The board of Tottenham Hotspur says its proprietor has “unequivocally rejected” two expressions of curiosity within the north London soccer membership and that it’s “not on the market”.
The announcement late on Sunday got here after the sudden departure of government chairman Daniel Levy final week triggered hypothesis {that a} takeover bid may very well be imminent.
Mr Levy was the Premier League’s longest-serving chairman and is estimated to have earned greater than £50m ($67.5m) throughout his nearly quarter of a century within the position.
However he was additionally the goal of standard protests by Spurs followers, particularly final season.
The assertion mentioned ENIC Sports activities & Developments Holdings Ltd had rejected two separate preliminary expressions of curiosity within the membership.
One was from former Newcastle United shareholder Amanda Staveley’s PCP Worldwide Finance Restricted and one other from a consortium led by Dr Roger Kennedy and Wing-Fai Ng by Firehawk Holdings Restricted, it mentioned.
“The Board of the Membership and ENIC verify that Tottenham Hotspur will not be on the market and ENIC has no intention to just accept any such supply to amass its curiosity within the Membership,” the assertion mentioned.
ENIC has an nearly 87% stake in Tottenham Hotspur.
UK businessman Joe Lewis and his household reportedly personal the vast majority of ENIC, whereas about 30% is held by Mr Levy and his household.
In a press release final week, Spurs mentioned Mr Levy’s exit was “a part of the Membership’s ambition to make sure that it’s set as much as ship long-term sporting success.”
On the similar time Mr Levy mentioned: “I’m extremely happy with the work I’ve completed along with the chief group and all our workers. We now have constructed this membership into a world heavyweight competing on the highest stage.”
“I want to thank all of the followers which have supported me through the years. It hasn’t all the time been a straightforward journey however vital progress has been made. I’ll proceed to assist this membership passionately,” he added.
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