Finance guru Dr Dan Plumley has claimed Tottenham could be sold for as much as £2 billion by owners ENIC if a buyer can be found for a takeover.
Investment company ENIC has held a controlling stake in Tottenham since 2000, with Daniel Levy designated as the daily operator of the club.
However, The Athletic revealed last week that Tottenham are now up for sale ‘more than ever before’, with the club’s owners recently alleged to have spoken to potential investors.
Despite this, the report explained there is currently no rush to find a buyer and it is understood the asking price of the club will not be met at this moment in time.
However, Plumley, who is a sports finance expert at Sheffield Hallam University, believes Spurs are at their highest valuation yet and, as a result, are expected to draw in a significant amount of money for any potential purchase.
He told Football Insider: “It’s a tricky one. In terms of peak value, Spurs are as high as they’ve ever been, especially with the move to the new stadium.
“Most valuations would have the club at around £1.5bn to £2bn. If you look at what they paid for the club, it was just £22 million back in the early 2000s. The club was valued at £80m at that point, so you can see that huge jump to £2bn at the top end.
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“There is a lot of debt linked to the stadium. But look at the NFL contract and the fact that it’s a multi-use stadium. There is a lot of revenue potential there and that is a big pull to any investor.
“The sticking point at the moment for an investor is Champions League football. That adds a few zeroes because of the money and exposure.”
Spurs Web Opinion
The valuation of the club is pretty high right now with the stadium and training centre being essentially brand new, so it is likely that a massive price tag will be set.
The problem is finding a buyer willing to shell out close to the valuation, and that is where the consistency of acquiring Champions League football comes in as a selling point.
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