Spurs ‘not for sale’ as owner rejects approaches

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 govt chairman Daniel Levy final week triggered hypothesis {that a} takeover bid might 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 normal protests by Spurs followers, particularly final season.The assertion stated 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 stated.”The Board of the Membership and ENIC affirm that Tottenham Hotspur shouldn’t be on the market and ENIC has no intention to simply accept any such supply to accumulate its curiosity within the Membership,” the assertion stated. ENIC has an nearly 87% stake in Tottenham Hotspur.UK businessman Joe Lewis and his household personal nearly all of ENIC, whereas about 30% is held by Mr Levy and his household.