Sports
Tottenham Hotspur Opens Investor Talks in Hunt for Cash
- Spurs is a rare financial success story in Premier League
- Early stage talks are being held with a range of investors
Tottenham Hotspur striker Richarlison.
Photographer: Glyn Kirk/AFP/Getty ImagesThis article is for subscribers only.
Tottenham Hotspur is in talks with potential investors over a stake in the London football club, marking another Premier League club hunting for cash after a boom in sports team valuations.
The board and its long-term adviser, Rothschild & Co., have begun talks after stating the club “requires a significant increase in its equity base” in order to continue to invest in its teams and “undertake future capital projects,” according to a statement within its financial results published Wednesday.