Dubai investors eye Tottenham takeover

by Dylan Bowman Wednesday, 18 June 2008

A group of Dubai-based investors are interested by buying English football club Tottenham Hotspur and have already contacted its owners about the sale, the UK's Daily Mirror reported on Wednesday.

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The tabloid said the investors were the same syndicate that passed on the opportunity to invest in fellow Premiership side Manchester City, which was subsequently bought by Thailand's former prime minister Thaksin Shinawatra.
It said they were not related to state-owned Dubai International Capital (DIC), which has been trying to buy Liverpool FC.

The Daily Mirror said Tottenham was probably worth around 250 million pounds ($487.6 million) currently, but that its owners, investment group ENIC, were seeking more.

ENIC, which owns 82 percent of Tottenham, thought the club would double in value over the next few years thanks to its recent run of good form, the newspaper said.



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