Tottenham Hotspur have shut down speculation over a possible takeover, insisting the club is “not for sale” despite reported interest from former Magpies staffer Amanda Staveley and other parties.
On Sunday night, Spurs issued a statement confirming that ENIC, the holding company owning nearly 87 per cent of the club, had received and rejected “preliminary expressions of interest” from two separate groups. Those were Staveley’s PCP International Finance and a consortium led by Dr. Roger Kennedy and Wing-Fai
Ng.
“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 development follows last week’s departure of long-serving executive chairman Daniel Levy, which had triggered speculation about Spurs’ long-term ownership structure.
Staveley, who helped orchestrate the Saudi Arabia Public Investment Fund’s £300m purchase of Newcastle United in 2021, was linked to a fresh entry into Premier League ownership. However, her financial capacity to lead such a deal remains in question after selling her remaining Newcastle stake in July 2024.
Tottenham’s public dismissal also reflects the requirements of the UK Takeover Code, since 13 per cent of the club’s shares are publicly tradable, according to The Guardian. Analysts from many outlets still question Tottenham’s position, believing the club’s statement does not mean Spurs would never consider selling in the future.
