Case | HBS Case Collection | November 2008 (Revised August 2012)

Tottenham Hotspur plc

by Lauren H. Cohen, Joshua D. Coval and Christopher J. Malloy


Tottenham Hotspur Football Club is a publicly-owned professional soccer team based in London, England. The club's chairman, Daniel Levy, is contemplating a significant investment in physical assets, including the development of a new stadium as well as the acquisition of a new player. The team must decide if the expected cash flows associated with adding the stadium, the player, or both, warrant the considerable required investments in these assets.

Keywords: Valuation; Capital Budgeting; Decisions; Competency and Skills; Cash Flow; Investment; Assets; Buildings and Facilities; Sports; Sports Industry; London;


Cohen, Lauren H., Joshua D. Coval, and Christopher J. Malloy. "Tottenham Hotspur plc." Harvard Business School Case 209-059, November 2008. (Revised August 2012.)