Tottenham Hotspur’s board has announced that the club’s owner, ENIC Sports & Developments Holdings Ltd, has “unequivocally rejected” two recent expressions of interest in acquiring the north London football team, asserting that the club is “not for sale.” This statement follows the recent departure of executive chairman Daniel Levy, which had sparked speculation regarding a potential takeover.
Levy served as the Premier League’s longest-serving chairman, holding the position for nearly 25 years and reportedly earning over £50 million ($67.5 million) during his tenure. However, he frequently faced protests from fans throughout the previous season.
The board’s statement specified that the rejected bids were made by Amanda Staveley’s PCP International Finance Limited and a consortium led by Dr. Roger Kennedy and Wing-Fai Ng through Firehawk Holdings Limited. The board emphasized that Tottenham Hotspur is not for sale, and ENIC has no plans to entertain any acquisition offers.
ENIC holds approximately an 87% stake in Tottenham Hotspur. The majority ownership is attributed to UK businessman Joe Lewis and his family, while Daniel Levy and his family own about 30% of ENIC. This situation raises questions about the potential future direction of the club and the implications of Levy’s exit on its management and strategy.
Source: https://www.bbc.com/news/articles/cy04l6dr687o?at_medium=RSS&at_campaign=rss