The investors who have expressed interest in a takeover of Tottenham Hotspur believe that there is a ‘huge’ opportunity to improve the club’s revenue.
According to reports, since Daniel Levy’s departure, two different consortia have held talks with Tottenham regarding a takeover of the club.
Spurs have confirmed that they rejected two approaches to buy a stake in the club, including one from PCP International Finance Limited, headed by former Newcastle United chief Amanda Staveley.
Subsequently, PCP said that it does not intend to make an offer for Spurs but “reserves the right under the Takeover Code to re-enter negotiations if another party makes a formal offer.”
Potential investors believe Tottenham’s revenue can be grown
According to Football Insider, there is one belief which is shared about Tottenham by potential investors, which is why there is so much interest in the North London club.
Many of the investors are particularly interested in Spurs as they see significant potential to increase the club’s revenue.
The report reveals that the commercial opportunities tied to the NFL games and concerts being held at the Tottenham Hotspur Stadium are seen as a golden goose by many in the industry.
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Interested parties also believe that there is scope for further development around the club’s stadium, which could add to Tottenham’s revenue streams.
Interested parties have been given a deadline by Spurs
This report from Football Insider says that apart from PCP International, an unnamed American consortium has also expressed interest in the takeover of Tottenham.
This comes after news that Spurs have set October 5 as the deadline for interested groups to declare whether or not they intend to bid for the club.
We might thus receive confirmation very shortly on how many different interested parties from around the club are seriously considering bidding for a stake in Spurs.