A Nasdaq-listed investment fund has failed in an attempt to buy into Tottenham Hotspur at a valuation of £3billion.
LAMF Global Ventures - a Los Angeles-based special purpose acquisition company (SPAC) that raised over $250million in its November initial public offering - is seeking to purchase an elite European football club this year.
Chaired by Jeffrey Soros - the nephew of billionaire investor George Soros - LAMF is understood to have identified Tottenham as its principal Premier League target.