Tottenham Hotspur have insisted the club is not for sale after majority shareholder ENIC Sports and Developments Holdings rejected two preliminary approaches for control of the Premier League side. The bids came from Amanda Staveley’s PCP International Finance Limited and a consortium led by Dr Roger Kennedy and Wing Fai Ng through Firehawk Holdings.
ENIC, which owns 86.5 per cent of Tottenham, said it has no intention of selling. The club added that any successful acquisition of ENIC would trigger a mandatory offer under Rule 9 of the United Kingdom Takeover Code to buy the remaining shares not already held by ENIC.
In a separate statement, Spurs confirmed that under Rule 2.6(a) both PCP and the Firehawk-led consortium must, by 17:00 on 5 October 2025, either announce a firm intention to make an offer under Rule 2.7 or declare that they do not intend to bid, which would then fall under Rule 2.8.
The clarification follows the departure of long-serving executive chairman Daniel Levy after almost twenty-five years. The club has appointed Vinai Venkatesham as chief executive and Peter Charrington as non-executive chairman, and stressed there are no changes to the ownership or shareholder structure.
ENIC’s majority is owned by businessman Joe Lewis and his family through the Tavistock Group. Staveley previously played a key role in the 2021 deal that brought new ownership to Newcastle United.
Tottenham’s board reiterated that speculation around a sale is unfounded and that the club is focused on the season under its current ownership.
