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09 July 2017

US firm backed by Facebook owner Mark Zuckerberg ‘consider making £1BN Tottenham bid’

AN AMERICAN firm backed by Mark Zuckerberg is considering a £1BILLION bid for Tottenham.

Iconiq Capital has spoken to a number of buyout firms about a possible offer for last season’s Premier League runners up, according to The Sunday Times.

A US investment firm backed by Mark Zuckerberg is considering making a £1bn bid for Tottenham
A US investment firm backed by Mark Zuckerberg is considering making a £1bn bid for Tottenham
AP:Associated Press
Could Tottenham become part-owned by Facebook owner Mark Zuckerberg?
Could Tottenham become part-owned by Facebook owner Mark Zuckerberg?
Getty Images

Facebook owner Zuckerberg, 33, uses the San Francisco-based broker to handle his funds, as do a number of Silicon Valley billionaires.

Zuckerberg is worth an eye-watering £49BN after launching Facebook – the most popular social media network in the world – in 2004.

The astronomical money coming from TV deals with Sky and BT has made the Premier League more appealing to foreign buyers.

According to the report, Iconiq Capital have been weighing up a bid for Spurs since 2014.

The fund teamed up with private equity giant Blackstone in that year, and in 2015 got American former sports agent Jeff Moorad – the inspiration behind the film character Jerry Maguire – on board.

Tottenham’s billionaire owner Joe Lewis rejected an £882.6m bid, and is reportedly holding out on £2bn.

Facebook owner Mark Zuckerberg is worth an eye-watering £49BN
Facebook owner Mark Zuckerberg is worth an eye-watering £49BN
Reuters
Jeff Moorad, who Jerry Maguires character was based on, is involved in Iconiq Capital
Jeff Moorad, who Jerry Maguires character was based on, is involved in Iconiq Capital
AP:Associated Press
Jerry Maguire was partly inspired by former American sports agent Jeff Moorad
Jerry Maguire was partly inspired by former American sports agent Jeff Moorad
Getty Images
British billionaire Joe Lewis is the current owner of Tottenham
British billionaire Joe Lewis (L) is the current owner of Tottenham
News Group Newspapers Ltd


In 2010, American rapper Snoop Dogg urged Zuckerberg to help him buy a sports team.

He tweeted: “Ayo sumbody tell Zuckerberg to holler at me. He n I need go buy a pro sports team tgether.”

Snoop Dogg once asked Mark Zuckerberg to buy a sports team with him
Snoop Dogg once asked Mark Zuckerberg to buy a sports team with him
Getty Images
Tottenham star Eric Dier cleans the car windows with his bum on Mykonos road trip holiday as Dele Alli watches on
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