The Telegraph report that billionaire owner Joe Lewis “no longer wants to personally invest his fortune into Spurs”.
Tottenham have been put up for sale and slapped with a £2billion asking price, according to the Daily Telegraph.
The newspaper cite city insiders as claiming that, contrary to the public stance of the club and chairman Daniel Levy, potential buyers are being quoted the cost of buying the club as they complete their new 62,000-seater stadium.
OPINION
Are there about to be seismic changes at Tottenham? Current owners ENIC bought a controlling stake in Spurs back in 2001, when Levy was appointed chairman, and have run the club ever since. Softly-spoken and media-shy Levy runs Tottenham with a velvet glove wrapped inside an iron fist, while Lewis, who owns the majority of ENIC’S shares, is a Bahamas-based tax exile who rarely attends matches and never speaks publicly. Levy has spearheaded the club’s complicated move from the old White Hart Lane to an adjacent site that has been beset by delays and setbacks. The £850million project will certainly increase Spurs’ value as well as load them up with debt, but Lewis and Levy will make a financial killing the day the club is sold. Is that a near possibility? Experts would say a £2billion valuation is hugely unrealistic, despite the London postcode, but there is no smoke without fire and octogenarian Lewis is at an age when he might feel he’s had enough.