Everton’s former chief, Keith Wyness, believes Tottenham could sell around “10-15%” of the club to bring in a minority investor. Speaking on Football Insider’s Inside Track podcast, Wyness, who served as CEO at Goodison Park from 2004 to 2009 and now runs a football consultancy, suggested the reported £3.75 billion valuation of Tottenham is “not far off.”
According to a report by The Times on 27 July, Tottenham chairman Daniel Levy is in discussions to sell a minority stake, which could value the club at up to £3.75 billion. The club is currently 86.6% owned by Enic, an investment company led by Joe Lewis, with about 30,000 smaller shareholders.
The club’s 62,850-capacity stadium, opened in 2019, has increased Tottenham’s value and appeal. Wyness considers the £3.75 billion valuation to be realistic, noting that Levy has a reputation for being a tough negotiator, especially when it comes to sponsorships and player sales.
Wyness added that while Newcastle United is now valued at £1 billion, they were purchased for £300 million from Mike Ashley not long ago. He emphasized that Tottenham is seeking a minority investor for 10-15% of the club, rather than a full takeover.
In other news, a midfielder is reportedly in advanced talks over a deal with Tottenham.
