Tottenham set for massive cash injection after Daniel Levy exit bombshell

4 hours ago 39

Tottenham Hotspur have agreed a financial deal to hand themselves a huge cash injection after a chaotic last few months at the club.

Back in May, Spurs ended their 17-year trophy drought by winning the Europa League. Having finished in 17th place in the Premier League, Daniel Levy and Co. made the decision to replace Ange Postecoglou with Thomas Frank.

Just three months on from playing a major role in a significant exit, it was Levy departing - with a bombshell club statement confirming his departure after two-and-a-half decades posted last week. Since then, takeover talk has ramped up with Spurs forced to release another statement revealing they had rejected two approaches.

In between exits for Postecoglou and Levy, Spurs endured a transfer window like no other with Xavi Simons and Mohammed Kudus brought in as the big names, but failed pursuits of Piero Hincapie, Eberechi Eze, Morgan Gibbs-White, Nico Paz and Savinho somewhat overshadowed that.

However, just simply being in the conversation for that calibre of player perhaps showed where ambitions lie with football.london having revealed a cash injection, most likely from the club's majority shareholders ENIC, had been pushed into the club.

And now a second big-money figure looks to be on the way with Bloomberg claiming Spurs have raised £90million through a receivables financing deal with Macquarie Group Ltd.

The club have agreed to give the Australian lender income from future broadcasting rights for a lump sum of money, according to sources. It has also been claimed that the rights are tied to money due to the club from the Premier League from December 2025 to May 2026.

This news arrives after CEO Vinai Venkatesham spoke publicly about the changes at the club which included making the stance of the Lewis family clear amid talk of a full sale.

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Speaking as part of a lengthy interview posted to Spurs' official channels, he said: "Well, first and foremost, I know the Lewis family really well. I think it's important for our supporters to know that they're very, very passionate about Tottenham Hotspur and they're ambitious for the club.

"And when I talk about their ambition, what they're really focused on is ensuring that everything that we do across the complete breadth of the club really centres back and is focused on giving our men's team and our women's team the best chance to be successful on the pitch over the long term.

"So that's their laser focus, all around being successful on the pitch. They know, of course, that we operate in a very competitive environment and that there are a number of other teams that have the exact same ambitions we have to compete to win the biggest trophies in the game.

"They're also focused on stability. They know there's been lots of change at the club, and now it's time for some calm and for some stability. Finally they believe and trust in the people that we have working in the organisation."

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