
"The club is aware of recent media speculation and confirms that its majority shareholder, ENIC Sports & Developments Holdings Ltd ("ENIC"), has received, and unequivocally rejected, an informal expression of interest in relation to a proposal to acquire the entire issued, and to be issued, share capital of the club from a consortium led by Mr Brooklyn Earick. "The board of the club and ENIC reconfirm that Tottenham Hotspur is not for sale and ENIC is not looking to sell its stake in the club.""
"A report in The Sun on Thursday night stated American tech entrepreneur Earick was ready to launch an overall £4.5 billion ($6bn) takeover bid for the Premier League club. Spurs' majority owners ENIC, which is run by the Lewis family trust, earlier this month rejected expressions of interest from Amanda Staveley's PCP International Finance and a consortium of investors led by Dr Roger Kennedy and Wing-Fai Ng through Firehawk Holdings Limited."
ENIC Sports & Developments Holdings Ltd owns 87% of Tottenham Hotspur and is run by the Lewis family trust. ENIC has unequivocally rejected an informal expression of interest from a consortium led by Brooklyn Earick. The Tottenham board confirmed that ENIC and the club are not seeking to sell and that Tottenham Hotspur is not for sale. The proposed package was an overall £4.5 billion offer, comprising a £3.3bn takeover proposal plus £1.2bn earmarked for transfers, and Earick had been involved earlier this year in a failed Formula E Maserati acquisition. The club is subject to the UK Takeover Code because remaining shares trade publicly.
Read at ESPN.com
Unable to calculate read time
Collection
[
|
...
]