
Salaries on job ads: Why not every good idea should be a law
By Katherine Langford
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Eight Sports Capital’s deal to buy former Tottenham Hotspur chairman Daniel Levy’s stake in the club is in fresh doubt amid a bankruptcy row involving one of its backers. The group, fronted by American Brooklyn Earick and backed by Hong Kong financier Wing Fai Ng and Taiwanese billionaire Joseph Tsai, announced an agreement in June to acquire most of Levy’s shares in Spurs’ parent company Enic. That deal has stalled and it has now emerged that Ng was declared bankrupt in Hong Kong last year with alleged debts of almost £3m. Creditors last month applied to the courts to have the bankruptcy order recognised in the US, Bloomberg reported. Ng appealed the order in Hong Kong and has since settled some of the debt, the US filings say. His spokesperson told Bloomberg he “rejects the premise” of questions about the bankruptcy order. A spokesperson for Eight Sports Capital told City AM the group had no comment to make on the latest developments. It is the latest setback to hit