Tottenham Hotspur deny takeover bid from Zuckerberg firm

London football club Tottenham Hotspur has rejected claims it is the subject of a takeover bid from the Mark Zuckerberg-backed Iconiq Capital.

Reports circulated on Sunday that the American investment company, which controls funds for several Silicon Valley tech firms such as Facebook, was considering an offer for the Premier League club.

However, Spurs have denied the reports and dispelled any speculation regarding any sale. The club are currently in the process of constructing a new stadium to move into, following the demolition of White Hart Lane at the end of last season.

Tottenham released a statement via the club’s official website denying the reports.

The statement read: "The Board is not in any discussions relating to a takeover offer for the club."

"The club 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.”