Singaporean consumer internet company Sea has denied entering into an investment deal in Tottenham Hotspur, according to The telegraph.
Group chairman and CEO Forrest Li was Daniel Levy’s guest recently at a Tottenham Hotspur home game with the couple being considered good friends.
Li is said to have an estimated personal net worth of around £ 15 billion and already owns Singapore Premier League club Lion City Sailors.
Levy has been at the helm of North London since 2001, when ENIC bought out the majority stake in Alan Sugar and today owns 85.5% from the Premier League club.
The 59-year-old is rumored to be valuing Tottenham at £ 3.5 billion and sought a naming rights deal of £ 25million a year for the club’s state-of-the-art stadium.
Tottenham will always struggle to compete on a financial level with Manchester City and Newcastle United, with Spurs owner Joe Lewis unwilling to fund Spurs and relying instead on investments from banks, supporters and fans. sponsors.
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