Potential buyer Cain Hoy Enterprises says it is considering a big to buy Tottenham Hotspur
AN AMERICAN private investment firm is considering making an offer to buy English Premier League club Tottenham.
AN AMERICAN private investment firm is considering making an offer to buy English Premier League club Tottenham.
Cain Hoy Enterprises says in a statement released overnight that it is “at the preliminary stages of assessing a cash offer” for Tottenham and must announce whether it intends to make an official bid by no later than October 10.
Cain Hoy, whose headquarters are in Greenwich, Connecticut, says it was releasing the statement “without the consent of Tottenham Hotspur.”
Tottenham said in a statement released on Thursday that “neither the club, nor its majority shareholder, are in any takeover discussions.”
Tottenham reacted by saying in a statement that the club “is not in takeover discussions with Cain Hoy or any other party,” but confirmed officials had met with representatives of the US company regarding financial options for the building of a new stadium.
“However, there are no ongoing discussions with Cain Hoy,” the Tottenham statement added.
The plan is to build a new 56,250-capacity stadium adjacent to the current White Hart Lane ground.
Spurs announced on Wednesday that they will have to leave White Hart Lane for a season after a legal challenge caused a delay in the construction.