Tottenham’s search for a potential buyer is set to be affected significantly as a new regulator for English football will soon be passed into law, and a very interesting detail has now come to light about the new regulator.
Over the last 12 months, there have been plenty of rumours doing the rounds regarding a potential takeover or a minority investment into Tottenham Hotspur.
It was first reported that former Newcastle owner, Amanda Staveley had held talks with Daniel Levy, but that now appears to have fizzled out.
Earlier this year, it was revealed that several American investors had shown interest in buying a stake in Spurs, but even that has not amounted to much so far.
More recently, it has been rumoured that a group of private investors from Qatar have shown interest in a full buyout of Tottenham.
However, none of these talks have progressed, with Spurs fans still waiting for concrete news regarding a potential takeover of the club, with many Tottenham supporters wanting to see the back of Daniel Levy and ENIC.
TBR Football point out that Spurs have been on the market since April of last year and one factor is about to affect Daniel Levy’s search for an investor.
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A regulator for English football will soon be passed into law, with a bill currently making its way through parliament.
Among his many duties, the incoming regulator will have the power to introduce a new owners’ and directors’ test, and he could veto any takeovers if he feels that the parties buying any Premier League club do not pass the test.
Interestingly, the outlet reveals that the government’s preferred candidate to chair football’s new independent regulator, David Kogan, is a Spurs fan.
Kogan, who has an impressive CV spanning media, marketing and politics, will be expected to be impartial in that role, but TBR Football suggest that it might help Tottenham to have someone who understands the club in a position of power.
Tottenham hierarchy will have one immediate concern
It does not appear as if a takeover is imminent and the club will thus have to plan for the upcoming transfer window without the expectation of any outside investment.
Daniel Levy has already warned that Tottenham’s recent transfer spending is not sustainable, which indicates that the club are not prepared to take any gambles this summer.