Tottenham Hotspur have been linked with a takeover in recent months, and it seems that a US-based consortium is looking to buy them in a deal worth £4.5 billion.
According to a report from The Sun, they will set aside a budget of around £1.2 billion for signing and wages.
Tech entrepreneur Earick Brooklyn has formed a 12-man group that plans to take over the North London club and transform them into a footballing giant. It will be interesting to see if ENIC are prepared to sanction the takeover in the coming months.
The investment could transform Spurs
The huge investment plan for the club could certainly transform them on the pitch. It will help them bring in elite players who can help Tottenham fight for the league title and the UEFA Champions League.
Even though they have an exciting project and a quality team, they are not quite at the level required to fight for the league title or the Champions League consistently. They will need a massive investment in order to match up to the likes of Arsenal, Liverpool or Manchester City. The takeover could be the solution to their problems.
Exciting times ahead for Tottenham fans
Tottenham fans will certainly be excited with the news, and it remains to be seen how the situation develops. The Tottenham hierarchy has often been criticised for their lack of ambition, and selling the club to a group with more funds could be ideal for all parties.
Daniel Levy has recently left the club, and that could also play a key role in the takeover. It remains to be seen whether all parties can come to an agreement in the coming months. Tottenham are certainly a lucrative proposal for most investors. The London-based club has world-class facilities and an interesting project.