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Daily Express - Kelmsley plots takeover bid

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talkshowhost86

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SPURS VICE-CHAIRMAN PLOTS TAKEOVER


TOTTENHAM vice-chairman Paul Kemsley is one of several bidders plotting a £250million takeover of the White Hart Lane club.

Property magnate Kemsley, Daniel Levy’s right-hand man and the director charged with the
redevelopment of White Hart Lane or the finding of a new ground for the club, has now emerged as a leading candidate to succeed the Spurs chairman.

Kemsley, who owns investment company Rock Properties and is also involved in the online gambling industry, is a wealthy man in his own right, but the Daily Express understands he has assembled a group of backers to help him fund a takeover.

Levy wants to loosen his ties with Tottenham, and is looking for a big investor to take the club to the next level – breaking into the big four in England and securing regular Champions League football.

Levy wants a solution for the ground problems – White Hart Lane is too small for Spurs to compete with Arsenal, Liverpool and Manchester United and has poor transport links – plus a new high-profile coach before any sale takes place.

Levy believes those two factors would make the club more attractive to a buyer, of which there are several, but Kemsley is understood to be at the head of the queue.

Levy and his company ENIC agreed in the summer to buy former chairman Sir Alan Sugar’s 12 per cent stake in Spurs for £25m, which took ENIC’s share in the club to 66 per cent.

But ENIC and Levy have since been looking for buyers, and he may find one on his own board.
Bahamas-based currency speculator billionaire Joe Lewis, the man behind ENIC, is also thought to be keen on pursuing other interests.


http://www.express.co.uk/posts/view/21572/Spurs-vice-chairman-plots-takeover
 

talkshowhost86

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Obviously the Daily Express couldn't quite fill their pages with talk about immigrants today so this story had to go in.

I think if this happened I'd be very worried about what would happen at the club based on Kelmsley's past bunglings. He certainly wouldn't be a step up from Levy and co.

But I thought he was reliant on Ashley's money to make a bid and now that money has gon oop norf I'm hoping this won't happen.
 

talkshowhost86

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and next up is that he will install "twitchy Redknapp" as manager - Muppet

That would be a major concern as the two are in eachothers pockets by all accounts.

But perhaps Kelmsley would bring to the table all the experience and success that he's had whilst in charge of sorting out our new stadium.

No wait...
 

fozzi44

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Feb 5, 2006
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no quotes in article, what a load of crap. The press in this country are feckin wild.
 

llamafarmer

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May 4, 2004
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I'd imagine if Spurs does come up for sale there'd be some serious foreign money involved that'd swamp whatever that scumbag and his dodgy mates can cobble together.
 

ChubbSpur

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Sep 21, 2005
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I dont really know anything about Kemsley but several opinions on here i respect think he's a no good tosser and for that reason i want him kept away from the top seat.
 

rez9000

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Feb 8, 2007
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The Express? Don't they know Princess Di is dead?

Be fair, RMY, it's only been ten years. They need to get through all the miner's strike editorialising first. Then they've got the fall of the Berlin Wall to do, and then there's the snowball's chance in Hell of New Labor toppling John Major's party......

I don't reckon they'll get round to breaking news like Princess Di for at least another decade or so.
 

Stoof

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Jun 5, 2004
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If Kemsley becomes chairman I might shoot him.

Hell, I might shoot him anyway.
 

The Apprentice

Charles Big Potatoes
Mar 10, 2005
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I like the guy. He's from the Old Skool. A hard assed businessman who will not suffer fools.

Get him in charge.
 

talkshowhost86

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The Alan Sugar that saved the club from going bankrupt?

Yeah and well done to him for that. Would you not argue however that Levy has taken us forwards from there? Sugar saved the club and we should always be grateful for that but the situation is very different now.

There's about as much room in the modern game for 'hard-nosed businessmen' as there is for 'an old fashioned inside left'.
 
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