Tottenham ‘not for sale’ as Amanda Staveley’s firm backs down

Tottenham’s board have said the club is “not for sale”, as Amanda Staveley’s firm pulled out of a potential takeover move.

On Monday morning, PCP International Finance, the investment vehicle led by former Newcastle shareholder Staveley, confirmed it had been interested in a potential move.

But it confirmed that “it does not intend to make an offer for Tottenham”.

Takeover rules mean the company cannot return with an offer for the Premier League club in the next six months.

It came amid growing speculation a takeover of the club could be imminent following the sudden departure of long-standing executive chairman Daniel Levy last week.

Levy was the Premier League’s longest-serving chairman, having held the role for 24 years.

On Sunday evening, Tottenham’s board confirmed they had received takeover interest from two parties but did not plan to sell.

ENIC Sports & Developments Holdings Ltd, the majority shareholder of the club, said it had interest from PCP and a consortium of investors led by Roger Kennedy and Wing-Fai Ng through Firehawk Holdings Limited.

Tottenham’s board said they had “received, and unequivocally rejected, separate preliminary expressions of interest in relation to proposals to acquire the entire issued, and to be issued, share capital of ENIC”.

The statement added: “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.”

ENIC, which is run by the Lewis family trust, owns almost 87 per cent of Tottenham, but due to the remaining shares being publicly traded, the club is subject to the UK Takeover Code.

The PA news agency understands the Lewis family trust is open to external investment, but after it invited Levy to step down in a move designed to help Tottenham claim “more wins, more often”, the majority owners’ main focus is on providing the required support to new non-executive chairman Peter Charrington, chief executive Vinai Venkatesham and head coach Thomas Frank – all whom have been appointed in 2025 – to help deliver greater on-field success.