The actual quote from the Emirates News agency, WAM, is that the Sheikh "has acquired 60 per cent of a leading English club.
Re: Fazza and others posting in a similar manner in this thread - please do yourself a favour and cut out the delusions. I'm genuinely not trying to be rude, but if someone had bought 60% of Tottenham Hotspur then as a PLC we would already know with absolute certainty that it was us by now (i.e. Monday morning) due to Stock Exchange announcement rules.
It's definitely not us. One million percent certainty.
Only if the transaction is finalised. The press report says they have bought it but in reality these kind of things take a while and I doubt anyone is in a position to make a snap decision and complete all the paperwork on a deal the size of buying any football club. Do we really think an investor would just say on Sunday night from nowhere, 'I'll buy your club', shake hands, hand over the money and then announce it to the stock exchange the next day?
I expect it will be days before any deal is concluded for any club and that the report was jumping the gun a little bit.
True or not it looks like the rumour has caused our share price to be up nearly 8% today.
Do you know if any of the other prem teams shares have risen that much today?
Anyone got any good stock market knowledge, 8% seems alot to me but I don't know much about shares.
Would be interested in anyones opinion on that development.
Only a handful of English clubs remain floated: Sheffield United and Spurs on AIM and Arsenal and Rangers on Plus Markets, the more loosely regulated third division of the UK stock markets.