TOTTENHAM-FOOTBALL- CLUB-UP-FOR-SALE

The 77-year-old businessman is ready to cash in on £22m investment he made in 2001 but has received no interest with Spurs still Champions League outsiders. 

Spurs owner Joe Lewis is ready to sell the club. Mirror Sport understands the 77-year-old businessman has wanted to cash in on his investment for some time and would now now like a staggering £1billion for the north Londoners.

 There has so far been no interest as any potential buyers will need to assume the financial burden of the club’s new stadium - said to be around £400million.

 But it is felt any takers would benefit from the increased revenue generated by the 56,000-seater venue, income from naming rights and TV cash. 

Self-made billionaire Lewis controls ENIC International Ltd, which bought a controlling stake in Spurs from Alan Sugar back in 2001 for around £22million.

 Mirror

The 77-year-old businessman is ready to cash in on £22m investment he made in 2001 but has received no interest with Spurs still Champions League outsiders. Spurs owner Joe Lewis is ready to sell the club. Mirror Sport understands the 77-year-old businessman has wanted to cash in on his investment for some time and would now now like a staggering £1billion for the north Londoners. There has so far been no interest as any potential buyers will need to assume the financial burden of the club’s new stadium - said to be around £400million. But it is felt any takers would benefit from the increased revenue generated by the 56,000-seater venue, income from naming rights and TV cash. Self-made billionaire Lewis controls ENIC International Ltd, which bought a controlling stake in Spurs from Alan Sugar back in 2001 for around £22million.
Read more at: http://www.standardmedia.co.ke/sports/article/2000134570/tottenham-football-club-up-for-sale#/