Tottenham Hotspur are in desperate need of additional cash, and they could get the necessary help from the Middle East.
According to a report from the Sunday Mirror (page 76), Amanda Staveley and her husband Mehrdad Ghodoussi are in “advanced talks” to buy shares in Tottenham.
The duo is looking to invest Middle East cash in Spurs before the end of the year.
Spurs are looking for fresh cash injection due to majority shareholder Joe Lewis’ declining influence on the club.
Staveley and Ghodoussi are expected to buy a sizeable stake in the North London club. They were the guests of Spurs during Brentford’s recent visit and have been in negotiations to acquire a significant stake at the club.
Tottenham will hugely benefit from extra investment from Middle East
The Express adds that Staveley and her partner will snap up shares from billionaire Lewis’ family trust. Staveley is serious about the deal and she hopes that it could be sorted out in the next few weeks.
The pair played a massive role in bringing the PIF to Newcastle United, but they have left the Magpies this summer. They are now looking to get another entry into the Premier League, this time through Tottenham.
Spurs should welcome such a move. They have done remarkably well in the past decade, operating on a rigid model. They have built a new stadium, and with extra funds coming in at the club, they will be able to compete with other top clubs in terms of purchasing top players.
Tottenham have made a stuttering start under Ange Postecoglou this season and find themselves 10th in the league table. They have won three games in a row in all competitions and will be looking to pick up another win against Manchester United at Old Trafford.
