Facebook Founder and CEO Mark Zuckerberg is considering to acquire Barclays Premier League club, Tottenham.
The billionaire is said to have set aside $1billion for the purchase of the last season’s premier league runners up. The 33-year-old has given Iconiq Capital, who handle Silicon Valley billionaires’ funds, a go ahead to begin talks with the management of Tottenham FC.
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.