Tottenham Hotspur: Buyout Rejected – Club Not For Sale

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Tottenham Hotspur Board Rejects Takeover Approaches

By Amelia Monroe | LONDON – 2025/09/08 10:42:38


The board of Tottenham Hotspur has “unequivocally rejected” two expressions of interest in the north London football club, reaffirming that the club is “not for sale”. The announcement followed the recent departure of executive chairman Daniel Levy, which had fueled speculation about a potential takeover bid.

Tottenham stated that one approach came from amanda Staveley’s PCP International Finance Limited, a former shareholder in Newcastle United. The other was from a consortium lead by Dr Roger Kennedy and Wing-Fai Ng, operating through Firehawk Holdings Limited. However, PCP International Finance released a statement indicating they do not intend to make an offer for Tottenham.

ENIC Rejects Offers, Affirms Commitment

On Sunday, ENIC Sports & Developments Holdings Ltd, which holds an almost 87% stake in Tottenham, announced it had turned down two separate preliminary expressions of interest in the club. “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,” the statement added.

Under UK takeover rules, PCP is now prevented from making another offer for the club for the next six months.Joe Lewis, a UK businessman, and his family are reported to own the majority of ENIC, while approximately 30% is held by Mr. Levy and his family.

“I am incredibly proud of the work I have done together with the executive team and all our employees. We have built this club into a global heavyweight competing at the highest level.”

Daniel Levy’s Legacy

Mr. Levy was the Premier League’s longest-serving chairman, having served for nearly a quarter of a century and reportedly earning over £50m ($67.5m) during his tenure. Despite his long service,he faced regular protests from Spurs fans,particularly last season.

In a statement last week, Spurs indicated that Mr. Levy’s departure was “part of the club’s ambition to ensure that it is set up to deliver long-term sporting success”. Mr. Levy stated, “I am incredibly proud of the work I have done together with the executive team and all our employees. We have built this club into a global heavyweight competing at the highest level.”

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