The Newcastle Consortium Supporters Ltd claim that Spurs were trying to attract Saudi owners last year for a reported £3.5billion takeover – only to be REJECTED by the potential investors.
Considering Amanda Staveley told The Athletic that Spurs were one of two clubs vehemently against any proposals for PIF to buy our club, this would be hypocrisy of the highest order from Tottenham if true.
In an ‘exclusive’ from the Shields Gazette, it is also said that the group were closely linked to our would-be owners, and that they had recently held talks with Liverpool – but talks broke down.
Toon fans have conspired since the takeover was announced that the Premier League denied the deal so that they could protect their ‘big six’ and keep anyone else from eating with them at the top table.
These new claims strongly support that argument, and could potentially be used as evidence in any arbitration ruling.
Here is a snippet of what Keith Patterson from NCSL said in the Gazette’s piece:
“Tottenham Hotspur, in a negotiation which broke down in March 2019, approached investors in the region we are talking about – two months before the Newcastle deal was ironed out – to buy the football club for £2.5billion, with a further £1billion in add ons.
“The deal was taken to the investors in Saudi Arabia, by a dealmaker named as Eldridge Investments, and rejected.
“The whole deal totals £3.5billion – Newcastle was set to be sold for one tenth of that price. I have had that exact same information from three different credible sources.
“That concerns me. People are trying to prevent our deal going through, but were trying to do a similar deal themselves for 10 times the amount.
“But I feel on this alone that fans of both Spurs and Newcastle need to learn this so that they understand what is happening within their club. Then we can go somewhere to appreciate why this willing buyer and willing seller cannot do a simple deal.”
While this news would add substance to any legal proceedings, it remains just speculation for now and it would be stupid to get totally carried away.
If true, Spurs have shown themselves to be nothing but hypocrites. It makes you think whether they are fearful of being dispatched from the big boys club should we happen to gain the backing of the Saudis. After all, there is an argument to suggest that they shouldn’t be mentioned in any ‘big six’ conversation.
Discussing all the intrinsic details of law and finances is becoming jaded when, as a fan, all we want to do is discuss football and what is happening on the pitch.
This situation has been confirmed by the club itself to be taking place behind the scenes. Our best course of action as supporters is to sit back and hope for the best.