Sugar sells Spurs stake for £25m

Entrepreneur Alan Sugar has sold his stake in Premier League soccer club Tottenham Hotspur for £25 million sterling to sports…

Entrepreneur Alan Sugar has sold his stake in Premier League soccer club Tottenham Hotspur for £25 million sterling to sports and media group ENIC International.

ENIC said in a statement that as a result of buying the stake from Sugar's Amshold, its shareholding in Spurs now stood at 66 per cent, up from 54 per cent previously.

ENIC added it intended to keep Tottenham Hotspur's listing on the junior Alternative Investment Market (AIM) in London.