Tottenham today refused to confirm whether a US consortium wants to buy the club, but chairman Daniel Levy is unlikely to give up control just yet.
A report claimed a group, whose identity has not been revealed, were lining up a £250million bid.
But it is believed Levy is not ready to give up his tenure.
He wants to establish the club in the top four and in a stadium, whether it's White Hart Lane or a new one, that holds around 55,000 people and would make the club a much more valuable asset.
The people behind the supposed bid for Tottenham have not been named, but owner of MLS side DC United and chairman of the California-based Westlake Group Will Chang admitted last week he was keen on buying a Premiership outfit.
He said: "The English Premier League is the best-managed and most powerful of all football leagues in the world today.
It is the group's intention to purchase a stake in the very near future."
An increase in speculation over Tottenham has seen the value of the club's shares rise rapidly in recent weeks with the price going up 30 pence in the past month.