Firm makes offer for Spurs shares

Sports and media group ENIC International has made an offer to take 100% control of Tottenham Hotspur Football Club.

ENIC already holds 66% of Tottenham shares having last month snapped up Sir Alan Sugar's stake for £25m ($49.8m).

City rules required ENIC to make the new offer - though analysts say it is highly unlikely it will end up owning all of the club.

Spurs' chairman Daniel Levy is the managing director of ENIC.

While ENIC is prepared to pay cash for any shares which it does not own, the group has said that it has no intention of taking the club off the AIM stock market.