Tottenham Hotspur in talks to sell minority stake

According to The Times, Spurs are in talks to sell a minority stake and pave the way for Joe Lewis and his family to sever their ties to the club.

Daniel Levy is seeking an investment that values the club at between £3.5 billion and £3.75 billion, including debt.

Spurs want to raise fresh capital for new player signings and to help fund the development of an academy for the women's team, as well as a 30-storey hotel.

Amanda Staveley, most well known for brokering the deal that enabled the Saudi Arabia Public Investment Fund (PIF) to take over Newcastle United back in the autumn of 2021, is understood to be among the parties to have expressed an interest in Spurs.

Staveley's fund, PCP Capital Partners, have raised around £500 million in order to deploy football club deals. The club is also likely to attract interest from American investors.

Spurs fans have been waiting for investment into the club for a long time, with fans sick and tired of what they percieve to be a lack of ambition from Daniel Levy and the rest of the Tottenham Hotspur hierarchy.

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Tottenham Hotspur in talks to sell minority stake

Despite Tottenham Hotspur being a very stable and sensibly run club off the pitch, fans believe that the first team has been neglected for a while and has often been left to decline due to a lack of investment over prolonged periods of time.

The sale of Harry Kane on the eve of the 23/24 season was one of several moments over the years that appeared to trigger a treated Spurs fans. Levy even had to address these concerns at a fans' forum.

Luckily for Levy, Spurs' superb start to the season under Ange kept a lot of people pleasantly occupied.

It remains to be seen if anything comes of these reports, but it is certainly one to keep an eye on for Spurs fans.