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 the group had no comment to make on the latest developments.

It is the latest setback to hit both Ng’s attempts to buy into Tottenham and Levy’s efforts to offload shares in the Premier League club.

Ng, the CEO of video-sharing platform Triller, led talks over a failed bid for a majority takeover of Spurs last year so switched attention to Levy’s large minority shareholding, which came on the market after his abrupt departure from the club 14 months ago.

That led to the agreement announced in June for Eight Sports Capital to acquire 25 per cent of Enic from Levy but it has remained uncompleted and the subject of legal disputes. 

In the meantime Levy’s stake has been diluted by the Lewis family, the majority owner of Enic, putting hundreds of millions of pounds into the business. 

Levy spent 25 years at Tottenham, a period in which the club was established as a leading Premier League team, and is yet to return to sport since.

He could have a key role in the NBA’s proposed European league, however, as part of a bid for the competition’s London-based franchise.