Truth about rumoured world-record £4.5 billion bid to buy Tottenham Hotspur revealed

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The Independent’s Miguel Delaney has revealed whether there is any truth to reports that Tottenham Hotspur have received a world-record takeover bid from an American investor.

Earlier this month, Spurs confirmed that they rejected two approaches to buy the club, including one from PCP International Finance Limited, headed by former Newcastle United chief Amanda Staveley.

On Thursday, it emerged that a 12-person consortium, headed up by tech entrepreneur Brooklyn Earick, launched a takeover bid worth £3.3 billion to buy Spurs.

It was explained that, in addition to the offer, the consortium had set aside an additional £1.2 billion to be spent on improving the Spurs first-team squad, bringing the total potential expenditure to £4.5 billion.

Tottenham Hotspur Stadium Flag

(Credit: Myles Magidsohn / @mylesmphotos)

Tottenham have not received any new takeover bid

However, The Independent’s Miguel Delaney has now claimed that Spurs are yet to receive any new offer for the club, despite the rumours about the bid from the American consortium.

We know this because the 13 per cent shares of Tottenham, which is not owned by ENIC, remain publicly traded, which means the club is subject to the UK Takeover Code.

As a result, any expression of interest in buying the North London club or any offer must be lodged with the Takeover Code panel and made public.

So far, the Lewis family trust has not been made aware of any other interest in buying the club following the two rejected offers earlier this month.

The Lewis family are open to outside investment in Tottenham

Delaney adds that a source close to the Lewis family reiterated on Thursday that the club is not for sale.

However, interestingly, he explains that even though ENIC do not want to give up control, they are open to external investment into the club.

The journalist asserts that this is because the main focus of the Lewis family is on providing the required support to the top brass at Tottenham in order to achieve on-field success.

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