Andrew Ashcroft, the son of Lord Ashcroft, has recently acquired a 3.4% stake in Tottenham Hotspur, a Premier League football club. The purchase, which involves 8,023,942 shares, was revealed in a public filing posted by the London Stock Exchange. While the exact price remains undisclosed, valuations suggest the shares cost approximately £100 million.

Andrew Ashcroft is a businessman and hotelier. His father, Lord Ashcroft, is a billionaire and former deputy chairman of the Conservative Party. It is currently unclear whether Andrew Ashcroft purchased the shares from his father or if the family has simply increased its overall stake in the club.

This investment arrives amidst other changes at the North London club. Recent reports indicate that Tottenham Hotspur has rejected two expressions of interest regarding the outright purchase of the club.

Lord Ashcroft has a history of investment in football. In 2008, Michael Ashcroft, as he was referred to then, increased his stake in Tottenham Hotspur to nearly 4%. At that time, he was also the deputy chairman of the Conservative Party. Furthermore, Lord Ashcroft's investment company, BB Holdings, owned 42% of Watford, another football club.

Tottenham Hotspur is currently preparing for an upcoming match against Bodø/Glimt. Ange Postecoglou, the current manager, has drawn inspiration from the history of Nottingham Forest as Tottenham prepares for the Europa League.