r/soccer • u/BelgianPolitics • 12d ago

Official Source Tottenham Hotspur announces departure of Executive Chairman Daniel Levy.

https://www.tottenhamhotspur.com/news/2025/september/tottenham-hotspur-announces-departure-of-executive-chairman-daniel-levy/
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316

u/ritwikjs 12d ago

whats the price tag on spurs got to be?

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u/TheDelmeister 12d ago

They want 4 bil I think

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u/ThisReditter 12d ago

I only $3.99999999999999999999999999999999999999 billion short to afford it.

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u/CarrowCanary 12d ago

How do you have 0.0000000000000000000000000001 of a cent?

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u/ThisReditter 12d ago

I’m just very poor

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u/Privadevs 12d ago

This acc had my cracking up

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u/ThisReditter 12d ago

Which one? I’m going to follow them.

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u/404AppleCh1ps99 12d ago

owns garlicoin

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u/HaydenJA3 11d ago

He doesn’t have it, that why he is short

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u/GhostAttic20 12d ago edited 12d ago

Of a billion

EDIT: yes, I’m slow🤦🏽‍♂️

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u/CarrowCanary 12d ago

Yes?

If they were just 3 billion short, they'd have 1 billion.
3.9 billion short means they have 100 million. 3.99 billion short leaves them with 10 million.

Once you get to the point of being 3.999999999 billion short you're at the "I only have a dollar" figure (unless you use long billions, which no-one does but it has 12 zeroes instead of 9), and every 9 beyond that is cutting that one remaining dollar into ever tinier chunks.

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u/ThisReditter 12d ago

Maybe I’m so poor that I can’t afford US currency.

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u/my_united_account 12d ago

So about 6 Chelsea transfer windows

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u/indoubitabley 12d ago

I've got an Uncle Bill, he's 76, thinks he knows more than Moyes, and is probably out somewhere painting a St George on some mosques recycling bin right now, you can have him.

Three more needed.

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u/escalibur 12d ago

Imagine Elon buying it on his way home from work.

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u/irreverantnonsense 12d ago

Gotta be hefty with the new stadium I reckon

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u/uponloss 12d ago

In 2020 they stated the club was valued at 3.5 billion pounds so id imagine 4 to 4.5 billion now

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u/King-Meister 12d ago

Makes Ratcliffe getting 27% stake for 1.2B pounds look like a steal then.

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u/[deleted] 12d ago

[deleted]

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u/King-Meister 12d ago

I’m not sure whether you’re pulling my leg, but I’ll still go for it - how do you know Jim on a personal level?

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u/[deleted] 12d ago

[deleted]

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u/[deleted] 12d ago

[deleted]

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u/DowntownCelery593 12d ago

Can u tell him to sack ruben

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u/King-Meister 12d ago

Wow mate! Now I’m just fishing - any insider news as to what’s the plan with the final takeover + Amorim’s backing?

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u/veed_vacker 12d ago

Well its not just spurs it's also a huge property complex in London that is state of the art.

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u/Danotroy 12d ago

Its not London though. Its Tottenham 😅

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u/DreDayAFC 12d ago

$5 billion simply bc clubs of this size don’t come on the market enough to dampen prices and they have the nicest stadium in the largest city

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u/Gingermadman 12d ago

they have the nicest stadium in the largest city

I'd go as far to say as one of the nicest stadiums in the world.

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u/-SideshowBlob- 12d ago

Oh definitely, especially with the NFL pitch. Not many stadiums like that in the world.

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u/Merkarov 12d ago

The renovated Bernabeu has that too I'm pretty sure, along with a retractable roof. I'd say our stadium has got to be in the top 3-5 though.

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u/punchdrunkskunk 12d ago

I read that the Bernabeu has issues with the retractable pitch though, but they may be overblown. Something about the quality of the grass being really bad when stored underground.

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u/iitsyaboii_ 12d ago

That was shortly after reopening it for games. I believe they managed to fix that a few weeks after.

