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Tottenham Hotspur have now set a deadline for interested parties to declare whether they intend to bid for the club.
Just two days after the news of Daniel Levy’s departure, it emerged that two different consortia began talks with Tottenham regarding a takeover of the club.
The report revealed that one of them was PCP International Finance Limited, headed by former Newcastle United chief Amanda Staveley.
Spurs then announced on Sunday that they rejected two approaches to buy a stake in the club, including the one from PCP.
Tottenham Hotspur set a deadline for investors to declare bid intentions
Subsequently, PCP said that it does not intend to make an offer for Spurs but “reserves the right under the Takeover Code to re-enter negotiations if another party makes a formal offer.”
After that public declaration, PCP are not allowed to launch an offer for Tottenham Hotspur for the next six months, unless invited to do so by the club or if another party launches an offer.
Now, Sky Sports have said that Tottenham’s majority shareholder, ENIC, has set a deadline of 5 pm on October 5 for interested groups to declare whether or not they intend to bid for the club.
We will thus likely find out over the next few weeks how many consortia are seriously considering a takeover offer of the North London club.
The Lewis family maintain they do not want to sell
According to various reports, the Lewis family have maintained that they do not intend to sell Tottenham, and instead want to spearhead an ambitious project.
The same was also backed up by Spurs CEO Vinai Venkatesham, who hinted that the Lewis family are ready to invest in Spurs to help the club achieve on-pitch success.
It will be interesting to see if their stance changes if a sufficiently large offer arrives for the club.
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