Tottenham Hotspur has firmly dismissed two preliminary takeover bids, reiterating that the club is “not for sale.” This announcement comes in the wake of Daniel Levy’s departure as chairman last Thursday, a role he held since 2001, following a request from majority owners ENIC, owned by the Lewis family trust.
The decision has fueled speculation about a potential acquisition, with Amanda Staveley, former co-owner of Newcastle United, often linked to a possible bid for the north London club through PCP International Finance over the past year. However, it emerged on Sunday that Staveley is expected to release a statement on Monday confirming she has no plans to pursue a formal bid.
Tottenham’s Firm Stance on Ownership
In a statement released late Sunday, Tottenham’s board confirmed it had “received, and unequivocally rejected, separate preliminary expressions of interest” from two parties: PCP International Finance and a consortium led by Dr. Roger Kennedy and Wing-Fai Ng through Firehawk Holdings Limited.
The board emphasized, “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.”
Background and Context
ENIC, which operates under the Lewis family trust, controls nearly 87 percent of Tottenham. Despite this significant ownership, the club’s publicly traded shares subject it to UK Takeover Code regulations. Last year, former chairman Levy revealed that the club had engaged in discussions with potential investors about selling a minority stake, though talks with Qatar Sports Investments were denied.
While the Lewis family trust appears open to external investment, their recent decision to replace Levy was aimed at achieving “more wins, more often.” The focus now is on supporting newly appointed non-executive chairman Peter Charrington, chief executive Vinai Venkatesham, and head coach Thomas Frank, all of whom joined in 2025, in enhancing the team’s on-field performance.
Amanda Staveley’s Position
Reports have circulated that Staveley will clarify her intentions via a statement from PCP, confirming she does not intend to assemble a bid for Spurs. This follows claims that she had been in discussions with potential backers for a takeover.
“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.”
Staveley’s involvement in football is well-documented, most notably through her part in the Saudi-led consortium’s acquisition of Newcastle United. Her potential interest in Tottenham has been a topic of intrigue, yet her forthcoming statement is expected to put an end to these rumors.
Implications for Tottenham’s Future
The rejection of these bids underscores ENIC’s commitment to maintaining control over the club, focusing on stability and long-term success. The new leadership team is tasked with steering Tottenham towards improved results, both on and off the pitch.
As the club navigates this transitional phase, the focus remains on strategic investments and fostering a competitive team environment. The support from majority shareholders is seen as crucial in achieving these objectives.
Looking ahead, Tottenham’s steadfast refusal to entertain takeover offers may reassure fans and stakeholders of the club’s direction and ambitions. The emphasis on internal development and strategic partnerships could pave the way for sustained success in the highly competitive Premier League landscape.
