American giants AEG poised to launch £450m Tottenham takeover bid

Tottenham look set to be taken over by American entertainment giants AEG who are preparing a £450 million bid.

Spurs' Bahamas-based owner Joe Lewis has reportedly been in talks with Philip Anschutz, owner of AEG, who has a personal fortune of £4.4 billion.

Should a deal be completed, current chairman Daniel Levy would remain in place.

Tottenham formed close ties with the AEG group last year as they put together a bid to buy the Olympic Stadium.

According to the Daily Express, if an agreement is reached, Spurs' transfer fund would be significantly boosted as they look to mount a sustained challenge for the Premier League title.

The club delisted from the Stock Exchange in January in a move Levy declared necessary to secure funding while a new 56,000-seat ground at Northumberland Park is also in the pipeline.

Lewis, 75, who owns about 30 per cent of Spurs through his company ENIC, has been keen to loosen his ties with the club for some time.

Anschutz currently owns LA Galaxy and played a key role in taking David Beckham to the club in 2007, as well as a majority stake in Houston Dynamo, plus several basketball and ice hockey clubs. At one point he owned the Colorado Rapids, Chicago Fire and the San Jose Earthquakes.

AEG still own the O2 Arena in London and Manchester’s MEN Arena, as well as other major sporting venues.

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SSN is now saying AEG deny making any bid, typical Daily Mail.