Finance Expert reacts to £6bn takeover suggestion at Tottenham
Dan Plumley insists that a £6billion valuation is not unrealistic shortly at Tottenham as a takeover continues to be mooted. Stan Collymore recently suggested that... The post Finance Expert reacts to £6bn takeover suggestion at Tottenham appeared first on Tottenham Hotspur News.
Dan Plumley insists that a £6billion valuation is not unrealistic shortly at Tottenham as a takeover continues to be mooted.
Stan Collymore recently suggested that Daniel Levy and Joe Lewis could walk away with a “ridiculous” figure in that region if a takeover is completed.
Plumley, a football finance expert, admitted that sustained Champions League football and success with the stadium is needed to drive that value upwards.
“It’s not easy to get a true value on a football club,” he exclusively told Tottenham News.
“I don’t think £6billion is too unrealistic for Spurs, and of course, there is lots of noise within that around what other clubs have sold for, that will always be a marker.
“If you look at Spurs and the long-term revenue proposition that the stadium generates, not just in football operations but in all the other things they are trying to do and being an established Premier League club competing in Europe and if they can get back into the Champions League and sustain that, I don’t think a valuation of £6billion is too unrealistic.
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“Of course, you’ve still got to agree that number and get somebody to pay it, but any kind of valuation model or a number of models has them around £3billion or £4billion at the minute, so it’s conceivable with growth that £6billion could be an option in the future.
“Obviously, that is dependent on delivering that growth but it is not too far away from being a realistic figure if they can drive that value up in the years to come.”
It is no secret that Levy is looking for new investment at Tottenham.
John Wenham believes that Amanda Staveley’s purchase of a 12.5 per cent stake in the club is “imminent” and that could lead to a full takeover down the line.
This is certainly something to watch closely.
In other Tottenham news, the club have picked their favourite option to replace Postecoglou in a sack decision.
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The post Finance Expert reacts to £6bn takeover suggestion at Tottenham appeared first on Tottenham Hotspur News.
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