The main front runner in the race to buy the Wembley Arena and
Conference Centre is believed to be Philip Anschultz, owner of the
ice-hockey team the London Knights.
Anschultz is expected to team up with US entertainment group Sfx and
press reports state he has lodged his interest with Deutsche Bank, which
is handling the auction for Wembley.
Any bids for the complex will include the surrounding 50 acres. Deutsche
Bank told the Sunday Times it had received eight preliminary offers for
the site, which is worth up to £70m.
However, Wembley could not confirm the identity of any of the
bidders.
"The process is subject to strict confidentiality clauses," said a
Wembley spokesman. "There have been about 50 different companies
expressing an interest from property developers to leisure
companies."
Deadlines for the bidding process have not been confirmed. The spokesman
added that the timing for the process is "uncertain".