LONDON (AP) — An American private investment firm is considering making an offer to buy English Premier League club Tottenham.
Cain Hoy Enterprises said in a statement released Friday that it is “at the preliminary stages of assessing a cash offer” for Tottenham and must announce whether it intends to make an official bid by no later than Oct. 10.
Cain Hoy, whose headquarters are in Greenwich, Connecticut, said it was releasing the statement “without the consent of Tottenham Hotspur.”
Tottenham reacted by saying in a statement that the club “is not in takeover discussions with Cain Hoy or any other party,” but confirmed officials had met with representatives of the U.S. company regarding financial options for the building of a new stadium.
“However, there are no ongoing discussions with Cain Hoy,” the Tottenham statement added.
Tottenham is planning to build a new 56,250-capacity stadium adjacent to its current White Hart Lane ground.
- English Premier League