Tottenham Hotspur Ownership Firmly Retained: ENIC Rejects Buyout Offers

ENIC Sports & Developments Holdings Ltd firmly rejects buyout offers for Tottenham Hotspur, reaffirming the club is not for sale amidst recent leadership changes.

The ownership of Tottenham Hotspur remains steadfast as ENIC Sports & Developments Holdings Ltd has unequivocally rejected two preliminary buyout offers. This announcement came shortly after the departure of executive chairman Daniel Levy, sparking widespread speculation about a potential takeover.

Leadership Transition and Speculation

Daniel Levy, the Premier League's longest-serving chairman, stepped down last week after nearly 25 years in the role. His departure led to rumors of an imminent takeover bid, which have now been quashed by ENIC's firm stance.

ENIC's Firm Rejection

ENIC, which holds an 87% stake in Tottenham Hotspur, stated that it has no intention of selling its interest in the club. The offers came from former Newcastle United shareholder Amanda Staveley's PCP International Finance Limited and a consortium led by Dr. Roger Kennedy and Wing-Fai Ng through Firehawk Holdings Limited.

Fan Reactions and Future Outlook

Levy's tenure was marked by both significant financial success and regular protests from Spurs fans, especially during the last season. With ENIC's reaffirmation of ownership, the focus now shifts to the club's future direction under new leadership.

Ownership Structure

UK businessman Joe Lewis and his family own the majority of ENIC, with about 30% held by Levy and his family. This structure remains unchanged, ensuring stability for the club moving forward.

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