Levy announces Tottenham 'in discussions with prospective investors'

Football
3 Apr 2024 • 6:13 PM MYT
Tribal Football
Tribal Football

Tribal Football covers news from the Premier League, LaLiga and Serie A

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Tottenham chairman Daniel Levy has announced they're prepared to sell a stake in the club.

Levy made the announcement as part of a statement regarding their yearly financial results.

Tottenham have increased revenue of 549.6m, up 24 per cent from the previous year's figures of 444m, but they made an overall loss of 86.8m for the year.

Levy said: To capitalise on our long-term potential, to continue to invest in the teams and undertake future capital projects, the Club requires a significant increase in its equity base.

The Board and its advisors, Rothschild & Co, are in discussions with prospective investors. Any recommended investment proposal would require the support of the Club's shareholders."