Spurs takeover called off as US investors baulk at valuation

Cain Hoy announces that it has 'terminated' its interest in Tottenham Hotspur and will not make an offer

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(Image credit: Getty Images)

Spurs progressed to the fourth round of the League Cup after coming from behind to beat Championship leaders Nottingham Forest last night, but off the field intrigue continues at White Hart Lane after US private investment company Cain Hoy announced that it had abandoned plans for a takeover of the Premier League club.

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