Tottenham have released a statement confirming the club is not for sale after two separate takeover bids were rejected by the club's hierarchy
Tottenham have firmly stated the club remains off the market following two "expressions of interest" that were "categorically dismissed" by senior figures.
The North London outfit is currently undergoing structural changes at boardroom level following long-serving chairman Daniel Levy's departure after a quarter-century tenure. This has sparked mounting conjecture regarding a potential ownership change.
Former Newcastle United co-owner Amanda Staveley has been rumoured to be preparing a bid through her PCP International Finance company in recent months, after being spotted at the club's ground during the previous campaign.
However, Spurs have issued a formal declaration rejecting any approaches after confirming interest from external groups, including Staveley's organisation and a Chinese consortium.
The statement declared: "The Board of Tottenham Hotspur Limited is aware of recent media speculation and confirms that its majority shareholder, ENIC Sports and 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 PCP International Finance Limited and a consortium of investors led by Dr. Roger Kennedy and Wing-Fai Ng through Firehawk Holdings Limited," reports the Mirror.
"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."
Staveley has been in discussions with potential investors regarding a takeover bid and on Monday morning PCP acknowledged its interest in a possible deal, but stated "it does not intend to make an offer for Tottenham".
Under takeover regulations, the firm is now barred from returning with another proposal for six months. Tottenham's ownership falls under the UK Takeover Code.
Another interested party could submit a formal proposal for the club if welcomed by ENIC's board, or if a competing group announces its intention to launch a bid.
ENIC, which owns nearly 87 per cent of the club, is overseen by British billionaire Joe Lewis, though he has since withdrawn from his position.
His children Charlie and Vivienne are anticipated to assume greater responsibilities, with Peter Charrington representing a significant early appointment from the new leadership as non-executive chairman, taking over from Levy.
Levy's departure came as a surprise, having been at the helm since 2001. Nevertheless, he maintained that "significant progress has been made" despite facing criticism from fans regarding the club's direction and decision-making over the years.
"I am incredibly proud of the work I have done together with the executive team and all our employees," Levy said in a statement confirming his departure.
"We have built this club into a global heavyweight competing at the highest level.
"I wish to thank all the fans that have supported me over the years. It hasn't always been an easy journey but significant progress has been made. I will continue to support this club passionately," he added.