Reports say Tottenham Hotspur has “opened” a new acquisition agreement after the club’s chief decided to decline a “world record” bid.
Stories surrounding the Spurs for sale rose following Daniel Levy’s sudden exit. A report on Thursday evening revealed that it received a “world record” bid worth around £4.5 billion from a US consortium.
The deal will exceed the £4.25 billion paid by the Todd Berry consortium to buy Chelsea in 2022, but it has since been revealed that Spurs has decided to turn down the proposal.
In a statement to the London Stock Exchange, the club said: “The board of directors of Tottenham Hotspur Limited is aware of recent media speculation and confirms that its majority shareholder, ENIC Sports & Developments Holdings Ltd, has received it, and recognizes the informal expression of informal interest that it was explicitly rejected and issued proposals and that Mr Brook (Brook Mrase’s share capital) will receive the proposals issued, consortium ‘).
“The club’s board and Enic are reaffirming that Tottenham Hotspur is not on sale and Enic is not trying to sell any stakes in the club.
“A consortium is required by 5pm on October 24, 2025, in accordance with the obligations under Rule 2.6(a) of the City Code.
Read: Spurs can sign Palmer, Vinicius and De Jong.
Meanwhile, Spurs manager Thomas Frank claims it is “very clear” that the club is “not on sale.”
“The Lewis family is very transparent and very good in the way they communicated, and it’s very clear that the clubs are not on sale,” Frank said.
“Vinai is very clear on everything and for me personally I feel like I’m in a very stable environment where I’m caught up in work every day.”
Nevertheless, reports from football insiders claim that after the Spurs rejected this initial offer, they would be “more open” to “NFL-style acquisition deals.”
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The report claims:
“The majority of ENIC’s majority say the club will be more open to dealings with NFL franchise owners, which will become part of a larger combination of sports assets, rather than fully selling.
The existing NFL contract “Spurs” is understood to be a key component for potential investors, with at least two games played at Tottenham Hotspur Stadium each year.
