'I Can See It Happening' - Keith Wyness drops Tottenham takeover verdict as new details drop

Everton’s former chief Keith Wyness has claimed he expects Tottenham to sell around “10-15%” of the club to bring in a minority investor.

Speaking on the new edition of Football Insider’s Inside Track podcast, the 66-year-old – who served as CEO at Goodison Park between 2004 and 2009 and now runs a football consultancy advising elite clubs – insisted the widely-reported valuation of £3.75billion is “not far away” from coming to fruition.

According to The Times (27 July), Tottenham chairman Daniel Levy is in talks to sell a minority stake in a deal that could value the club at up to £3.75 billion.

Enic, an investment company fronted by Joe Lewis, currently owns 86.6 per cent of the club – who also have around 30,000 smaller shareholders.

The development of the club’s 62,850-capacity stadium has boosted the value and attractiveness of Tottenham since it opened in 2019.

Tottenham valuation of £3.75bn is ‘realistic’, says Wyness

Wyness claimed Enic and Spurs won’t consider a full takeover at this time.

He told Football Insider‘s Insider Track podcast: “I think it is a realistic valuation, given the stadium.

“Daniel Levy has been known over the years as one of the best negotiators, always pushing for the highest valuations – whether that’s sponsorships or player sales.

“He’s a good operator and £3.75billion is not far away. I can see how that can happen.

“I’ve also read today that Newcastle are valued at £1billion, when it seems like yesterday they were bought from Mike Ashley for £300million.

“It’s interesting to watch. What they’re really after is a minority investor, not a full takeover for the full amount.

“They want someone to take around 10-15%.”

In other news, midfielder in advanced talks over Tottenham deal.

For more Tottenham and exclusive news, follow us on Facebook or join our brand new WhatsApp Channel for instant updates to be sent straight to your phone.

The post 'I Can See It Happening' - Keith Wyness drops Tottenham takeover verdict as new details drop appeared first on Football Insider.