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Lord Ashcroft’s son Andrew buys 3.4% stake worth £100m in Tottenham

Unclear if Ashcroft sold to son or family doubled stakeSpurs reject two expressions of interest in buying clubThe son of former Conservative Party deputy chairman and billionaire donor Michael Ashcroft has bought a 3.4% stake in Tottenham in the latest change at the north London club.A public filing posted by the London Stock Exchange yesterday shows that Andrew Ashcroft, a hotelier and businessman, purchased 8,023,942 Tottenham shares last Friday. The price is not disclosed, but based on recent valuations of Tottenham the shares are likely to have cost around £100m. Continue reading...

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