>
My tribe
As featured on NewsNow: Football news

Ashcroft purchase fuels Spurs takeover speculation

Lord Ashcroft's purchase of a 4 per cent stake in Tottenham has sparked fresh takeover speculation.

The Times says Tottenham were notified last month that Ashcroft, also the biggest shareholder in Watford, the Coca-Cola Championship club, had taken his stake to a fraction below 4 per cent, not a significant enough foothold to wield any power but sizeable enough to be profitable if an offer for the club came along.

Ashcroft's move comes after Joe Lewis, the reclusive co-owner of Enic International, which owns 82 per cent of Tottenham, suffered a loss thought to be about £500million from the collapse of the Bear Stearns bank in the United States.

About the author

Tribal Football Staff

Have your say
  • Add your favourite leagues and clubs
  • Build your own personal news stream
  • Easily share your favourite stories
  • Connect with what your friends are saying

Select your favourite
leagues and clubs
to get started.

Already part of MyTribe?