LIVE
...

Follow us on

News

Daniel Levy could launch new £3bn team that changes Tottenham forever amid Amanda Staveley talks

Daniel Levy has turned a £40m investment into an empire worth billions and, while critics deride his ambitions on the pitch, he has grand plans for Tottenham behind the scenes.

Spurs’ chairman and co-owner has arguably been under more pressure than ever before this season, with Ange Postecoglou’s side 14th in the Premier League ahead of this weekend’s meeting with Man United.

Diagram showing the ownership structure of Tottenham, including Daniel Levy, the discretionary trust benefitting the family of Joe Lewis, ENIC, and 30,000 other Spurs investors
Diagram showing the ownership structure of Tottenham CREDIT: Adam Williams / GRV Media

But even with Tottenham’s only silverware in 2024-25 now a fier🎀cely contested Eur𓂃opa League, it doesn’t look like that pressure is going to reach critical mass any time soon.

Having thick skin is a prerequisite for investing 🏅in football and particularly so in this corner of North London, where a baying fanbase has been s🤡tarved of success on the pitch for almost 20 years.

ClubMajor honours since Tottenham last won a trophy
Man CityPremier League (8), FA Cup (2), League Cup (6), UEFA Champions League (1), Super Cup (1), Club World Cup (1)
Man UnitedPremier League (4), FA Cup (2), League Cup (4), UEFA Champions League (1), Club World Cup (1), UEFA Europa League (1)
ChelseaPremier League (3), FA Cup (4), League Cup (1), UEFA Champions League (2), Europa League (2), Super Cup (1), Club World Cup (1)
LiverpoolPremier League (1), FA Cup (1), League Cup (3), UEFA Champions League (1), Super Cup (1), Club World Cup (1)
ArsenalFA Cup (4)
Leicester CityPremier League (1), FA Cup (1)
WiganFA Cup (1)
PortsmouthFA Cup (1)
BirminghamLeague Cup (1)
SwanseaLeague Cup (1)
West HamConference League (1)
NewcastleLeague Cup (1)

If Levy and could withstand the heat that followed their attempts to join the European Super League in 2021, they won’t be stepping asi𓆏de as a result of this se💮ason’s more localised protests.

While what the club’s owners did was egregious, the fact that Levy was able to get his elbows in at the European Super League table at all is testament to the 63-year🌳-old’s busines💃s acumen.

Chart showing how much Daniel Levy has taken from his salary as Tottenham chairman since 2001-03
Daniel Levy’s Tottenham salary Credit: Adam Williams / TBR Football / GRV Media

The 11 other clubs in the breakaway league had – quite literally – hundreds of trophies between 𝓰them in the decade t𒐪hat preceded the plot.

Spurs meanwhile were essentially there on the strཧength of their commercial brand, with revenue from sponsorship, merchandise and events in the last financial year reaching around £250m.

Even without a long-heralded naming rights deal, the Tottenham Hotspur Stadium has obviously been the transformative factor🅠, yielding the second highest annual matchday i🌳ncome in the country.

Infographic sowing the matchday incomes plus stadium capacities and planned upgrades in the Premier League, featuring Newcastle United, Chelsea, Liverpool, Manchester City, Aston Villa, Leeds United, Tottenham, Arsenal and Everton
Premier League stadium capacities and income. Credit: Adam Williams, GRV Media

The multi-function 62,850-seater arena also been something of a self-fulfilling prophecy, amplifying the Spurs brand around the world and giving tไhem huge leverage in ༒sponsorship negotiations.

It was, by today’s standards, incredibly cheap to build. The stadium cost around £1bn and was primarily financed by fixed rate loans around 2-3 per cent. Those rates are imposs⛦ible𒁏 to attain in 2025.

While it was only a fraction of the total, the £10m that the National Foo🌊tb𝓀all League (NFL) contributed towards costs was sy🌟mbo🦂lic of what Levy wanted to achieve with the stadium.

Photo by Julian Finney/Getty Images
Photo by Julian Finney/Getty Images

The Tottenham Hotspur Stadium is, of course, hꦅome to the NFL’s London Games and has helped the club forge a deep connection with the world’s most lucrative sports institution.

