Tottenham takeover statement made as group banned from making an offer
Tottenham's board has firmly stated that the club is "not for sale", following Amanda Staveley's firm withdrawing from a potential takeover bid. PCP International Finance, the investment group led by former Newcastle shareholder Staveley, confirmed its interest in a potential move on Monday morning.
However, it also clarified that "it does not intend to make an offer for Tottenham". Due to takeover regulations, the company is now barred from making another offer for the Premier League club within the next six months.
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This development comes amidst increasing rumours of an imminent takeover, particularly after the unexpected exit of long-standing executive chairman Daniel Levy last week.
Levy had been the longest-serving chairman in the Premier League, having held the position for 24 years.
On Sunday evening, Tottenham's board acknowledged receiving takeover interest from two parties but maintained they had no plans to sell.
ENIC Sports & Developments Holdings Ltd, the majority shareholder of the club, revealed interest from PCP and a consortium of investors led by Roger Kennedy and Wing-Fai Ng through Firehawk Holdings Limited.
Tottenham's board announced they had "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".
The statement concluded: "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."
ENIC, controlled by the Lewis family trust, holds nearly 87 per cent of Tottenham, but due to the remaining shares being publicly traded, the club is subject to the UK Takeover Code. The PA news agency has learned that the Lewis family trust is open to external investment.
However, after inviting Levy to step down in a bid to secure "more wins, more often" for Tottenham, the majority owners' primary focus is on providing the necessary support to new non-executive chairman Peter Charrington, chief executive Vinai Venkatesham and head coach Thomas Frank – all appointed in 2025 – to help deliver greater on-field success.