Tony Cascarino thinks that Tottenham are being put up for sale but does not believe Daniel Levy will be able to receive anything close to his alleged valuation.
It has been claimed by The Telegraph that the Spurs chief quoted a potential buyer of the club, which is owned by Joe Lewis, a price of £3.5 billion to purchase.
The report added that the figure was enough to put the party off and experts in the industry have laughed off Levy’s valuation.
However, Levy managed to put Spurs and the club’s £1 billion stadium on the map recently, successfully holding Anthony Joshua’s heavyweight title bout against Oleksandr Usyk – an event which drew in millions of spectators globally.
Although the club appears to be succeeding off the pitch, on it has been difficult, with Spurs competing in the Europa Conference League and way off Europe’s elite.
The club’s behaviour in attracting multiple interests by holding different events has led Cascarino to believe Tottenham are being put up for sale, but adds the on-pitch struggles will hold back Levy’s mammoth valuation.
He told talkSPORT: “I have had this feeling for a while. I believe in this, I think they have been putting the club up for sale. It was muted out last week that they wanted £3.5bn for the club.
“I feel like it’s acting like the club that wants to make the franchise of what they have got, as big as they can.
“Get Boxing on there, American football on and create a stadium to create more revenue. Then sell the club.
“That’s what I think they are doing. They have done so much towards the ground, the infrastructure and the training ground.
“But the team has suffered, with what they have on the pitch. They aren’t going to get it (£3.5bn) for the club.”
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The events have been good for the stadium’s exposure, which will be music to Levy’s ears. It is good at bringing in extra income to the club, though many feel that the football team has been somewhat neglected as a result. The club’s ownership and direction has been criticised plenty before, and many wouldn’t mind seeing it sold in the near future.
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