Saudi-backed millionaire is now ‘stepping up’ their bid to invest £650m into Tottenham

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Tottenham Hotspur have made a strong start to the 2024/25 Premier League campaign having picked up four points from a possible six.

Monday night’s opener certainly was not a straightforward one but Saturday’s win over Everton got the Lilywhites back on track.

Ange Postecoglou‘s side were able to win in emphatic fashion in north London as they really put down a marker for where they are at following a positive summer.

Tottenham have not been overly busy in the market when it comes to player arrivals with their business done so far perhaps best described as selective.

Ironically, it is Spurs who have made the biggest move of the summer having brought in Dominic Solanke for around £65m.

And Daniel Levy is looking for outside investment so Spurs can continue their growth with big money signings like this over the coming years.

Saudi-backed investor wants £650m slice of Tottenham

Earlier in the summer, Levy revealed that Spurs were in conversation with a number of parties over potential investment into the club.

One of the names to crop up was the former Newcastle United co-owner Amanda Staveley who was said to be keen on investing in Tottenham.

And it seems as if she may just have been working behind the scenes in recent weeks to put together some financial backing to fund her bid for the north London side.

According to The Sun, Staveley is now looking for a 25% stake in Tottenham which would cost in the region of £650m.

Having brokered the deal for Newcastle’s takeover back in 2021, Staveley’s connections in the Middle East remain strong with ‘serious money’ said to be backing her.

The 51-year-old is said to be ready to step up her bid to buy into Tottenham before eventually looking to purchase a bigger stake in the Lilywhites.

What Amanda Staveley recently said about investing in Tottenham

Having now departed her role at St James’ Park, Staveley is free to invest in whatever club she would like to.

And it seems as if that is something in which the 51-year-old is keen to do having spent around three years on Tyneside overseeing Newcastle’s progression.

When asked earlier in the summer if she could potentially invest into Tottenham, Staveley admitted it was a possibility.

“Not much, I’m afraid. My preference would have been to stay with Newcastle, but life doesn’t always work out exactly how you want it to,” she replied when asked on talks with with Rothschild & Co.

“Mehrdad and I are keen to be hands-on. We’re hard-working people, I love to be very busy and to engage and I love football. Very sadly, we have to move on to other projects and that might involve us taking a stake in another club or buying another club and that’s difficult. But it’s possible.”

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