Simon Jordan, whilst speaking to talkSPORT, has shared his thoughts on Daniel Levy seemingly closing in on a sponsor for Tottenham’s new stadium.
It has been two years since Spurs moved into their new surroundings, but despite paying such big bucks for their new home, Levy still hasn’t found a sponsor.
It’s been well-documented in the past as to how shrewd, stubborn and forthright Levy can be during transfer dealings, so this delay won’t be a surprise to Tottenham supporters.
Former Palace owner, Jordan, shared that if Levy is going to get, for example, ‘£20 million-a-year’ for these stadium rights then it won’t help Tottenham as much because if someone like Chelsea are trying to buy Erling Haaland for £150 million then they would just about pay for ‘a pair of his boots’.
“The one thing that Daniel is that he is very cute,” said Jordan. “Given that he is an accountant, he would have understood the cost implications of funding a stadium against the benefits of the increased revenues that can be generated.
“I cannot tell you what this is going to do for Tottenham unless we are going to see the size and shape of this deal. If it’s a £100 million-a-year then yes it’s going to influence the debts of Tottenham. But if it’s £5m, then no!
On Arsenal earning £10m a year for the Emirates: “If you applied inflation to that and made that £20m for Tottenham, is that going to change the direction of travel for Tottenham? It’s going to help but not going to make a difference.
“Will Chelsea spend £150 million on Haaland and Tottenham get £20 million for stadium rights, what are they going to buy then? A pair of his boots?”
Whilst Tottenham moving into a new stadium, probably the best in the world, has helped them off the field, it has resulted in them stagnating on the pitch.
During that period, Spurs used Wembley as a temporary home before making that move and Levy didn’t exactly throw a lot of transfer money on the table.
But with Nuno Espirito Santo in charge, another backwards step from the club now and it will hurt them, both on the field and away from the pitch.
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