Source:REUTERS/Lise Aserud
[Saba Sports News] According to British media reports, Tottenham Hotspur has officially terminated its relationship with financial advisor Rothschild & Co. As Tottenham is not for sale, both parties mutually agreed to end the mandate. Previously, former Chairman Daniel Levy hired the firm in April 2024 to assist in seeking external investment. This decision comes after the club publicly rejected three acquisition proposals within the past month. The club first declined offers from PCP Capital Partners led by Staveley and Firehawk Holdings, followed by a “clear rejection” of an informal proposal from a consortium led by US investor Brooklyn Earick. Since Levy’s dismissal on September 4, ending his nearly 25-year tenure, rumors about a Tottenham takeover have been rampant. Although the club has repeatedly insisted it is not for sale, its unique shareholding structure requires compliance with the UK’s “Takeover Code,” protecting the interests of approximately 30,000 minority shareholders who collectively hold 13% of the club’s shares. This means any acquisition must be public and transparent. Under the rules, Staveley’s team cannot make another bid within the next six months, while Earick must clarify his acquisition intentions by October 24.