Asian Billionaire Sounds Out Spurs

Premiership club Tottenham Hotspur may be rescued by an Asian billionaire. The news about the ‘super rich’ investor comes from Singapore. Super-agent Pini Zahavi and the wealthy Asian have been discussing a possible deal. Zahavi brokered the deal in which Roman Abramovich bought Chelsea in 2003. The discussions are at a prelimary stage, but the billonaire investor views Spurs as a perfect buy because of the profile of the club and the fact that they are in London. This last point is regarded as crucial. Joe Lewis’ Enic Investment Group has been the majority owner of Spurs since 2001.

Premiership club Tottenham Hotspur may be rescued by an Asian billionaire. The news about the ‘super rich’ investor comes from Singapore. Super-agent Pini Zahavi and the wealthy Asian have been discussing a possible deal. Zahavi brokered the deal in which Roman Abramovich bought Chelsea in 2003. The discussions are at a prelimary stage, but the billonaire investor views Spurs as a perfect buy because of the profile of the club and the fact that they are in London. This last point is regarded as crucial. Joe Lewis’ Enic Investment Group has been the majority owner of Spurs since 2001. A sale has been talked about with an asking price in the £300m-£400m range. Lewis, who owns more than 80 per cent of the shares, lost £400m after the collapse of American investment bank Bear Stearns.



Joe Lewis – down to his last billion but still smiling