London's "Tottenham Hotspur" stated that reports claiming that current owner Joe Lewis intends to sell the club are inaccurate. Information appeared in the press claiming that Lewis, who paid 22 million pounds for "Tottenham" nearly 13 years ago, is seeking investors willing to pay 1 billion. "Spurs" representatives denied this information. The club claims that their main priority at the moment is the new stadium White Hart Lane (where the current arena stands). "We are already at a stage where we are starting to negotiate with financial institutions and potential investors for the development project of the stadium," reads the statement. "Tottenham" plans to build a new arena by the start of the 2018-19 season, but due to ongoing work, the team will not be able to play at White Hart Lane for one year. The team may move to "Wembley", "Stadium MK", or to the eternal rivals' home - the "Emirates" stadium. "Every decision made by the club is aimed at improving it or providing better conditions for the fans," said the team's coach Mauricio Pochettino. "That's why I always support these decisions."
"Tottenham" denies rumors about the sale of the club and promises to build a new stadium
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