Daniel Levy now has a single goal ahead to boost Ange Postecoglou’s second and key summer transfer window at Tottenham Hotspur.
The Spurs chairman admitted in his statement in the club’s latest financial results that the club has been holding talks with prospective investors about buying a stake in the club and injecting extra funds into the organisation to boost the first team operations. Tottenham announced a record £549.6million revenue with their huge stadium now a money-making machine but increased costs and transfer spending meant they posted a hefty loss of £86.8million.
That led to Levy admitting that “the board and its advisors, Rothschild & Co, are in discussions with prospective investors” as Spurs need to “continue to invest in the teams and undertake future capital projects, the club requires a significant increase in its equity base”.
In the latest episode of Gold & Guest Talk Tottenham, our Spurs reporters Alasdair Gold and Rob Guest dug into the full extent of the financial results and how important it is for the chairman to secure a new investor in the club as a target in the months ahead to realise Ange Postecoglou’s expectation to challenge for the Premier League title next season.
The duo also discussed the financial accounts showing that Levy was paid £3.581million last year as well as a £3m bonus, which has emerged at a time when Spurs fans are disgruntled at a six percent price rise to all season tickets and the eventual removal of new senior concession season tickets and reduced discounts for those already with them. Alasdair and Rob also analysed Tottenham’s draw at West Ham on Monday night.
You can find that latest episode of Gold & Guest Talk Tottenham in podcast format by heading right here or watch it on YouTube right here.
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Catch up with this week’s Gold & Guest Talk Tottenham by clicking here! In depth Spurs chat on your preferred podcast platform.