Tottenham given massive valuation by club chairman Daniel Levy

Tottenham given massive valuation by club chairman Daniel Levy

Daniel Levy places valuation on Tottenham

Tottenham chairman Daniel Levy has made headlines with his massive valuation placed on Spurs in the run up to the North London Derby against bitter rivals Arsenal.

As the club continue in their attempts to establish themselves as one of the elite of the English game, Levy has seen fit to go on the record with a £3.5billion valuation of the club, which doubles the current Forbes valuation of the club which rests at ~£1.7billion as of April of this year.

On top of the attached number, Levy has also listed the naming rights for Tottenham Hotspur Stadium at a whopping £25million annually.

Telegraph writer Matt Law disagreed, however, stating that Levy will never see those valuations met given the current state of affairs at the club.

With just the Europa Conference League on offer and their last piece of silverware coming in 2007-08, there is little reason to suggest that Tottenham could ever realistically command that type of financial strength without a considerable uptick in on-pitch success.

Value means nothing if you cannot win

With Tottenham boss Nuno Espírito Santo set to clash with main rivals Arsenal in his first North London Derby at the helm of the north London side, Levy must be prepared to put his monetary valuations where his mouth is.

Harry Kane

MADRID, SPAIN – JUNE 01: Harry Kane of Tottenham Hotspur looks dejected during the UEFA Champions League Final between Tottenham Hotspur and Liverpool at Estadio Wanda Metropolitano on June 1, 2019 in Madrid, Spain. (Photo by TF-Images/Getty Images)

Apart from the club finishing in the top four places on four occasions in the last nine years while reaching a European final on just one occasion, a Tottenham loss to Arsenal at the weekend would be an automatic bullet to the foot of a club that hopes to be bigger than their bitter rivals at the very least.

Despite Arsenal resting far below the happier times seen under Arsène Wenger, Tottenham have yet to even eclipse the Gunners in club valuation even when reaching the “best” version of themselves under Mauricio Pochettino.

Before Levy can seriously suggest that Tottenham are ahead of the likes of Paris Saint-Germain and Chelsea – the current Champions League holders – maybe Spurs should consider winning some silverware first.

Aminat Aigbe

Aminat Aigbe is the first lady of afronaija and a very good blogger ( Original Mrs AfroNaija )

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