£4.5bn Spurs Takeover Bid Could Impact West Ham Future
Tottenham Hotspur are reportedly the target of a US consortium which has launched a record £4.5billion takeover bid.
Reports suggest that tech entrepreneur Brooklyn Earick is leading a group that has approached ENIC, just weeks after Spurs’ owners rejected two informal offers for their majority stake in the North London club.
If successful, the takeover could have two major implications for West Ham.
Firstly, former Tottenham chief executive Daniel Levy would pocket around £800m for his shareholding. Levy has previously been linked with a move for West Ham, should current majority shareholder David Sullivan decide to sell.
Secondly, such a huge deal could further inflate Sullivan’s already ambitious valuation of West Ham. Many believe the chairman’s pricing is the key reason there has been little genuine interest in a full takeover, with a significant disparity between the value of the Gold family’s shares and Sullivan’s own.
Meanwhile, Amanda Staveley, who had also shown interest in Tottenham without tabling a formal offer, is now rumoured to be considering a move for West Ham instead.
Hammers Chat my first game was West Ham 10-0 Bury . . . seriously!
We than went and bought Bury's central defender 😬⚒️ Irons
Connoisseur of salted caramel doughnuts and I love a Sloppy Giuseppe pizza although I'm slightly suspicious where the name came from.
When I'm not moaning about West Ham I can be found walking a dog that looks like a sheep and tinkering with pinball machines.
More West Ham moaning is done on a daily basis here 👇👇