Tottenham takeover clue emerges amid talks over £2.75bn deal

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Tottenham have received a clue about who might be their next owner amid the latest finance news from the US.

In a statement accompanying Spurs’ annual accounts in April, chairman and co-owner Daniel Levy revealed that he had enlisted the Rothschilds bank to court new investment in the club.

It was not confirmed whether this would be in the form of a full or partial takeover, but football finance expert Kieran Maguire exclusively told TBR that both options are in play.

Maguire also forecasted that the North London club would likely fetch around £2.75bn.

Four groups have been linked with a deal in recent months, with three of those headquartered in the US.

Now, developments across the pond might hint at the likelihood of an American takeover.

US private equity news could impact Spurs takeover

US private equity groups are making increasing inroads into the sports market, particularly in football.

There is a belief that Premier League clubs are undervalued and represent a fantastic capital appreciation opportunity.

It is this position that has led the likes of Todd Boehly and Clearlake Capital to invest in Chelsea, who, like Spurs, are attractive for their global brand and London location.

However, a report from Bloomberg has outlined the struggles currently being faced by the US private equity industry.

Rising interest rates are affecting their ability to conduct mergers and acquisitions, which would make a deal for Tottenham more difficult.

Given that two US groups, MSP Sports Capital and Liberty Media, are among those listed as potential new owners, this does not bode well for a prospective takeover.

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TBR Analysis: Who will be the next Spurs owner?

While the financial landscape in the US might reduce the pool of investors with the capacity to complete a Spurs takeover, the US is still the likeliest source of investment in the club.

Middle East sovereign wealth funds are now another group consistently linked with Premier League takeovers and Qatar have been mooted as the potential next owners of Spurs.

However, there are a limited number of these funds and UEFA’s increasing scrutiny of dual ownership might might this more difficult.

On the other hand, Levy is known to have close links to Bahrain, who have not yet made an investment in European football, although there is nothing concrete to suggest they will bid for Spurs.