American businessman and musician Jay-Z is planning to buy English Premier League club, Tottenham Hotspurs for a staggering £2.2 billion, according to reports.
This comes only days after Tottenham owner Joe Lewis was charged with fraud by American authorities for allegedly organising insider trading.
The US attorney said: “Mr Lewis was allegedly to have used insider information to compensate his employees or to shower gifts of his friends and lovers”— “That’s Classic corruption. It’s cheating and it’s against the law”.
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However, Jay-Z, who has an estimated net worth of $2.5 billion, is backed by the group IG US investors, who are eagerly awaiting the verdict of the charges against Joe Lewis.
The 53-year-old rapper once expressed interest in becoming a major investor in Arsenal because to his favourite player at the time, Thierry Henry but the deal collapsed.
The forever young hitmaker who has a joint-owner of top NBA Basketball team, New Jersey Nets, speaking on the news said “I don’t know a lot about the business of soccer but in future, if the right opportunity presented itself, then who knows?”
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However, According to Jay’s close associates told Express that, the hip-hop billionaire’s wife Beyoncé, who has a personal fortune estimated at £420 million, is also in the news because of her obsessive love for “England’s beautiful game play.”
“More than a few of the very top clubs there – like Manchester United, Liverpool and Chelsea are now under US ownership and Jay would would jump at the chance of a controlling interest at board level somewhere with the global reach of Spurs”
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It remains to be seen whether Mr Lewis will walk away free. If he doesn’t, Jay has said he wants to be in a position to move quickly if he feels the price is right” Spurs’s estimated martlet value has risen slightly this year to £2.8billion — a sum well within the reach for Jay-Z whose real name is Shawn Carter.
His associate also added: “He believes this is achievable, especially with the backing of fellow investors.”
Meanwhile, Jay-Z has yet to comment on reports that he intends to buy Tottenham Hotspurs and become the club’s owner in the near future.
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