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Thursday briefing: Lord Ashcroft’s son takes on father’s minority stake in Tottenham Hotspur

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Andrew Ashcroft, the son of British-Belizean billionaire Michael Ashcroft, has taken over his father’s 3.4 per cent stake in Tottenham Hotspur, as reported by The Guardian.

On 19th September, Andrew bought 8,023,942 shares in the Premier League club. While further terms were not disclosed, the investment was reported to be worth around £100 million.

Minority shareholders account for 13.42 per cent of Spurs’ ownership, with the club majority owned by ENIC since 2001. Ashcroft’s s

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