12 Hrs
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الاقتصادية
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Source: الاقتصادية
12 Hrsالاقتصادية
Source: الاقتصادية
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A deal worth more than $1 billion to acquire a 24.99% stake in the company that owns Tottenham Hotspur faces a legal obstacle after creditors asked a U.S. court on October 28, 2026, to recognize a Hong Kong bankruptcy ruling issued against investor Wing Fai Ng in April 2025. The ruling concerns disputed debts of HK$31 million, or about US$4 million. Recognition could allow bankruptcy trustees to pursue Ng’s assets in the United States, while the investor is appealing the ruling. The deal has not been completed amid disagreements over fund transfers and payment deadlines, as well as a separate dispute over £2.7 million in legal fees. The available information does not indicate that the bankruptcy case alone caused the deal to stall.
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