By Jonathan Davies
US investment firm Cain Hoy has confirmed it is interested in making a takeover bid for Premier League football club Tottenham Hotspur.
In a statement, Cain Hoy said it was in the preliminary stages of assessing a cash offer for the London club.
Reports suggested the club may be up for sale, but Tottenham Hotspur released a statement categorically denying owner Joe Lewis was looking to sell.
On Thursday, Tottenham issued a statement saying: "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."
Earlier this week, Tottenham announced that it was unlikely that its new 56,000 seater stadium would not be ready in time for the start of the 2017/18 season. It means the club will have to play at another venue for that season.
The club's owner, Joe Lewis, is a self-made billionaire and has owned the club since purchasing the majority stake from Alan Sugar in 2001.
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