Tottenham Hotspur have secured a substantial financial boost which could boost their transfer pursuits in the January transfer window. In May, Spurs broke their 17-year trophy drought by clinching the Europa League.
After a poor Premier League campaign which ended with the north Londoners languishing in 17th place, Daniel Levy and his team decided to replace Ange Postecoglou with Thomas Frank. Just three months after playing a pivotal role in the Australian's departure, Levy followed the now Nottingham Forest manager out of the exit door. The sudden departure of the divisive chairman was confirmed in a statement, two-and-a-half decades after his arrival. Since then, speculation about a takeover has intensified, forcing Spurs to issue another statement revealing they had turned down two offers.
Between the departures of Postecoglou and Levy, Spurs experienced an unprecedented transfer window. Big names like Xavi Simons and Mohammed Kudus were brought in, but unsuccessful attempts to sign Piero Hincapie, Eberechi Eze, Morgan Gibbs-White, Nico Paz and Savinho somewhat overshadowed these acquisitions.
However, merely being considered by such high-calibre players perhaps indicates where the club's ambitions lie. Football.london recently revealed a cash injection, most likely from the club's majority shareholders ENIC, had been funnelled into the club.
Now, a second large sum appears to be on its way, with Bloomberg reporting Spurs have raised a further £90million through a receivables financing deal with Macquarie Group Ltd. The club have agreed to provide the Australian lender with income from future broadcasting rights in exchange for a lump sum, according to insiders.
It's also been suggested these rights are linked to money owed to the club by the Premier League from December 2025 to May 2026. This revelation comes after CEO Vinai Venkatesham publicly discussed changes at the club, including clarifying the position of the Lewis family amidst rumours of a complete sale.
In an extensive interview shared on Spurs' official channels, the ex-Arsenal chief said: "Well, first and foremost, I know the Lewis family really well. I think it's important for our supporters to know that they're very, very passionate about Tottenham Hotspur and they're ambitious for the club.
"And when I talk about their ambition, what they're really focused on is ensuring that everything that we do across the complete breadth of the club really centres back and is focused on giving our men's team and our women's team the best chance to be successful on the pitch over the long term.
"So that's their laser focus, all around being successful on the pitch. They know, of course, that we operate in a very competitive environment and that there are a number of other teams that have the exact same ambitions we have to compete to win the biggest trophies in the game.
"They're also focused on stability. They know there's been lots of change at the club, and now it's time for some calm and for some stability. Finally they believe and trust in the people that we have working in the organisation."
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