Inhouse information report is saying that Iranian-American billionaire business Jahm Najafi is reportedly preparing a group of investors to launch a $3.75bn (£3.1bn) takeover bid for Tottenham, according to two people with direct knowledge of the plans.
Although the Financial Times report that Najafi – who is chair of MSP Sports Capital – is working with a consortium to prepare the structure of the huge bid and the group is expected to approach Spurs owner Joe Lewis and chairman Daniel Levy in the coming weeks.
The bid is set to be factored so that Najafi and MSP would put forward 70 per cent of the bid, while others would contribute the remaining 30 per cent – with these backers likely to come from the Gulf, and particularly Abu Dhabi.
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Report also have it that the news is likely to be welcomed by Spurs fans as it would see the end of the unpopular ownership of ENIC.
Information have it that ENIC is connected to Lewis and Levy and they purchashed a 26 per cent from Lord Alan Sugar for £21.9m back in 2000.
Their time in charge of the club has been praised for the development of a new stadium, efficient financial management and Spurs regularly qualifying for the Champions League and finishing in the top echelons of the Premier League.
However, with the club’s last title being a League Cup in 2008, Spurs fans have become increasingly frustrated at what they perceive is a lack of ambition from the ownership and there have been increasing protests against the club’s hierarchy in recent times.
The Najafi-led group’s desire to purchase the club has reportedly been enhanced by the potential real estate and development rights that would be possible through ownership.
A key part of the club’s development over recent years has been the diversification of income for the club, with the stadium hosting concerns, NFL games and even heavyweight boxing fights, among others.
He would be the latest US billionaire to join the ranks of Premier League owners after both Chelsea and Bournemouth were taken over by American owners last year.
