Tottenham takeover latest as ENIC double down on sale stance in new statement after £100m move

There have been wholesale changes made at Tottenham Hotspur over the last few months and more could yet be on the way. The appointment of Vinai Venkatesham as chief executive came as somewhat of a shock given his Arsenal links but the departures of Donna Cullen and Daniel Levy were perhaps even more unexpected.

The latter stepped down as chairman last Thursday, as confirmed in a club statement. However, the understanding now is that he was more pushed out than decided to leave of his own accord.

In the days after his exit, Tottenham takeover talk has ramped up significantly but ENIC, Tottenham's majority shareholders, seemingly have no intentions to sell.

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That was hinted at with the final line of their statement on Levy's departure which stated the decision was made regarding the "Club’s ambition to ensure that it is set up to deliver long-term sporting success."

If that is the message from the very top of the club, selling to the highest bidder does not seem likely and as football.london reported last week there are no current plans to sell with the changes at executive level made in an attempt to create a club better prepared for success.

Unsurprisingly though, the topic has continued to trend this past weekend and with that in mind, football.london has rounded up the latest Spurs takeover news

Tottenham statement

There has been plenty of talk surrounding the club's stance and plans of potential investors. Initially, that was all it was but now it has been officially made clear what has happened at Tottenham in recent days.

In a statement released late Sunday evening, Tottenham's board confirmed it had "received, and unequivocally rejected, separate preliminary expressions of interest in relation to proposals to acquire the entire issued, and to be issued, share capital of ENIC from (i) PCP International Finance... and (ii) a consortium of investors led by Dr. Roger Kennedy and Wing-Fai Ng through Firehawk Holdings Limited".

The statement added: "The Board of the Club and ENIC confirm that Tottenham Hotspur is not for sale and ENIC has no intention to accept any such offer to acquire its interest in the Club."

Former Newcastle United director Amanda Staveley is involved with PCP International Finance, and links to investing in Spurs have been present since her departure from the North East club.

Second statement expected

Prior to Tottenham's statement, the Telegraph's Matt Law claimed on Sunday evening that an announcement from Staveley clarifying her intentions around a bid for Tottenham was to be expected. It certainly looks as though those have already been made clear.

Nonetheless, in order to avoid market manipulation with 13 per cent of the club listed publicly, a statement from Staveley is still expected, with it likely to state her camp will not be proceeding.

ENIC stance reiterated after cash injection

The decision not to entertain those bids again highlights the genuine stance of Spurs' owners, even with so many big changes making the club primed for a sale. If anything, there are plans to instead push more money into the club.

A cash injection, believed to be from ENIC, was pushed into the club over the summer transfer window, which likely allowed Spurs to spend big fees on Mohammed Kudus and Xavi Simons while also offering to do so for Morgan Gibbs-White, Nico Paz, Eberechi Eze and Savinho.

Further funding looks likely with it claimed that over £100million is scheduled to be pumped into the club in order to press on with ENIC's desire help Tottenham compete on all fronts.