Tottenham set for new takeover approach

A second group are showing an interest in launching a takeover bid for Tottenham Hotspur, the Daily Telegraph has reported.

A California-based finance company are said to be considering an approach for the London club, as well as a second United States group watching the situation. It’s thought that the £1bn valuation of Spurs by owner Joe Lewis put off potential bidders in the past and while the club are looking for ways to raise funds for a new stadium, there have been no real talks about a takeover.

The status of the club’s proposed move from or redevelopment of White Hart Lane is understood to be an issue and also part of the reason that Lewis’ asking price is so high.

The Telegraph add that current Spurs chairman Daniel Levy has given the go-ahead for Head Coach Mauricio Pochettino to return to Southampton to appoint Paul Mitchell as head of recruitment. There is also the suggestion Spurs will renew their interest in Saints midfielder Morgan Schneiderlin, having failed with an attempt to sign the France international over the summer.

Tottenham are currently 12th in the Premier League table with 14 points from their opening 11 games. Pochettino was appointed from Southampton over the summer, replacing Tim Sherwood, who had in turn stepped in when Andre Villas-Boas was sacked midway through the campaign.

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