The Daily Mail have revealed that a number of American investors are circling over Tottenham after Daniel Levy confirmed that the club are looking for additional investors.
Spurs released their financial results for the 2022/23 year on Wednesday and while the club had registered a 24 per cent increase in revenue from £487.9m to £549.6m, the club ended up posting significant losses.
This is because the operating expenses, including the wage bill, had increased, with the Lilywhites posting a loss of £86.8m during the financial year, with the total losses over the three-year period rising to £232m.
However, Spurs are not thought to be in any immediate danger of failing to comply with the Premier League’s Profit and Sustainability Rules as the annual depreciation charge of £72m for the stadium is not something that is included in the PSR calculations (Football.London).
American investors interested in Tottenham
Levy confirmed that the Tottenham board are in discussions with potential investors on the back of the losses that they posted.
The Spurs chairman clarified why the club had decided to pursue additional investment, stating: “To continue to invest in the teams and undertake future capital projects, the club requires a significant increase in its equity base.”
While the club did not reveal who those investors are The Mail have now suggested that Qatar Sports Investments, who own Paris Saint-Germain, have expressed an interest before.
The publication adds that a number of American investment groups are also quite keen on buying a stake in Tottenham.
Spurs Web Opinion
One can understand why the club is looking for minority investors rather than a full sale. That would give them the additional operating capital while still ensuring that Levy continues at the helm and makes all the big decisions.