Lord Ashcroft’s son Andrew buys 3.4% stake worth £100m in Tottenham
Unclear if Ashcroft sold to son or family doubled stake
Spurs reject two expressions of interest in buying club
The son of former Conservative Party deputy chairman and billionaire donor Lord Ashcroft has bought a 3.4% stake in Tottenham Hotspur in the latest change at the north London club.
A public filing posted by the London Stock Exchange yesterday shows that Andrew Ashcroft, a hotelier and businessman, purchased 8,023,942 Tottenham shares last Friday. The price is not disclosed, but based on recent valuations of Tottenham the shares are likely to have cost around £100m.
