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Tottenham Reaffirms Not-For-Sale Stance, Ends Rothschild Mandate After Stake Disclosure

ENIC states the club has rejected recent approaches.

Overview

  • An LSE filing shows Andrew Ashcroft now holds a 3.4% stake in Tottenham, reported at around £100 million based on recent valuations.
  • Financial adviser Stefan Borson says the Ashcroft holding likely reflects a transfer from his father rather than new capital entering the club.
  • Tottenham has terminated Rothschild & Co’s advisory mandate, with the club saying a sale process is not under way.
  • The club says it “unequivocally rejected” an informal approach from a US consortium led by Brooklyn Earick, whose proposal was reported as £3.3bn for the club plus £1.2bn earmarked for squad investment.
  • UK Takeover Code disclosures point to additional rejected approaches, and industry observers identify private equity or investor consortia—drawn to Spurs’ stadium and NFL tie-up—as the most plausible future bidders.