- Tottenham have denied the reports that the club would be bought by Mark Zuckerberg
- The Premier League club confirmed this in a statement made public on July 10
- Zuckerberg was said to be backing an American firm for the purchase of the club
Premier League giants Tottenham Hotspur have denied the talks that Facebook owner Mark Zuckerberg is considering buying the club.
There have been some reports monitored by NAIJ.com that an American investment firm backed by Zuckerberg were looking to purchase the north London club for £1 billion.
Spurs had been searching for investors to help pay for their new stadium having moved out from White Hart Lane at the end of last season.
But the Premier League side are no longer looking for a cash injection after a bank group financed the ground and are not in any discussions with the social media giant.
"Spurs engaged Rothschild to secure the funding for the new stadium. As expected many proposals came forward including bank debt and equity investment.
"The club announced on 31 May 2017 the completion of the bank debt financing for the new stadium with a consortium of banks involving Bank of America Merrill Lynch International Limited, Goldman Sachs Bank USA and HSBC Bank plc.
"Tottenham believe that this was the optimum solution in the interests of fans, employees and shareholders and for the continued development of the club. The Board is not in any discussions relating to a takeover offer for the club." the club said in a statement.
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