Former Everton and Aston Villa CEO Keith Wyness is of the opinion that the next full owners of Tottenham will initially arrive as minority partners before increasing their share in the club.
Tottenham Hotspur are up for sale
It is now an open secret that Spurs are looking for a minority sale, with Daniel Levy himself last year when Tottenham’s financial statements were released that the club are on the lookout for potential investors.
Last month, The Times reported that Spurs are valued at £3.75 billion by their chairman, who is currently in talks over minority investment into the club.
The report asserted that the Lilywhites are willing to sell up to 10 per cent of the club and that several investors have allegedly shown interest.
It was previously reported by The Daily Mail that multiple US-based investment groups had contacted the North London club about a potential minority takeover.
We could see new Spurs investment in three months
Wyness believes that a minority sale of Spurs could go through within the next three or four months, suggesting that it could eventually turn into a full takeover.
The former Everton chief told Football Insider: “Spurs have been talking to potential investors for a long time now, in the last five years it has stepped up.
“Many of the world’s biggest investors have had those conversations but nothing has come of it yet. I do believe that 15% of the club will go to someone very soon.
“Spurs will be very clever about which strategic partner they choose. They’ll want more than just the money – they want someone to bring something extra.
“The bottom line of the investment will be worth it, but Daniel will want top dollar – and that has been the downfall of this process in recent years.
“Another sticking point could be around potentially having the right to buy further shares in the future.
“We could see the next full owners of Tottenham coming in, initially as minority partners. It’s a great asset and I expect that 15% to go within the next three or four months.”
Spurs Web Opinion
Levy and ENIC have never hidden the fact that their ultimate plan is to cash in on the club and it would make sense for them to pursue a minority investor first before selling bigger chunks of the club if things are running smoothly.