Football finance expert Dan Plumley believes a full Amanda Staveley takeover at Tottenham would cost more than £3billion.
The former Newcastle United chief was spotted at the Tottenham Hotspur Stadium during the NFL match between the Chicago Bears and Jacksonville Jaguars amid reports she is in advanced talks for a stake in Spurs [The Mirror, 28 September].
Although Plumley admits that an initial minority stake in the Lilywhites could open the door to a potential full takeover, he insists Staveley will need further investment from other sources to match Spurs’ valuation.
“I think that’s probably likely,” Plumely exclusively told Tottenham News.
“Just looking at the financials of it, if you were to look at Spurs as a full takeover, you’re probably looking north of £3billion.
“That’s going to be the starting price and of course, Spurs will argue that it should be a little bit higher than that as well.
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“If you’re in that sort of £3billion to £4billion region for a full takeover, that doesn’t suggest that this particular ownership structure could do that on their own.
“It would have to be a link up with some other consortiums as a full takeover or as we’ve seen rumoured, it could be a minority stake at the start with a view to grow that in the future.
“I think that kind of approach rather than a full outright takeover for me looks a little bit more right against the financial climate.”
Spurs and Daniel Levy’s desire for new investment in North London is by no means a secret, but the initial signs suggest that the Lilywhites are not desperate for a full takeover at this moment in time.
If reports are to be believed, it shouldn’t be too long until Staveley’s stake in Spurs is confirmed by the club and then it will be interesting to see whether or not the former Newcastle chief stops there or pushing for a complete deal.
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