JAKARTA - Jay-Z is interested in buying English Premier League football club Tottenham Hotspur FC.
According to Football365, British billionaire Joe Lewis received bail from a judge in New York after pleading not guilty on charges of giving insider trading tips.
The 86-year-old also faces 16 counts of security fraud and three conspiracy charges.
If found guilty on one of these charges, Lewis could be subject to a prison sentence and a large fine, meaning he had to hand over ownership of the North London club.
A Jay-Z colleague told The Daily Express that if that happened, the rapper could try to buy the football team that Harry Kane captained.
"More than some of the top clubs there - such as Manchester United, Liverpool and Chelsea - are now under US ownership and Jay will take the opportunity to control interests at the board level somewhere with Spurs global reach," they said.
Still have to see if Mr. Lewis will leave freely. Otherwise, Jay says he wants to be in a position to move quickly if he feels the price is right.
Tottenham Hotspur FC's market value estimates have risen to USD 2.8 billion this year. His co-worker added that it reportedly "[Jay-Z] believes this (price) can be achieved, especially with the support of fellow investors."
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The case filed against Lewis' claim that he allegedly used his access to classified information to tip individuals close to him, including a girlfriend who made $849 thousand on one of his tips.
As reported by Reuters, last week Lewis pleaded not guilty to controlling what prosecutors called an "unsecrative" insider trading scheme by giving tips about the company where he invested in friends, personal pilots, and ex-girlfriends.
Meanwhile, 53-year-old rapper Jay Z has tried to buy a London football club before. In 2010, he wanted to be a big investor at Arsenal after revealing that he had become a big fan of the team and Thierry Henry. However, it didn't work.
"I don't know much about the football business but in the future, if there is the right opportunity, then who knows?" Jay-Z said at the time.
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