Tottenham Hotspur

As You Were Told Yesterday…

As You Were Told Yesterday…

Tottenham have insisted they are not in takeover talks amid claims that a potential buyer backed by Facebook owner Mark Zuckerberg could be preparing a £1billion bid.

Reports have suggested American investment company Iconiq Capital are interested in the White Hart Lane outfit, which finished second in the Premier League last season.

However, Spurs, who are currently in the process of building a new stadium next to their current home, moved to dispel speculation that the club could be for sale.

A statement issued through the club’s official website read: “The club engaged Rothschild to secure the funding for the new stadium.

“As expected, many proposals came forward including bank debt and equity investment.

“The club announced on 31 May 2017 the completion of the bank debt financing for the new stadium with a consortium of banks involving Bank of America Merrill Lynch International Limited, Goldman Sachs Bank USA and HSBC Bank plc.

“The Board believes this was the optimum solution in the interests of fans, employees and shareholders and for the continued development of the club.

“The Board is not in any discussions relating to a takeover offer for the club.”

PA Sport
View Comments (7)
Comments
  • Aside from cerebrospinal fluid, what's on your mind?

  • PochJob July 10, 2017 at 12:30 pm

    The whole project, not just the stadium, will cost £800M

    • Harry Hotspur July 10, 2017 at 1:05 pm

      No.

  • Northstand Nutter July 10, 2017 at 12:13 pm

    Note that the press release doesn’t deny any intention to sell just that there are no ongoing discussions.

  • richspurs July 10, 2017 at 12:03 pm

    Lies, lies, fake news, alternative news, denials, halftruths, blah, blah, blah.
    Are we there yet. Just over a month. Cannot wait. Miss the fecking footie.

  • caveman July 10, 2017 at 12:00 pm

    So the cost of the stadium is supposed to be £800m and that on top of the land purchase and the rest and wed to be offered one billion for a takeover. Doesn’t make any sense. Is the training facilities and the squad only worth a few meager shillings. It is said (whether it’s true or not) that Lewis wants £2billion, which in my mind would be realistic, given the progress and facilities on top of the potential.

    • gloster1861 July 10, 2017 at 1:38 pm

      Yes, one billion seems way off the mark, unless ENIC are in trouble and need a fire sale to a predator.

  • Superspoz 🔪 July 10, 2017 at 11:44 am

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