AEG are in takeover talks with Tottenham. The Daily Express says the entertainment giants are moving closer to a £450 million takeover Tottenham.

AEG owner Philip Anschutz, the 34th richest man in the USA with a personal wealth of more than £4.4 billion, has been in talks with Spurs' Bahamas-based owner Joe Lewis for weeks.

The pair are close to concluding a deal and Anschutz wants to keep current chairman Daniel Levy in place at White Hart Lane as his man on the ground at the north London club.

The agreement would inject new funds into Tottenham's coffers and make it harder still for bitter rivals Arsenal to compete for the Champions League places, with Chelsea and the Manchester clubs blocking their path.