The son of former Conservative Party deputy chairman and billionaire donor Michael Ashcroft has taken over his father’s 3.4% stake in Tottenham in another generational change at the north London club.
A public filing posted by the London Stock Exchange on Tuesday 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.
