Spurs Owner Rejects Takeover Talks Despite Market Interest | OneFootball

Spurs Owners Rebuff Interest Amidst Leadership Change

Tottenham Hotspur’s ownership group has moved to clarify its stance after days of mounting speculation around a potential takeover. Following the sudden departure of long-serving executive chairman Daniel Levy, Spurs confirmed that its majority shareholder has rejected two approaches regarding a possible sale of the club.

Owners reject takeover interest

ENIC Sports & Developments Holdings Ltd, which holds an 87% stake in Spurs, issued a statement making its position clear. The ownership group confirmed it had received two preliminary expressions of interest but has “unequivocally rejected” both.

One of the proposals came via Amanda Staveley’s PCP International Finance Limited, while another was submitted by a consortium led by Dr Roger Kennedy and Wing-Fai Ng through Firehawk Holdings Limited. Neither offer was entertained.

“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 read.

The message from Spurs’ owners is unambiguous: there are no plans to part ways with the north London side, despite mounting speculation around the future direction of the club.

Daniel Levy’s departure sparks speculation

Levy’s exit last week ended an era in which he had been the Premier League’s longest-serving chairman, with almost 25 years at the helm. During his tenure, he oversaw the transformation of Tottenham Hotspur into a global presence, including the construction of the Tottenham Hotspur Stadium, a world-class venue that hosts both football and major international events.

His leadership was not without turbulence. Levy was the target of consistent supporter protests, particularly during recent seasons, as frustrations grew over a lack of silverware despite significant infrastructure growth. Estimates suggest he earned in excess of £50 million during his time in charge.

For some, his sudden departure looked to be a trigger for takeover manoeuvres, but the club’s confirmation of its owners’ stance has put that speculation to rest for now.

ENIC’s long-term position

ENIC’s stake in Spurs is predominantly owned by UK businessman Joe Lewis and his family, with Levy and his family retaining roughly 30% of the company’s shares. Despite Levy’s departure from his executive role, the ownership structure remains unchanged, ensuring continuity at board level.

The statement accompanying Levy’s exit emphasised the club’s vision for “long-term sporting success.” Levy himself reflected with pride on the progress made during his tenure: “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. I will continue to support this club passionately.”

Spurs’ future direction

With speculation over a sale now quashed, attention turns to how Spurs’ owners will steer the club through its next phase. The stadium remains a lucrative asset, and the club’s stature within the Premier League and European competitions continues to draw significant commercial interest.

For supporters, however, the focus will remain firmly on the pitch. The next chapter will depend on whether ENIC’s commitment to retaining ownership can translate into the trophies and sustained success fans have long demanded.