Andrew Ashcroft takes over father’s 3.4% stake worth £100m in Tottenham

Andrew, the son of billionaire businessman Michael Ashcroft has taken over his father’s 3.4% stake in Tottenham, a British Football Club, 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 Friday, Sep 19th 2025. The price is not disclosed, but based on recent valuations of Tottenham the shares are likely to have cost around £100m, according to @TheGuardian.

Lord Ashcroft is a longstanding Tottenham shareholder who at one stage owned around 4% of the club. The change has been made public under 8.3 of the Takeover Code as Tottenham are currently in an official offer period, with all shareholders of more than one per cent required to disclose their holding. Small shareholders own 13.42% of Spurs, with Ashcroft’s stake is thought to be the largest.

The Ashcroft family operates in a number of strategically important industries throughout Belize and is a majority stakeholder in Belize bank, the largest bank by market capitalization in Belize.

Andrew is also the owner and developer of the Alaia hotel in San Pedro, a 20-acre master-planned hotel and condominium property in Belize.