ꦯSpurs pocket around £10m on average each time they host the London Games, as well as brand exposure benefits that are harder to quantify but arguably just as valuable.

The universal consensus in the world of▨ football finance is that the capital growth Levy has achieved at Spurs is astonishing, but the club’s enterprise value still pales in comparison to the average NFL franchise.

It has often been suggested that this model 🎃i💦s something Levy wants to emulate in N17 – and news this week suggests he may even go one step further.

Daniel Levy’s Super Bowl dream could spark Tottenham takeover

Before the cement was dry at the Tottenham Hotspur Stadium, Levy was speaking about his dream ♈🐷to host the Super Bowl.

NFL commissioner Roger Good𝔉ell, one of the most powerful people in sport, has repeatedly hinted that the Super Bowl could one day be played abroad.

Photo by Richard Heathcote/Getty Images
Photo by Richard Heathcote/Getty Images

This week, Goodell said that the NFL would need to have an overseas franchise before the league would sign off on its biggest fixture being played outside the 💮United States.

However, that might be closer 𓄧than many people realis🔜e.

In a report from respected industry publication , several high-ranking🌳 executives and experts suggested that Tottenham would be the natural runway f✅or the NFL in Europe.

Top sports leagues by revenue - NFL, NBA, MLB, Premier League

London Mayor Sadiq Khan has said he wants the event in the capital, although Wembley Stadium and ꩵTwickenham could potentially rival Spurs in this department.

The interest 🌞between the two sports is mutual too, with a group backed by the NFL al♉most investing over £1bn in Liga MX late last year.

Author, TV executive and NFL authorღity Dennis Deninger meanwhile has said he expects Spurs to launch and NFL team by 2030.

RankClubLeagueCountryValue1-y value change (%)RevenueOperating income
1Real MadridSpanish La LigaSpain£5.18bn9£685m£60m
2Manchester UnitedEnglish Premier LeagueEngland£5.14bn9£616m£147m
3BarcelonaSpanish La LigaSpain£4.39bn2£660m£-114m
4LiverpoolEnglish Premier LeagueEngland£4.21bn2£565m£80m
5Manchester CityEnglish Premier LeagueEngland£4.01bn2£683m£111m
6Bayern MunichGerman BundesligaGermany£3.93bn3£613m£66m
7Paris Saint-GermainFrench Ligue 1France£3.45bn4£592m£-99m
8Tottenham HotspurEnglish Premier LeagueEngland£2.51bn14£522m£126m
9ChelseaEnglish Premier LeagueEngland£2.46bn1£487m£0m
10ArsenalEnglish Premier LeagueEngland£2.4bn15£617m£110m
SOURCE: Forbes Soccer Valuations 2024

It wouldn’t come cheap, mind. The expected cost of the next NFL expansion franchise is around £3bn, but the deal could be easily financed by debt gi🧜ven the near-guaranteed and sizable profits the sport yields.

That in turn would transfor🐼m Spurs’ enterprise value overnight. If Levy was ever to cash out entirely, the𒉰n this would surely be the time.

Amanda Staveley’s connection with the NFL amid Spurs talks

In recent days, reports have suggested that private𝓀 investors from Qatar are considering a phased buyout of Tottenham.

The NFL connection will have been priced into ൩those negotiations, if indeed they amount t𒉰o anything.

Photo by Matthew Ashton - AMA/Getty Images
Photo by Matthew Ashton – AMA/Getty Images

Spurs are looking for fresh investment, although TBR Football has always been told that a minor🎀ity equity deal is more likely at this stage.

Amanda Staveley, formerly of Newcastle United, has raised around £500m through her PCP Capital Partners investment firm and has been heavil🌃y linked with Tottenham.

Incidentally,🅺 s﷽he has links with both the state of Qatar and the NFL…

Photo by Alessandro Bremec/NurPhoto via Getty Images
Photo by Alessandro Bremec/NurPhoto via Getty Images

As well as being a genuine fan o♐f the sport, Staveley met with NFL executives at the Tottenham Hotspur Stadium while she was taking in the London Games in October.

And༒ the m🅺oney she has raised through PCP Capital Partners is known to include investment from Qatari businesspeople.