Tottenham ready to sell Harry Kane to ease financial strain with Real Madrid and Man United top of the queue - reports


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Harry Kane could be set for a sensational exit from Tottenham Hotspur after reports claimed the club's chairman, Daniel Levy, is ready to sell the England captain to alleviate some of the financial strain brought on by the coronavirus shutdown.

Kane, 26, established himself as a regular in the Spurs team during the 2014/15 season and has since become one of the club's most important players. In 278 appearances in all competitions, Kane has scored 181 goals and created 30 assists.

However, Kane's value - which according to transfermarkt has dropped from £150m to £120m since the pandemic - has meant he could be used to give Spurs a much-needed economical boost.

Despite last month posting revenues of £460.7m (Dh2.1 billion) and profits from operations of £172.7m - excluding football trading and before depreciation - for the financial year ending June 2019, Tottenham were still among the first Premier League clubs to furlough non-playing staff.

With the club still owing £637m on the loan for their new stadium and around £83m in transfer fees, the lack of income from broadcast rights and matchday revenue during the pandemic is reportedly hitting Tottenham hard.

By sanctioning a sale for Kane, with reports suggesting Spurs would look for around £200m for their star striker, the club would be able to take a significant step toward balancing the books.

For Kane's part, he made it clear in recent weeks that he would be prepared to leave his boyhood club if he felt the team was not progressing and he was not regularly fighting for trophies.

“I’ll always love Spurs but I've always said if I don't feel we're progressing as a team or going in the right direction, then I'm not someone to just stay there for the sake of it,” he said in an Instagram Live chat with Jamie Redknapp. “It’s not a definite I am going to stay there forever.”

For Tottenham to attract the sort of fee Levy is reportedly looking for, there will be a limited number of clubs that could afford Kane. Manchester United have been perennially linked with a move for the England international, while Real Madrid have been mentioned in recent days as having an interest.

Given the economic climate brought on by the coronavirus outbreak, a £200m asking price - which would be a world record fee, shading Neymar's £195 move to Paris Saint-Germain - seems steep.

However, should Kane leave Spurs in the near future, it will almost certainly shatter the British record fee United spent on taking Paul Pogba back from Juventus for £89m.

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5 of the most-popular Airbnb locations in Dubai

Bobby Grudziecki, chief operating officer of Frank Porter, identifies the five most popular areas in Dubai for those looking to make the most out of their properties and the rates owners can secure:

• Dubai Marina

The Marina and Jumeirah Beach Residence are popular locations, says Mr Grudziecki, due to their closeness to the beach, restaurants and hotels.

Frank Porter’s average Airbnb rent:
One bedroom: Dh482 to Dh739 
Two bedroom: Dh627 to Dh960 
Three bedroom: Dh721 to Dh1,104

• Downtown

Within walking distance of the Dubai Mall, Burj Khalifa and the famous fountains, this location combines business and leisure.  “Sure it’s for tourists,” says Mr Grudziecki. “Though Downtown [still caters to business people] because it’s close to Dubai International Financial Centre."

Frank Porter’s average Airbnb rent:
One bedroom: Dh497 to Dh772
Two bedroom: Dh646 to Dh1,003
Three bedroom: Dh743 to Dh1,154

• City Walk

The rising star of the Dubai property market, this area is lined with pristine sidewalks, boutiques and cafes and close to the new entertainment venue Coca Cola Arena.  “Downtown and Marina are pretty much the same prices,” Mr Grudziecki says, “but City Walk is higher.”

Frank Porter’s average Airbnb rent:
One bedroom: Dh524 to Dh809 
Two bedroom: Dh682 to Dh1,052 
Three bedroom: Dh784 to Dh1,210 

• Jumeirah Lake Towers

Dubai Marina’s little brother JLT resides on the other side of Sheikh Zayed road but is still close enough to beachside outlets and attractions. The big selling point for Airbnb renters, however, is that “it’s cheaper than Dubai Marina”, Mr Grudziecki says.

Frank Porter’s average Airbnb rent:
One bedroom: Dh422 to Dh629 
Two bedroom: Dh549 to Dh818 
Three bedroom: Dh631 to Dh941

• Palm Jumeirah

Palm Jumeirah's proximity to luxury resorts is attractive, especially for big families, says Mr Grudziecki, as Airbnb renters can secure competitive rates on one of the world’s most famous tourist destinations.

Frank Porter’s average Airbnb rent:
One bedroom: Dh503 to Dh770 
Two bedroom: Dh654 to Dh1,002 
Three bedroom: Dh752 to Dh1,152 

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Estimates of the number of deaths caused by the famine range from 400,000 to 1 million, according to a document prepared for the UK House of Lords in 2024.
It has been claimed that the policies of the Ethiopian government, which took control after deposing Emperor Haile Selassie in a military-led revolution in 1974, contributed to the scale of the famine.
Dr Miriam Bradley, senior lecturer in humanitarian studies at the University of Manchester, has argued that, by the early 1980s, “several government policies combined to cause, rather than prevent, a famine which lasted from 1983 to 1985. Mengistu’s government imposed Stalinist-model agricultural policies involving forced collectivisation and villagisation [relocation of communities into planned villages].
The West became aware of the catastrophe through a series of BBC News reports by journalist Michael Buerk in October 1984 describing a “biblical famine” and containing graphic images of thousands of people, including children, facing starvation.

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Five personal finance podcasts from The National

 

To help you get started, tune into these Pocketful of Dirham episodes 

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Balance is essential to happiness, health and wealth 

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Should you buy or rent a home in the UAE?  

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Always use only regulated platforms

Stop all transactions and communication on suspicion

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The five pillars of Islam

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3. Hajj

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UAE currency: the story behind the money in your pockets