Finance expert: Tottenham still a ‘desired’ club despite dismal domestic campaign; takeover rumours intensify

It has been a ‘rollercoaster’ season for everyone involved with Spurs, with the club enduring a lot of ups and downs. The silver lining amidst all the scrutiny surrounding the disastrous Premier League campaign, is that Tottenham managed to end its 17-year wait for a major trophy by winning European silverware. Winning the Europa League also ensured Champions League football for next season.

Tottenham valuation still soaring high despite poor Premier League campaign

Tottenham might have taken a financial hit following their poor domestic campaign, but the Lilywhites are not in danger of seeing the club’s valuation fall anytime soon. The North London club still has the best stadium in the country, with amazing training facilities and huge infrastructures. The only problem is that the results on the pitch might not reflect the size and stature of the club.

But finance expert Dan Plumley still believes that the poor Premier League campaign has not affected the valuation of the club. Speaking to Tottenham News, Plumley said,

“I think the infrastructure of that club, the finances of it, despite the disaster on the pitch this season, it’s still one of those clubs that people will look at, with that high net worth as we say in the sovereign state or huge private equity American consortiums in and around the takeovers that go for billions. It’s a club that is absolutely in that mix, and the Champions League factor will add another £80million on the revenue line for the club next season, which will push the valuation up slightly.”

The finance expert added,

“But it, it just does so much more than that in terms of the overall proposition of a takeover or fresh investment because you’ve access to a completely different market in terms of commercial partners, sponsors, everything. It’s the flagship competition in Europe, and being in it is where every club wants to be. That’ll drive up any interest in investment or things behind the scenes where people are looking to get involved with that club.”

Dan Plumley has suggested that Tottenham’s strong financials and amazing infrastructure will always attract new suitors despite the poor performances on the pitch. The finance expert added that Champions League football for next season will also push the valuation up. Plumley has insisted that playing in the Champions League will benefit the new owners massively, as different routes to new sponsors and commercial partners will open up, increasing the chances of new investments.

Fans will hope that Daniel Levy sells the club eventually. The Spurs chairman has always been at crossroads with the fans after neglecting the performances on the pitch. Levy has made Tottenham a commercial club, and winning silverware has become second priority. So, the sooner Daniel Levy leaves N17, the better it will be for the fans and North London club.