Jordan provides update on Spurs takeover as consortium prepare £3bn offer

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Jordan provides update on Spurs takeover as consortium prepare £3bn offer
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🗣️'It wouldn’t get them in the side door.' Simon Jordan explains why £3bn Tottenham takeover bid won't be successful THFC

Spurs’ state-of-the-art new stadium is viewed as a big factor is Tottenham’s sizable valuation of the clubBut the fee is £1bn short of ENIC’s figure who view Tottenham’s state-of-the-art stadium as a huge factor in the price.

However, the club insist they are not for sale despite Jordan’s opinion that a mammoth bid could prove difficult for Spurs to turn down.“I believe everybody has their price. I think there’s an underlying scenario with [Tottenham chairman] Daniel [Levy] that there’s more to do, lots more to do and this is the beginning of something, not the end of it.”

Jordan continued: “If somebody wants to come in and break their shoulders off with a ridiculous offer – I think £3bn is pretty propelling. “I assume that £3bn minus any debt was going to be the position. I didn’t think they’d go for £3bn and have to pay off a debt they’ve got on the stadium so they’d walk out with £2bn. There is no traction in this.”

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