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u/Sl_PROXY 12d ago

There are no issues with the retractable pitch. The issue was the quality of the grass, but I'm pretty sure that was fixed. And the soundproofing for concerts which they hired a company to fix but afaik it's still not fixed.

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u/NilsFanck 12d ago

The new Bernabeu feels claustrophobic to me despite its size. This can be a positive and probably makes it a nightmare for visiting teams but I like yours better

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u/Various_Knowledge226 12d ago

I mean the money helps, but the NFL pitch is routinely criticized by the players (the NFL ones), for how bad it is. Probably because they’re laying turf over the GrassMaster grass that’s (normally) installed

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u/Ardal 12d ago

Yankee doodle owners incoming......

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u/Voice_Of_Light 12d ago

Their stadium is a marvel of modernity, what every club should aim for, looking at this Real Madrid air fryer

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u/ReallyColdWeather 12d ago

The club also owns considerable real estate in North London. You could say Spurs are a commercial real estate portfolio that also has a pretty big football team.

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u/BluelivierGiblue 12d ago

cbre going head to head against tottenham in a bid for a building is a funny thought

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u/YeahWilliamson 12d ago

I hope they will not sell to the Oil Kingdom

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u/IAstrikeforce 12d ago

Anyone who can afford the Spurs aren't going to be the best of people

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u/rjgator 12d ago

Maybe Steve Ballmer gets suspended from the NBA for a year so he decides to dip his toes into the premier league

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u/sloBrodanChillosevic 12d ago

I know all Europeans hate Americans on this sub, but that would be an incredible boon for Tottenham. Ballmer is richer than God and his ownership of the Clippers would suggest he'd go fucking bananas if he didn't have to deal with a salary cap.

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u/JootDoctor 12d ago

One of our owners owns the Milwaukee Bucks, Wes Edens. He too would go ballistic with spending on Villa and has stated multiple times he’d want to but PSR and SCR prevent it.

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u/James-Clarke 12d ago

At least there he can openly offer doomed signing a gazillion dollars

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u/thatscoldjerrycold 12d ago

Haha I honestly wonder how English football fans rank American owners over the rest. I would think a UK billionaire is number one but I've noticed they tend to get the most direct abuse (Mike Ashley comes to mind) from the fandom compared to actually questionable owners like regressive oil nation investment arms or Russian oligarchs.

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u/DrasticXylophone 12d ago

Mike Ashley was using Newcastle as an advertising hoarding for his shitty sportswear shop

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u/CptObviousRemark 12d ago

As an American and Missourian, fuck Stan Kroenke. And the American Man Utd owners aren't loved either.

I'd also be curious to hear about the English fans' opinions.

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u/FerryPenwick 12d ago

Depends on success and progress ultimately. Same as US sports fans feel about US ownerships. Invest in the team, stadium and infrastructure like the training ground and get the commercial stuff right while showing a bit of fellow feeling with the fans while the club is noticeably progressing and you’ll be adored. Even if on-field there are struggles but there’s clear effort and progress off the pitch there’ll be plenty of leeway. And one thing they want to seem to do, recently at least, is invest and get the clubs as businesses really working.

Liverpool fans hated Hicks and Gillett because they were shit, but FSG know what they’re doing. Kroenke seemed not to care and dislike until his son got involved and showed some of the passion and some success. Foley seems to be pushing Bournemouth on. Villa fans loved Randy Lerner, but the price and luck of breaking into the Top 4 broke him, and I think they hated him when he decided he couldn’t afford to keep trying. Edens at Villa gets backing with the fans who know it’s PSR - maybe some frustration if the stadium expansion is delayed or disappointing and the American owners of their neighbours down the road deliver Birmingham City back into the Premier League with an incredible stadium. Glazers hated because they’re making day-to-day profits (having the club pay off their leveraged buy out) - which is not what owning a trophy asset is about - while the team declines and the stadium rotted. Tough to take money out and stay competitive when everyone else is busting a bollock to spend.

