Amanda Staveley’s consortium have not given up on their pursuit of Tottenham Hotspur, The i Paper understands.
Staveley’s PCP International Finance Limited and a rival American/Chinese consortium both made approaches last week after Tottenham announced the departure of chairman Daniel Levy.
That prompted a statement from Spurs owners Enic on Sunday night reaffirming that the club is not for sale.
PCP International Finance then released their own statement on Monday clarifying that “it does not intend to make an offer for Tottenham”.
Under the takeover code that would govern any buyout of Tottenham that means they cannot make another offer for six months, although Enic could invite the consortium back to negotiate and Staveley’s group could launch a counter-offer if another bid is submitted.
And sources suggested to The i Paper that the interest remains, with the intention of monitoring the situation before deciding on whether to make a new proposal in 2026.
Staveley is an experienced deal maker and tapped up Middle East finance to broker Newcastle United’s takeover by the Public Investment Fund of Saudi Arabia nearly four years ago.
But this largely US-backed consortium, which is made up of multiple investors and has the backing of UBS Investment Bank, does not involve any money from the Gulf and there is no Qatari investment involved.
It is understood that there is concrete interest in buying the club from Qatar but they are yet to show their hand.
Sources told The i Paper the Staveley proposal is potentially “ready to go” but there remains significant uncertainty about what happens next and whether Enic would countenance a sale.
“No-one knows what is likely to happen from here,” one insider said.
Takeover speculation has buzzed around the club since the shock departure of Levy last week, which followed a review of football operations led by the Lewis family and Enic earlier this year.
The ownership group has insisted that the club is not for sale and confirmed in their statement on Friday that they had rejected “preliminary expressions of interest” from the Staveley-led consortium and one led by Dr Roger Kennedy and Wing-Fai Ng through Firehawk Holdings Limited. Wing-Fai Ng is chief executive at Triller, an entertainment and streaming business.
The Spurs statement read: “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.”
In an interview with the club’s in-house media on Monday, CEO Vinai Venkatesham added: “I can be really clear on this, the Lewis family are really clear: they see their involvement with Tottenham Hotspur being long-term and see their involvement continuing through the generations.
“We made a statement very late last night, and the statement I hope was unambiguously clear that Tottenham Hotspur is not for sale.”