Tottenham Rejects Acquisition Offers and Reaffirms its Not for Sale
The Tottenham Hotspur board has issued an official statement categorically rejecting two expressions of interest to acquire the club. Furthermore, it is emphasized that the Premier League team is not for sale. This statement comes after the departure of Daniel Levy as club president last Thursday, who had held the position since 2001. The decision was made by ENIC, the majority owner of the club, controlled by the Lewis family trust. The situation generated speculation about possible purchase offers for Tottenham. Amanda Staveley, former co-owner of Newcastle, was repeatedly linked to the acquisition of the London club through PCP International Finance in recent months. In the statement issued on Sunday evening, Tottenham’s board confirmed that they had “received and unequivocally rejected preliminary expressions of interest” related to proposals to acquire all of the issued and to be issued share capital of ENIC. These proposals came from (i) PCP International Finance and (ii) a consortium of investors led by Dr. Roger Kennedy and Wing-Fai Ng through Firehawk Holdings Limited.Staveley is expected to issue a statement on Monday through PCP to clarify her intentions and confirm that she does not plan to make an offer for Tottenham. ENIC, managed by the Lewis family trust, owns almost 87% of Tottenham. Because the remaining shares are publicly traded, the club is subject to the UK Takeover Code. Last year, former chairman Levy revealed that the club was in talks with “potential investors” for the sale of a minority stake, although discussions involving Qatar Sports Investments were denied. It is understood that the Lewis family trust is open to external investment. However, after inviting Levy to resign in a move designed to help Tottenham achieve “more wins, more often”, the main focus of the majority owners is to provide the necessary support to the new non-executive chairman, Peter Charrington, the CEO, Vinai Venkatesham, and the coach Thomas Frank, all appointed in 2025, to help achieve greater success on the field.The club’s directive and ENIC confirm that Tottenham Hotspur is not for sale and ENIC has no intention of accepting any offer to acquire its stake in the club.
Official statement from Tottenham Hotspur
