The reason USA takeover of Tottenham is bad news for Spurs

White Hart Lane 5

A USA-based consortium are keen on taking control of Tottenham Hotspur, with Daniel Levy remaining in charge.

Current Lilywhites owner Joe Lewis is keen on selling the North London club, and he is said to value the side at roughly $1 billion.

The party interested in purchasing a controlling stake are based in California, and have been backed by The Carlyle Group - one of the largest private equity investors in the world. Standard Sport is reporting that the group are keen to meet chairman Daniel Levy in New York in the coming weeks to discuss any potential deal.

The news of a takeover will be welcome to Spurs fans, with many clamouring to see Levy replaced as chairman after a number of years of questionable decisions, but the report is indicating that the consortium will keep Levy on at the club, allowing him to continue as chairman.

An insider told the Standard: “The Americans want to keep Mr Levy on board, which appeals enormously. It’s hard to ignore backers who are supported by Carlyle — but we still have to see what they are prepared to offer.”

Whilst a new source of funding will help the club on their path to their new stadium, the knowledge that Levy will remain in charge at White Hart Lane will give little hope to the Spurs faithful. He has been under increasing criticism since the unwarranted sacking of Harry Redknapp, who was forced out of the club despite a fourth-placed finish, and the players signed under his watch have failed to deliver, calling for him to step down and allow a footballing mind to take the role.

However, he looks no closer to accepting such a path, and, if the club does find new buyers, allowing him to remain in control, Levy will be able to kick-start his plan to place Tottenham Hotspur as one of Europe’s elite clubs. Whilst the fans may remain on his back, Levy remaining in his current role under new owners would prove that they have faith in him, and there is no guessing just how long he will remain at White Hart Lane.

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