Tottenham Hotspurs Not for Sale Amid Takeover Speculation

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00:00Meanwhile, in the soccer world, Tottenham Hotspurs say they are not for sale.

00:03This following the sudden departure of Executive Chair Daniel Levy,

00:07which triggered speculation of a potential takeover bid.

00:10Now, Levy was the Premier League's longest-serving chairman.

00:13He earned more than $67 million during his almost quarter-of-a-century with Spurs.

00:17The BBC says the club rejected an expression of interest

00:20from a former Newcastle shareholder and another consortium for the team.

00:24Yeah, and when these rumors started last season, around the end of the year,

00:27especially with Levy himself saying they were considering a minority stakeholder

00:31that they were going to bring on, it made people wonder what's going on with Tottenham.

00:34And then when you had, as you mentioned, the longest-tenured Premier League chairman in Daniel Levy

00:38that was originally they said he stepped down, but they actually removed him,

00:42it made people wonder what's really going on with the club.

00:45And as we've been hearing so many rumors circulate from the U.S. to Saudi Arabia,

00:48different stakeholders that were considering being majority owners and taking over,

00:53it made people wonder if a sale was going to happen.

00:56But Tottenham's put their foot down.

00:58They've confirmed they're not selling.

00:59If anything, they're actually focusing instead on winning more games.