Kieran Maguire explains what Amanda Staveley and her backers will be thinking as they remain in talks over investment into Tottenham Hotspur and another Ligue 1 club.
Amanda Staveley in talks with Daniel Levy
It has been widely reported over recent weeks that Staveley has now put a team together to buy a stake in Tottenham and that she is backed by ‘serious money’ from the Middle East (The Sun)
According to some outlets, the former Newcastle co-owner is in talks with Daniel Levy over buying a 25 per cent stake in the North London club, with the discussions said to be ‘advancing’ (Football Insider).
Tottenham have maintained their silence on the matter, although Levy has been open about the fact that the club are seeking investment (The Guardian).
Staveley is also in discussions with French side
However, the former Newcastle minority owner is seemingly not putting all her eggs in the Tottenham basket. This is because it has been reported over recent weeks that Staveley and her backers are also in talks over buying a majority stake in Ligue 1 side Monaco (Bloomberg).
However, Kieran Maguire has now remarked that there is no reason why a potential takeover of Moncao would stop Staveley and co from investing in Tottenham.
The Football finance expert told TBR Football: “Monaco is the poster child for a trophy asset club given its geographical location. The downside is that the issues in relation to the French broadcasting deal make it difficult to see where the growth lies.
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“A lot will depend on which type of person she is trying to pitch the club towards. There is no reason why she couldn’t do both. Her investment at Newcastle was minimal. If she could find two parties to back her investment, there is no reason why both can’t be done independently of one another.”
Tottenham the bigger prize
Maguire believes that Tottenham are undoubtedly the more attractive of the two clubs, given the Premier League side’s strong balance sheet.
He added: “Spurs is a much higher entry cost but the rewards are much greater. There are so many positives with Spurs. They have grown spectacularly since the move to the new stadium.
“All they have to do is start getting things right on the pitch. That appears to be moving in the right direction at the moment.”