North London Premier League football club Tottenham Hotspur has said that it is not in any discussions relating to a takeover offer.<\/p>\n
Media reports had said US firm Iconiq Capital was preparing an offer.<\/p>\n
Spurs are currently in the process of building a new stadium, and will play games at Wembley Stadium next season.<\/p>\n
The club agreed stadium funding with a trio of banks in May. It says other proposals emerged then, “including bank debt and equity investment”.<\/p>\n
The banks involved in the stadium financing were Bank of America Merrill Lynch International Ltd, Goldman Sachs Bank USA and HSBC bank.<\/p>\n
The club said in a statement: “The board believes this [stadium financing agreement] was the optimum solution in the interests of fans, employees and shareholders and for the continued development of the club.”<\/p>\n
But it added: “The board is not in any discussions relating to a takeover offer for the club.”<\/p>\n
Demolition of the club’s historic White Hart Lane home started at the end of the 2016-17 season.<\/p>\n
They plan to have a new 61,000-seater stadium, built on the same site, ready for the 2018-19 season.<\/p>\n
In the meantime, the club will play home games at Wembley, which they used in the Champions League and Europa League last season.<\/p>\n
The new stadium is expected to cost \u00a3750m but will create about 3,500 jobs in the area when it is finished, according to the club.<\/p>\n
–<\/p>\n
Source: BBC<\/p>\n","protected":false},"excerpt":{"rendered":"
North London Premier League football club Tottenham Hotspur has said that it is not in any discussions relating to a takeover offer. Media reports had said US firm Iconiq Capital was preparing an offer. Spurs are currently in the process of building a new stadium, and will play games at Wembley Stadium next season. The […]<\/p>\n","protected":false},"author":14,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jnews-multi-image_gallery":[],"jnews_single_post":[],"jnews_primary_category":[],"jnews_social_meta":[],"jnews_override_counter":[],"footnotes":""},"categories":[142],"tags":[937,1096,9081],"class_list":["post-335309","post","type-post","status-publish","format-standard","hentry","category-football","tag-premier-league","tag-sports","tag-tottenham-hotspur"],"_links":{"self":[{"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/posts\/335309","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/users\/14"}],"replies":[{"embeddable":true,"href":"https:\/\/citifmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=335309"}],"version-history":[{"count":0,"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/posts\/335309\/revisions"}],"wp:attachment":[{"href":"https:\/\/citifmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=335309"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/citifmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=335309"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/citifmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=335309"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}