Particle.news
Download on the App Store

Staveley’s PCP Withdraws Tottenham Approach as Spurs Rebuff Sale Interest

A London Stock Exchange notice triggers a six-month bar on any renewed bid under UK takeover rules.

Overview

  • Tottenham’s board and ENIC said the club is not for sale and confirmed they rejected preliminary proposals from PCP International Finance and a separate consortium.
  • PCP told the London Stock Exchange it does not intend to make an offer for Tottenham, activating a cooling-off period that prevents a fresh approach for six months.
  • Reporting in the i Paper says the funding identified for Staveley’s interest comes largely from the United States rather than Qatar, with PCP sources offering limited comment due to takeover rules.
  • Amanda Staveley played a prominent role in Newcastle United’s 2021 PIF-backed takeover, later selling her 10% stake with Mehrdad Ghodoussi in July 2024.
  • Staveley reflected on her Newcastle tenure on the High Performance Podcast, becoming emotional as a fan message was read about her connection with supporters.