Rumours Of A Takeover

By Jaymes Payten-Marsh
For THBN

Reports of a takeover are currently circulating around the business world. With Tottenham Hotspur’s share price jumping from 29.60 to 34.00 within a matter of hours, reports are rife that Daniel Levy has received an offer and rejected it for the majority shares owned by ENIC from an unknown source.

Other sources claim that an offer was made for the shares owned by Sam Hamman & Alan Sugar. Combined, those shares equal 14.7% of the overall holding of the club.

Some forums are even claiming that they have heard the rumour that former Manchester United major shareholders JP McManus and John Magnier are interested in owning the majority shares in Tottenham.

The Premiership has become the place to own shares as a football club can become a very profitable enterprise if run correctly and so this has attracted various business men into the world of football.

I think that if we are going to be taken over, be it now, or in the future, at least let Spurs be owned by some billionaire like Roman Abramovich. If we are going to be taken over by someone like Levy again, they may as well forget the whole thing as life under Levy’s leadership looks as though the good times at Spurs are not that far away.