A letter from a lifelong Spurs fan to the club's board of directors

Dear the Tottenham Hotspur board of directors,

I have been a Spurs fan all of my life. I care deeply about the long-term future of the club. It is for this reason that I am writing to you to ask you to consider buying and holding Bitcoin as part of your corporate strategy for Spurs.

Upon reading about the club’s financial results yesterday, I noticed two things: that the club is seeking investment and that the board is advised by Rothschild and co.

I then noticed this article by a director of Rothschild dismissing the value proposition of Bitcoin:

https://www.rothschildandco.com/en/newsroom/insights/2024/01/wm-strategy-blog-bitcoin.etfs-a-token-gesture/

For perspective, if Spurs spent £50m on Bitcoin rather than buying Tanguy Ndombele in September 2019, the investment would now be worth over £300m. This trend is going to continue, partly because of inflation which I know you are aware of, but also because Bitcoin is by far the best financial asset in the world.

If you are not at the least being advised about this possibility then your advisors have a blind spot that could cost Spurs dearly in the future. And that is something neither of us want to see.

I would like to point you to the work of Michael Saylor, CEO of MicroStrategy, who is an outstanding advocate for Bitcoin and an example of its potential:

“Bitcoin hitting all time highs and boasting a staggering 12-month return of 200% has made headlines all around the world. Has any other asset outperformed Bitcoin during the same time? Ladies and Gentlemen, let me present to you MicroStrategy (MSTR); its price has skyrocketed with a remarkable 12-month return of 600%.”

“At the heart of Saylor’s strategy lies a revolutionary approach to corporate finance, characterized by the strategic utilization of debt instruments and voracious appetite to acquire Bitcoin as a store of value. Through meticulous planning and execution, Saylor engineered a financial maneuver that has reshaped the landscape of corporate treasuries.”

Source:

https://economictimes.indiatimes.com/markets/cryptocurrency/trade-of-the-century-how-michael-saylor-revolutionised-corporate-finance-with-bitcoin/articleshow/108540458.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

Your track record at Spurs has been exemplary. And for that I am grateful.

But I believe by utilising Bitcoin Tottenham Hotspur can be the biggest football club in the world.

All I ask is that you put the time in to research Bitcoin, for the sake of Spurs.

Thanks for taking the time to read this and best of luck for the rest of the season.

COYS.

Liam