Source: Behind-the-scenes Levy claim emerges as ‘stumbling blocks’ halt Spurs takeover pursuit

According to football finance expert Kieran Maguire (via Football Insider), Daniel Levy’s insistence on calling the shots at Tottenham could stand in the way of a future £3billion takeover.

On 4 February, The Athletic reported that an experienced club broker had claimed that “Spurs are 100 per cent for sale”, further backed by previous rumours suggesting that “Daniel [Levy] has said that he is building this [the club] to sell it”. In addition to being Spurs chairman, Levy is a part-owner of the club through his shares in ENIC.

Despite this, it is claimed that ENIC are in no rush to sell the club, as the hope to sell is more of a long-term ambition.

The Athletic have disclosed that the price tag is understood to be £3bn, comprising £2.3bn for the shares, plus £700m of debt.

Maguire has said that he cannot picture the 60-year-old businessman giving up control. Speaking to Football Insider about the ownership situation at Tottenham, he outlined:

“They have made Spurs very attractive to investors. They now have the highest-grossing stadium in the Premier League.

‘They are also regular contenders for Champions League places, and UEFA have announced higher revenues in that competition.

“So there are lots of plus points when it comes to a sale, but there are also a couple of stumbling blocks. The first is the price, which would probably be about £2bn. So it’s very expensive.

“Also, if you’re paying that much money, you want to be able to run the club. Daniel Levy seems to want to have his cake and eat it too.”

With a £2.3bn price tag, the club’s valuation already appeared steep, considering their position of eighth in the Premier League table. This is further exacerbated by the £700m debt which accompanies the club and