Football Trade Directory

Tottenham Hotspur deny takeover talks

Tottenham Hotspur have said that they are not in any discussions relating to a takeover offer.

Reports in the media had suggested that US firm Iconiq Capital was preparing an offer.

Spurs are currently in the process of building a new stadium, and will play games at Wembley Stadium next season.­ The club agreed stadium funding with a trio of banks earlier this year. It says other proposals emerged then, "including bank debt and equity investment".­ Three banks were involved in the stadium financing, they were Bank of America Merrill Lynch In­ter­nati­onal Ltd, Goldman Sachs Bank USA and HSBC bank.

The club said in a statement: "The board believes this [stadium financing agreement] 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."

JC

Posted on