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Levy announces Tottenham 'in discussions with prospective investors'

Tottenham chairman Daniel Levy has announced they're prepared to sell a stake in the club.

Levy made the announcement as part of a statement regarding their yearly financial results.

Tottenham have increased revenue of £549.6m, up 24 per cent from the previous year's figures of £444m, but they made an overall loss of £86.8m for the year.

Levy said: “To capitalise on our long-term potential, to continue to invest in the teams and undertake future capital projects, the Club requires a significant increase in its equity base.

“The Board and its advisors, Rothschild & Co, are in discussions with prospective investors. Any recommended investment proposal would require the support of the Club's shareholders."

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