Tottenham Hotspur Board Rejects Takeover Offers After Levy Exit
Tottenham Hotspur Board Rejects Takeover Offers After Levy Exit

Tottenham Hotspur Board Rejects Takeover Offers After Levy Exit

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Tottenham Hotspur's majority shareholder ENIC Sports & Developments Holdings Ltd has unequivocally rejected two takeover bids following the departure of long-serving executive chairman Daniel Levy. The bids came from Amanda Staveley's PCP International Finance Limited and a consortium led by Dr Roger Kennedy and Wing-Fai Ng through Firehawk Holdings Limited. ENIC, which owns approximately 86.5% of the club, along with the Tottenham board, confirmed that the club is not for sale and there is no intention to accept any offers. The Lewis family, who control ENIC, have also insisted that Tottenham remains off the market despite speculation triggered by Levy's exit. Any acquisition of ENIC's stake would require a mandatory offer for all remaining shares due to UK Takeover Code rules, and the club is valued at up to £4 billion. Amanda Staveley is expected to confirm she will not pursue a bid, maintaining the status quo in ownership for now.

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