In light of Jahm Najafi’s interest in purchasing Tottenham, owner Joe Lewis is OPEN to selling the club but will demand more than £4 billion.
After becoming the most recent target for a US takeover, TOTTENHAM’S owners will demand more than £4Billion.
Jahm Najafi, an American-Iranian businessman, is leading a consortium that is putting together a £3.1 billion offer.
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It appears that a formal approach will be made to Joe Lewis, the owner of Spurs, and Daniel Levy, the chairman, in the upcoming weeks.
The billionaire Lewis, who is willing to sell, valued the club at less than that amount, it is understood.
Najafi is the chairman of MSP Sports Capital, which has recently expressed interest in investing in Everton. He is a minority shareholder in the NBA team Phoenix Suns and vice-chairman of McLaren Racing.
Given their London location and cutting-edge stadium, which this year will host performances by Beyonce, major boxing matches, and NFL games, Spurs are an alluring proposition.
A team led by Harry Kane that competes in the Champions League hasn’t received a trophy since 2008.
Following the Covid pandemic, fans returned, increasing revenue for Tottenham by £83 million to £444 million for the fiscal year ending June 2022.
The Najafi-led offer is anticipated to value Spurs at about £2.5 billion, plus the club’s debts of about £610 million.
MSP and its partners would contribute 70% of the bid, and backers from the Middle East, including Abu Dhabi, would contribute the final 30%.
Lewis’ investment company ENIC owns Tottenham.
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