Liverpool owners Fenway Sports Group have announced that the investment firm Red Bird Capital has bought a £538.6million stake in their group, leading to hopes that the outgoing Premier League champions can move the needle in terms of their ability to financially compete with the country’s other big hitters.
But what does it mean for Tottenham Hotspur’s financial standing?
Here football.london breaks down the numbers and compares the clubs and their owners.
Who owns Tottenham?
Joe Lewis’ English National Investment Company group, which is registed in the Bahamas, owns 85.5% of the north London club having taken control 20 years ago.
How much is Joe Lewis worth?
Forbes estimates that Lewis is worth £3.6billion.
By comparison the £538.6million Red Bird investment is for a 10% stake of FSG, which means the company behind Liverpool is valued at £5.38billion.
What are Lewis’ others business interests?
The 84-year-old made the bulk of his money in currency trading and through the Tavistock Group has more than 200 business interests ranging from golf to property, finance and the hospitality industry.
What about the club’s value?
The most recent Forbes evaluation, from May 2019, says Spurs are valued at £1.3billion but that figure is certain to have changed in the two years since owing to a lack of Champions League football and the coronavirus pandemic.
Deloitte placed Spurs ninth in their latest Money League, ahead of Serie A giants Juventus, having been 12th five years ago.
And their revenue?
The club’s latest accounts, to the end of May last year, showed that all three revenue streams took a hit as a result of the pandemic but their income from broadcasting, commercial and matchday amounted to £391.9million.