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الاقتصادية
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2026-11-10T12:41:14.544Z

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Bankruptcy Hits Spurs Bid

Bankruptcy Hits Spurs Bid

A deal worth more than $1 billion to acquire a 24.99% stake in the company that owns Tottenham Hotspur is facing a legal hurdle after creditors asked a U.S. court to recognize a Hong Kong bankruptcy ruling against investor Wing Fai Ng, who is linked to the Eight Sports Capital consortium. The ruling, issued in April 2025 and under appeal, concerns disputed debts of HK$31 million, or about US$4 million; recognition could allow Ng’s assets in the United States to be pursued. The deal remains incomplete amid disagreements over fund transfers and payment deadlines, as well as a separate dispute over £2.7 million in legal fees. The takeover’s future remains contingent on resolving the legal and financial obligations and the consortium presenting viable financing arrangements.

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