£3.3billion takeover of Tottenham Hotspur launched with further £1.2billion set aside towards transfers
Source: Spurs Web
Published 1 week ago
A US consortium has launched a £4.5billion takeover of Tottenham Hotspur to take ownership of the club from ENIC.
There has been change at Tottenham in recent weeks after Daniel Levy stepped down as chairman with the Lewis family deciding to move on the 63-year-old, who had been in charge of the North London club for close to 25 years.
The offer is from a 12-person consortium which is being headed up by tech entrepreneur Brooklyn Earick, who earlier this year came close to agreeing a deal to take over the Maserati MSG Formula E racing team.
Earlier this month ENIC insisted that Tottenham were not for sale in the wake of Levy’s exit to quell any speculation that moving on the chairman was part of a potential exit plan.
Credit: TonyM Visuals / @tonym_visuals / @tonym_visualssports
The offer consists of a £3.3billion offer to purchase the club, along with a further £1.2billion which has been set aside for improving the playing squad, according to The Sun.
Earick is said to have assembled an investment panel consisting of eleven others who have experience in putting money into NFL and NBA franchises across the pond.
The transfer war chest would be made available to Thomas Frank from the...
Continue Reading: £3.3billion takeover of Tottenham Hotspur launched with further £1.2billion set aside towards transfers
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