'Brilliant platform'- Finance expert believes Tottenham are still in demand amid takeover rumours; valuation deemed high

There is almost a certainty that Daniel Levy prefers qualifying for Champions League football more than winning a major trophy. Jose Mourinho also had a slight dig at the Spurs chairman immediately after the club won the Europa League, stating that Levy would be happier for receiving the Champions League money next season than ending the club’s long-standing trophy drought.

Stefan Borson believes Tottenham are a good investment for potential buyers

Tottenham have the best training centre and the best stadium in the Premier league without a shadow of a doubt. As per Football Insider, Spurs are edging closer to agreeing a takeover deal and the club value has risen to £5billion in recent months. The Europa League success has also helped the North London club’s cause as they received a huge influx of money for winning the competition and qualifying for the Champions League.

Now, finance expert Stefan Borson believes that Tottenham are still an exciting project to invest in despite the lack of domestic success. Speaking to Football Insider, Borson said,

“I think that £5billion valuation is extremely unlikely. That doesn’t mean Spurs can’t be sold. I think Spurs is a brilliant platform for somebody, given all of the blocks that are there. The London piece, the stadium piece, the blank slate to some extent because of this relatively low wage bill that they have.”

The finance expert added,

“You don’t have the same complexity that you would have if you were to buy one of the teams that’s spending a lot more money, so it is a good platform for somebody. If it’s a consortium or a private-equity house, then I would suggest that they’re looking for a bit more certainty of value going forward than a football club.”

Stefan Borson has suggested that no suitor will bid £5billion to takeover the reigns at Tottenham. But the finance expert added that the Lilywhites are still a good investment, given the club’s location, the stadium, and the low wage bill. Borson also insisted that the only concern for the potential suitors would be the lack of sources from where the club would earn their money back, as Champions League football will not be a guarantee every year.

It remains to be seen what Daniel Levy and the ENIC decide to do after taking the club through the trenches in the last two decades. The lack of success on the pitch and the focus on making Spurs a commercial club has taken the soul out of the North London club. The constant scrutiny that the owners have faced from the fans over the years may force them to sell the club soon.