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No 'For Sale' sign at Spurs

Posted on 12 December 2004  - 12:00

Tottenham Hotspur (Spurs) Football Club is located in North London. The club is also known as Spurs. Tottenham's home ground is White Hart Lane. The club motto is Audere est Facere (To dare is to do).

Daniel Levy, Chairman, has responded to recent press speculation, both today and over the last two weeks about the future of the Club. Certain newspapers have carried columns suggesting that the Club is for sale, that David Sullivan may want to buy it or, the latest today, that Glenn Hoddle is part of a consortium to bid for the Club.

"Let’s be absolutely clear about this. ENIC owns 51% of Tottenham Hotspur. Its commitment is evidenced by the fact that during the summer ENIC was wholly prepared to underwrite the full fund raising requirement. We have never put up a 'For Sale' sign at this Club and we are not about to do so. I, personally, have invested time, energy and money in getting this Club in the shape it is now financially, both as a player in the transfer window and as a club with a future,” said Daniel Levy.

"We are a PLC - as such we have a duty to our shareholders to consider seriously any approaches for the Club from bona fide buyers, but we have not had any such negotiations or discussions and we have no intention of selling. And for the hundreth time I want to re-iterate that we never received any proposal, let alone offer, from Roman Abramovich."

He continued, "This kind of irresponsible, inaccurate speculation is irritating only because I do not want our fans, players, staff and shareholders to take it seriously and am keen that they simply ignore it."