Tottenham is looking for new investors, and the first interested parties have stepped forward. One of them had already expressed interest, and they are the owners of Paris Saint-Germain. We’ll explain more about it below.
According to The Daily Mail, Tottenham Hotspur has sparked interest from numerous American investors after Daniel Levy confirmed the club’s hunt for more funding. The Mail also mentions a few prior suitors.
Spurs‘ financial report for the fiscal year 2022-2023, released on Wednesday, revealed a huge increase in income from £487.9 million to £549.6 million. However, the club suffered significant losses due to increased operating expenses, notably wages, culminating in an £86.8 million deficit for the fiscal year and a total loss of £232 million over three years.
Tottenham is not at risk of violating the Premier League’s Profit and Sustainability Rules, according to Football.London. This is because the stadium’s annual depreciation charge of £72 million is not included in the PSR calculations.
PSG owners have expressed interest in obtaining a stake in Tottenham.
Levy confirmed continued negotiations with possible investors, emphasising the need for more equity to support team investments and future projects. He goes on to say, “To continue to invest in the teams and undertake future capital projects, the club requires a significant increase in its equity base.”
While the identities of these possible investors are unknown, the Daily Mail reports that Qatar Sports Investments, the owners of Paris Saint-Germain, have already expressed interest. Additionally, the article suggests that numerous American investment organisations are interested in acquiring a stake in Tottenham.
So, let’s answer the question. Is it conceivable for the owners of PSG to buy Tottenham? Very likely not. Levy’s aims appear clear: to maintain ultimate authority while inviting new financial resources that can benefit the project. Aside from making sense, it’s a model that even QSI is using with the Paris club.
So, if we had to speculate, Tottenham will remain mostly controlled by the ENIC Group.
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