A new U.S. consortium has targeted a Tottenham takeover -- as Chair Daniel Levy "faces further flak over his stewardship of the club," according to Martin Lipton of the London MIRROR. The club believed that it was "being used when newly-formed American investment firm Cain Hoy went public" on its interest in acquiring the club in September, only to shelve its interest within weeks. But now a new consortium of Californian-based businessmen "wants discussions with Levy over a potential bid." White Hart Lane Owner Joe Lewis and Levy privately value the club at £1B ($1.6B) "pending the construction of the 56,000 Northumberland Park Development Project which will at the Paxton Road stand Spurs’ home since 1899." Whether any would-be buyers will be willing to match that price-tag "is uncertain" (MIRROR, 11/12). In London, Tom Collomosse wrote there "is little doubt any prospective bidders face a long haul." Not only will they have to fight off interest from other potential purchasers," they will also have to find a way through the increasingly-complicated ground redevelopment project Spurs are committed to." While the club would welcome a new owner willing to help fund the £400M ($641M) project, "it is not quite as simple as that." Integral to the new ground development "is an entire regeneration of the surrounding area -- with a complete overhaul of the local infrastructure, housing and community facilities." That regeneration "is of particular interest to Mayor Boris Johnson, who is keeping a close eye on prospective new owners to understand their level of dedication to that wider project" (EVENING STANDARD, 11/12).
