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Cain Hoy drops Spurs interest

Cain Hoy will not be pursuing its interest in buying Tottenham
Cain Hoy will not be pursuing its interest in buying Tottenham

American investment firm Cain Hoy is no longer considering making an offer to buy Tottenham.

The US company announced in a statement to the London Stock Exchange that it had "terminated" its interest in Spurs.

The statement read: "On September 12 2014, having previously approached Tottenham Hotspur with a proposal, Cain Hoy Enterprises, LLC ('Cain Hoy') confirmed that it was at the preliminary stages of assessing a cash offer for Tottenham Hotspur.

"Cain Hoy has subsequently terminated its assessment and accordingly is no longer considering making an offer for Tottenham Hotspur."

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