Tottenham Hotspur have publicly rejected suggestions the club could be up for sale following the departure of chairman Daniel Levy. Levy\u2019s exit prompted speculation over the club\u2019s long-term ownership and several media reports of potential takeover interest.<\/p>\n
Reports identified approaches from a group led by Amanda Staveley and from a Chinese consortium fronted by Dr Roger Kennedy and Wing-Fai Ng. Coverage also said ENIC, the majority owner, had been contacted about selling its 87% stake in the club. The Telegraph report the proposals were made after Levy\u2019s exit was formalised.<\/p>\n
The club and its majority shareholder responded with a firm denial of any intention to consider offers. The official statement was published in full and reads:<\/p>\n
“The Board of Tottenham Hotspur Limited is aware of recent media speculation and confirms that its majority shareholder, ENIC Sports & Developments Holdings Ltd, has received, and unequivocally rejected, separate preliminary expressions of interest in relation to proposals to acquire the entire issued, and to be issued, share capital of ENIC from (i) PCP International Finance Limited; and (ii) a consortium of investors led by Dr. Roger Kennedy and Wing-Fai Ng through Firehawk Holdings Limited,” a statement read.<\/p>\n
“As a consequence of ENIC\u2019s majority ownership interest in Tottenham Hotspur, were any offer made to acquire ENIC and complete, a mandatory offer would be required under Rule 9 of the Code to acquire the shares of Tottenham Hotspur not already held by ENIC.<\/p>\n
“The Board of the Club and ENIC confirm that Tottenham Hotspur is not for sale and ENIC has no intention to accept any such offer to acquire its interest in the Club.”<\/p>\n
Having now been named as interested parties, Staveley\u2019s group are expected to release a statement confirming they will not place a formal bid. The club\u2019s response leaves ENIC as the confirmed long-term majority owner and closes the door on reported approaches that followed Levy\u2019s departure.<\/p>\n","protected":false},"excerpt":{"rendered":"
Tottenham and ENIC reject approaches after Daniel Levy\u2019s departure, saying the club is not for sale.<\/p>\n","protected":false},"author":1,"featured_media":2580,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[187],"tags":[950],"class_list":["post-2581","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tottenham-hotspur","tag-takeover"],"_links":{"self":[{"href":"https:\/\/www.weplayfpl.com\/news-articles\/wp-json\/wp\/v2\/posts\/2581","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.weplayfpl.com\/news-articles\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.weplayfpl.com\/news-articles\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.weplayfpl.com\/news-articles\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.weplayfpl.com\/news-articles\/wp-json\/wp\/v2\/comments?post=2581"}],"version-history":[{"count":0,"href":"https:\/\/www.weplayfpl.com\/news-articles\/wp-json\/wp\/v2\/posts\/2581\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.weplayfpl.com\/news-articles\/wp-json\/wp\/v2\/media\/2580"}],"wp:attachment":[{"href":"https:\/\/www.weplayfpl.com\/news-articles\/wp-json\/wp\/v2\/media?parent=2581"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.weplayfpl.com\/news-articles\/wp-json\/wp\/v2\/categories?post=2581"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.weplayfpl.com\/news-articles\/wp-json\/wp\/v2\/tags?post=2581"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}