As featured on NewsNow: Football news

American group approach Tottenham about buyout talks

An American consortium have approached Tottenham about buyout talks. The Telegraph says an approach to buy Spurs has been made by Cain Hoy, a private investment company, on behalf of a group of American businessmen.

Led by its London-born and based head of European investment, Jonathan Goldstein, Cain Hoy is believed to have communicated its interest in launching a takeover bid for Spurs.

Tottenham have claimed they are not up for sale and that they are not in any formal takeover talks, but it is believed owner Joe Lewis values the club, together with the new stadium development, at just under £1 billion.

Although it is 77-year-old Lewis who owns Spurs, several sources say interested parties in a takeover are being informed they will have to deal with chairman Daniel Levy.

 For the big stories and the banter follow us on Twitter: @tribalfootball

Video of the day:

About the author

Tribal Football Staff

×

Subscribe and go ad-free

For only $10 a year

  1. Go Ad-Free
  2. Faster site experience
  3. Support great writing
  4. Subscribe now
Launch Offer: 2 months free
×

Subscribe and go ad-free

For only $10 a year

Subscribe now
Launch Offer: 2 months free