Tottenham Hotspur denied takeover rumours amid reports club owner Joe Lewis is ‘holding out for £2 billion’

Tottenham Hotspur
Tottenham Hotspur’s ground on the last day of the 2016-2017 season. Richard Heathcote / Getty Images

Tottenham Hotspur has denied speculation that the club could be sold to a Silicon Valley investment firm that has been described as “secretive.”

Iconiq Capital reportedly “considered a £1 billion bid” for the North London club, according to The Times.

Wealth managers Iconiq Capital reportedly talked about buying Tottenham with The Blackstone Group, a private equity firm, as early as 2014.

The Times claimed Iconiq put together a consortium that was willing to bid £882.6 million for the Premier League club in 2015.

Spurs owner Joe Lewis reportedly rejected the bid as “he is understood to be holding out for £2 billion.

It remains to be seen whether Iconiq makes an improved offer, however, Tottenham has issued a statement denying its involvement in discussions over a sale.

“The [Tottenham] board is not in any discussions relating to a takeover offer for the club,” an official Spurs statement said.

Iconiq manage the wealth of a number of California’s best known billionaires including Facebook owner Mark Zuckerberg, Twitter founder Jack Dorsey, and Napster cofounder Sean Parker.