'I’m a bit sceptical'- Finance expert gives verdict on Tottenham takeover news; not good news for fans

It has become clear to the fans that Daniel Levy prioritises Premier League position more than winning silverware. That is why the North London club have only managed to win two trophies in the last two decades during Levy’s tenure. Although the club has been able to make huge steps off-the-field, the results and performances on-the-field have always proved to be a setback for Spurs.

Tottenham takeover ‘unlikely’ to happen anytime soon

Tottenham are going through a lot of changes in the boardroom after enduring a disastrous domestic campaign. Daniel Levy has been under constant scrutiny from the fans and the media after the Englishman questionably sacked Big Ange. The North London club also brought in former Arsenal CEO Vinai Venkatesham last month as they looked to build on the Europa League success and kickstart a new era at N17.

It was also reported earlier that a takeover was on the cards at Hotspur Way after Daniel Levy admitted that the club was looking for new investors. However, there is a new twist in the saga as finance expert Stefan Borson has given an update regarding the takeover news. Speaking to Football Insider, Borson said,

“There are a lot of rumours around that they’ve got an investor or a deal for a sale. I’m a bit sceptical because I think we’d know a bit about it. I think there’d be a bit of a leak somewhere. If it was the sort of usual suspects these days that were going to do the deal, out of the Middle East or something, I think we’d have heard about something.”

The finance expert added,

“We know they’ve been trying to do it. But I think it’s more likely that it’s about a new CEO starting because the actual appointment at Companies House was announced last week at the same time that Cullen left. So, if I had to put money on it, I’d say it was more to do with that than it was to do with new investment coming in.” 

Stefan Borson suggested that the media would know if Tottenham were closing in on a takeover deal in the near future. The finance expert added that the news would be public if the Saudis were interested in buying the club from ENIC and Daniel Levy. However, Borson insisted that the rumours about a takeover have surfaced due to the appointment of a new CEO amidst all the limelight the club is facing.

It remains to be seen what the future holds for Daniel Levy at the club. The Englishman has always been keen to stay in charge at N17 amidst all the scrutiny. But if a good investment comes in, then Levy might be forced to step back and handover the reigns to new owners. If that happens in the future, then it will only be a positive for the North London club for a change.