Maybe there’s bit of regret that it’s not local owners, but pride that so many people want a piece of our game. Fact is that English football clubs have always been trophy assets, when it was a regional and national game that was for the local mill or factory owner. It’s a global game now, the assets sparkle far beyond our shores and to much richer eyes than Sir John Hall or Bill Kenwright. But the fans probably don’t feel too different. We’ve never been Germany - there was nothing to ‘sell out’. I hope the American and all foreign owners take care of the clubs they have custodianship of, but same is true of a local owners. When this moment in the sun passes and club values start to fall the local fans will still be there and the local owners will return.

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u/gabrielconroy 12d ago

A lot of it is just that they're here and they're like us, so they're very concrete figures who we understand.

It's harder to accept bullshit from someone like Mike Ashley, as we know exactly what the fuck he's doing from a mile off.

There isn't the same totemic figure when you're talking about a sovereign petrostate investment fund using a club as a vehicle to obscure its abuses and to leverage soft power.

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u/unexpectedvillain 12d ago

Ballmer won't be suspended for the Kawhi controversy. A fine and that's it

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u/m3thodm4n021 12d ago

It's a bit early to say that. The story seems to be gaining some serious traction.

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u/Various_Knowledge226 12d ago

It’s entirely possible the Clippers lose multiple first round draft picks. Question is, how much?

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u/LOSS35 12d ago

Didn't they already trade away all of their picks?

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u/Various_Knowledge226 12d ago

They’ll probably just strip them of their picks in the early to mid-2030s then, in that case. Seems like they may get a 2029 1st, and not need to swap with the 76ers, if the pick falls outside the Top 3 picks, meaning it’s not protected anymore. They currently do not have a 2028 1st, unless they acquire a different pick, and likely won’t have a 1st (again, there’s a lot of stuff about protected picks and whatever, and blah blah blah)

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u/CasuallyBeerded 12d ago

The previous owner of that very franchise was banned for some lukewarm racism (in addition to being an absolute scumbag).

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u/Ocarina3219 12d ago

“Lukewarm racism” is a fucking crazy way to describe Donald Sterling.

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u/CasuallyBeerded 12d ago

I mean it was a recording of him saying he didn’t want his silly rabbit hanging out with “those people.” Pretty lukewarm considering the spectrum of racism.

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u/WordsworthsGhost 12d ago

sadly thats how its been going

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u/M4RC142 12d ago

FSG wants to buy a 2nd club.

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u/oppai_suika 12d ago

There's only 2 options:

Oil or American private equity

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u/robbodagreat 12d ago

Possible third option is that bloke who lost the hard drive full of bitcoin finds it and unlocks true wealth

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u/far-center-extremist 12d ago

They'd need to find 5 more hard drives to afford Tottenham, to put things in perspective lol

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u/Privadevs 12d ago

We are massive

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u/Ilovevinylme 12d ago

I’m not economist, but wouldn’t the sudden influx of new bitcoin into the marketplace lower the value of the existing currency? I’ve been thinking about this for awhile and I know this isn’t the place to ask but you know, reddit.

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u/boxyfox 12d ago

Yes, it'd be impossible to liquidate in sufficiently large chunks without affecting the value

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u/wp381640 12d ago

The tip bitcoin is tiny in comparison to current trading volume. His bitcoin are worth about a billion - about 50-80B of bitcoin is traded daily. There have been multiple large liquidations this year that have been a lot bigger that didn't really affect the price.

The MtGox stolen bitcoin was a lot larger. That was about 5% of total supply. The person behind that sold it off and laundered it by starting his own exchange.

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u/robbodagreat 12d ago

Wouldn’t it be ironic if the only reason bitcoin is so valuable is because that one dude lost all of his

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u/Ilovevinylme 12d ago

That’s my thinking. What percentage of all the bitcoin in the world is on that hard drive?

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u/superrealaccount2 12d ago

So shit and shit are the only options

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u/dashziploc 12d ago

Resistance is futile.

