Tottenham takeover attempt 'launched' as £4.5bn offer made

Submitted by daniel on
Picture
Remote Image

Former DJ and tech entrepreneur Brooklyn Earick is reportedly leading a 12-man consortium that has tabled a record-breaking £4.5 billion bid to take over Tottenham Hotspur.

According to The Sun, Earick and his partners are prepared to shell out £3.3 billion to acquire the entire club from owners ENIC and the Lewis family, with an additional £1.2 billion set aside for player investments.

Talk over the possibility of a full club takeover has ramped up since the departure of Daniel Levy as chairman, though the Lewis family continue to insist Spurs are not for sale.

That stance was further reiterated by Tottenham CEO Vinai Venkatesham during a lengthy interview released on club channels. Alongside confirming reports of takeover approaches, he revealed the stance of the Lewis family.

"Well, first and foremost, I know the Lewis family really well," he said. "I think it's important for our supporters to know that they're very, very passionate about Tottenham Hotspur and they're ambitious for the club.

"And when I talk about their ambition, what they're really focused on is ensuring that everything that we do across the complete breadth of the club really centres back and is focused on giving our men's team and our women's team the best chance to be successful on the pitch over the long term.

"So that's their laser focus, all around being successful on the pitch. They know, of course, that we operate in a very competitive environment and that there are a number of other teams that have the exact same ambitions we have to compete to win the biggest trophies in the game.

"So we know it's not easy and we know that there's hard work ahead, but that is the focus.

"They're also focused on stability. They know there's been lots of change at the club, and now it's time for some calm and for some stability. And finally they believe and trust in the people that we have working in the organisation.

"Their model is all about empowering the people we have on the ground to deliver against the ambition they have and of course the ambition that we all share."

With Spurs making it clear that takeover approaches will not be entertained, it seems likely this approach will be met by the same answer.

The interest was from PCP International Finance, led by former Newcastle chief Amanda Staveley and a consortium of investors led by Dr. Roger Kennedy and Wing-Fai Ng through Firehawk Holdings Limited.