Tottenham denies sale reports
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E-mail Shanghai Daily, September 12, 2014
Tottenham Hotspur released a statement yesterday denying reports in the British media that the club are in talks over a US$1.6 billion sale.
"Contrary to recent press speculation, neither the club, nor its majority shareholder, are in any takeover discussions and the focus of the club is fully on delivering the new stadium project," the club said.
The Daily Mirror claimed that Tottenham owner Joe Lewis had decided to sell the club and had set an asking price of 1 billion pounds.
The report followed Tottenham's announcement on Wednesday that it will have to leave White Hart Lane for a season after a legal challenge caused a delay in the construction of its new stadium. As a result, Tottenham has had to revise its construction program for the stadium, which had been due to be completed in 2017.
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