Harry Kane

Tottenham striker Harry Kane in action last season.

Tottenham Hotspur quash takeover rumours

Tottenham Hotspur Football Club has this morning released a statement denying any potential takeover of the club.

The Club released a statement via the London Stock Exchange (LSE) this morning (10 July) to address rumours circulating in the press of a takeover.

Rumours have surfaced stating that the Club has been seeking additional capital to help fund its new stadium however the Club has revealed that this is not the case.

In a statement, the Club said: “The Club announced on 31 May 2017 the completion of the bank debt financing for the new stadium with a consortium of banks involving Bank of America Merrill Lynch International Limited, Goldman Sachs Bank USA and HSBC Bank plc.

“The Board believes this was the optimum solution in the interests of fans, employees and shareholders and for the continued development of the Club. The Board is not in any discussions relating to a takeover offer for the Club.”

The announcement follows the news last week that the Club has signed a lucrative deal which will see Nike become its new shirt sponsor.

More to follow...