that Ange Postecoglou and Johan Lange’s budget for hiring and retaining staff will be strengthened by the funds provided by the financier’s consortium. Spurs are reportedly attracting a lot of attention from Middle Eastern and American investors, even when Levy’s notorious negotiating approach is taken into consideration.
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