AEG rules out £450m Spurs takeover

AMERICAN entertainment company AEG has crushed talk of a £450 million takeover of Tottenham Hotspur.

AMERICAN entertainment company AEG has crushed talk of a £450 million takeover of Tottenham Hotspur.

AEG has a strong relationship with Spurs, having assisted in their doomed bid to move into the Olympic Stadium in London.

However, despite reports to the contrary, the company has no plans to try and take the ownership of Tottenham away from Bahamas-based businessman Joe Lewis.

Timothy J Leiweke, president and chief executive of AEG, said in a statement: “The stories that AEG is interested in or has been negotiating for the purchase of Tottenham are untrue.

“We currently enjoy a very good business and personal relationship with Tottenham and have been involved with a number of transactions over the years. However, at no time have we had a desire to purchase that club. We will continue to have a great relationship with Tottenham chairman Daniel Levy and Tottenham moving forward.”

 

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