The Tottenham board says it has “unequivocally rejected” two expressions of curiosity in buying the membership and that the Premier League membership is “not on the market”.
Daniel Levy stepped down from his position as Spurs chair final Thursday, after being invited to go away the place he had held since 2001 by the bulk proprietor, Enic, which is owned by the Lewis household belief.
Spurs mentioned one of many approaches had been from PCP Worldwide Finance, the funding car led by the previous Newcastle shareholder Amanda Staveley, and on Monday PCP confirmed it had been taken with a possible transfer however mentioned “it doesn't intend to make a proposal for Tottenham”.
The Spurs board mentioned in a press release that it had “acquired, and unequivocally rejected, separate preliminary expressions of curiosity in relation to proposals to amass all the issued, and to be issued, share capital of Enic from (i) PCP Worldwide Finance … and (ii) a consortium of traders led by Dr Roger Kennedy and Wing-Fai Ng by way of Firehawk Holdings Restricted”.
The assertion mentioned: “The board of the membership and Enic affirm that Tottenham Hotspur shouldn't be on the market and Enic has no intention to just accept any such provide to amass its curiosity within the membership.”
Enic, which is run by the Lewis household Belief, owns nearly 87% of Spurs, however because of the remaining shares being publicly traded, the membership is topic to UK takeover code. Former Spurs chairman Levy mentioned final 12 months that the membership had been in talks with “potential traders” over promoting a minority share, though discussions involving Qatar Sports activities Investments had been denied. The Lewis household belief is known to be open to exterior funding.
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