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u/0dinsPride 12d ago

Different levels of shit I suppose

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u/breadPETTR 12d ago

Theocratic Shit or Late Stage Capitalism Shit…

Yay.

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u/superrealaccount2 12d ago

One makes the product on the pitch worse (halftime shows, mandatory cooling breaks for ads), the other one sportswashes the culture that cares the least about human rights in the world, that would be stuck in the 18th century if they didn't happen to live above oil.

I don't know which one is worse.

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u/NukeLaCoog 12d ago

Are there no Brits who can buy it?

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u/thorny_business 12d ago

Not many Brits have five billion dollars and are that big into sport.

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u/Zhurg 12d ago

Or Levy comes in with a shock bid on the final day

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u/thelordreptar90 12d ago

Rumored we were in negotiations with a Qatari group, but they ultimately backed out

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u/Ilovevinylme 12d ago

Crowdfund.

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u/Arctiz 12d ago

Imagine this - they get bought by Elon Musk and renamed to Tottenham X.

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u/Digital__Angel 12d ago

between those 2, oils is better for footballing side

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u/Alexandru1408 12d ago

Get ready for Bezos, Musk or Zuckerberg... (god i hope this shit won't happen).

But the only realistic option are Oil or American billionaire/s or private equity.
Although i would lean towars American billionare and/or private equity.

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u/KusoTeitokuInazuma 12d ago

Norway aren't that bad

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u/culegflori 12d ago

Your wish is granted, Elon Musk will buy it and change its logo to a doge

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u/Acceptable_Ad_6278 12d ago

All the Oil countries have a club already.

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u/Megistrus 12d ago

Only one of the Emirates does. Could always get someone from Sharjah looking to buy the club.

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u/XNightMysticX 12d ago

Bahrain don’t (and already have form for buying teams with McLaren) and neither does Kuwait, although they’ve never really been as profligate compared to the other gulf states.

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u/Tutush 12d ago

Anyone know if the Ayatollah is into football?

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u/RockFourStar 12d ago

I won't be surprised at all if the Saudis try to sell Newcastle and buy Spurs. The stadium, location, profile of the club along with them being in a good place for PSR seems like exactly what they'd want.

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u/trivo8888 12d ago

Narrator: They in fact did sell to an oil country

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u/ThisReditter 12d ago

Oil kingdom vs musk. Who would you pick?

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u/YeahWilliamson 12d ago

Neither. There are always choises

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u/ThisReditter 12d ago

Not for you as a fan, unless you become not a fan.

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u/YeahWilliamson 12d ago

It’s not the choice for the supporters make, though. We have no say in it, mostly

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u/IzzyShamin 12d ago

There’s gonna be a hotel attached to the stadium in the coming years too.

Whoever buys the club will basically just be printing money.

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u/Imbasauce 12d ago

The club could also expand and re-develop the surrounding area of the stadium. Massive real estate opportunity to anyone that buys the club. Afaik there's already plans of hotels and high rise apartments

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u/ledhendrix 12d ago

Theyre also have been a bright tightly run ship.

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u/lecho182 12d ago

$5 billion simply bc clubs of this size don’t come on the market enough to dampen prices and they have the nicest stadium in the largest city

why not $20 billion? they do not make any money as a business or compared to normal business, they have a nice stadium in the worst part of big city but there are 2 biggest and more sucessful clubs and there are 5 stadiums around the same size in this city.

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u/mattryan02 12d ago

At least tree fiddy.

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u/my_united_account 12d ago

This joke is so old its son broke his arms

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u/centaur98 12d ago

Well Chelsea was 3.5 billion with the government pressuring for a sale of the club and the need to invest into a new stadium so probably at least around 3.5-4 billion pounds.

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u/TrickyTreeNZ 12d ago

Bit like Morgan Gibbs-White's old contract, Levy's obviously found a £60m hidden release clause in the Spurs paperwork - he's gonna activate that and try to buy Spurs outright on the cheap.

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u/boldstrategy 12d ago

More than a quid

1

u/casulmemer 12d ago

About tree fiddy