How De Zerbi Lifeline Sparked 5% $SPURS Bounce in Relegation Fight
The sacking of Igor Tudor combined with speculation that Roberto De Zerbi could be set to take over at Tottenham Hotspur had a notable effect on the price of the club’s Fan Token in the 24-hour period leading up to March 31.
Tottenham’s season has been marked by inconsistency, and the club currently finds itself one point above the relegation zone.
Igor Tudor’s sacking was followed by speculation that Roberto De Zerbi could take charge for the final seven games of the season, as Tottenham seek to avoid relegation.
Fan Token traders took enough confidence from the prospect of De Zerbi joining Tottenham to trigger a 5% upturn in the value of the $SPURS Fan Token.
How $SPURS Gained 5% on Managerial Speculation
The sacking of Igor Tudor had an immediate effect on the valuation of the Tottenham Hotspur Fan Token ($SPURS).
Following Tudor’s sacking, the $SPURS token jumped from a spot price of $0.156 up to $0.164 within the space of 30 minutes on March 30, as per price data from Socios.com.
By Tuesday, March 31, the token price had retracted and then bounced even higher, climbing to $0.165 following speculation that Roberto De Zerbi could soon take over at Tottenham.
According to The Guardian, De Zerbi is the only manager currently in talks with Tottenham, and the club is reportedly keen to tie De Zerbi down to a long-term contract, suggesting Spurs would keep the coach even if the club gets relegated.
Who is Roberto De Zerbi?
De Zerbi came to the attention of football fans when he became manager of Brighton and Hove Albion in 2022, after a successful spell in charge of Shakhtar Donetsk where he held a 66% win record.
De Zerbi’s time at Brighton was deemed to be a success, after recording the club’s first win in European competition, and reaching the knockout phase of the Europa League.
De Zerbi was lauded for his tactical ingenuity, to the extent that Manchester City manager, Pep Guardiola, called him “one of the most influential managers in the last 20 years.”
Spurs fans will be hoping De Zerbi can keep the club in the Premier League in the final seven games of the season.
The modest 5% price bounce for the $SPURS token suggests that Fan Token traders can see some possibility of redemption for Tottenham Hotspur, after one of the most chaotic seasons in the club’s recent history.
Greg Thomson: Fan Tokens Market Reporter