Tottenham

Iranian-American billionaire Jahm Najafi is reported to be putting together a consortium led by MSP Sports Capital to make a £3.1bn takeover bid for ...

Iranian-American billionaire Jahm Najafi is reported by the Financial Times to be putting together a consortium led by MSP Sports Capital to make a £3.1bn takeover bid for the north London club. Iranian-American billionaire Jahm Najafi is reported to be putting together a consortium led by MSP Sports Capital to make a £3.1bn takeover bid for Tottenham; however, no approach has been made and Spurs have had no contact with any proposed bidders Tottenham are not for sale and its owners are totally committed to their long-term plans for the Premier League club.

Iranian-American billionaire Jahm Najafi, chair of MSP Sports Capital, is set to launch a $3.75 billion takeover bid for Premier League soccer club ...

T ottenham Hotspur has been on the sale block for several months. The Financial Times reported Wednesday that Iranian American billionaire Jahm Najafi, ...

[Manchester United](https://www.espn.com/soccer/manchester-united-engman_utd/story/4877060/manchester-united-for-sale-how-much-is-the-club-worth-do-the-glazers-really-want-to-sell-all-you-need-to-know), [Liverpool](https://www.liverpoolworld.uk/sport/football/liverpool/liverpool-takeover-news-as-nba-owner-interested-in-having-a-premier-league-asset-4024491) and [Everton](https://www.theguardian.com/football/2023/jan/24/everton-for-sale-farhad-moshiri-asking-price-more-than-500m) are being shopped by their owners. [David Levy](https://www.theguardian.com/football/2000/dec/21/newsstory.sport6) since 2021, it plays in a [new stadium](https://www.bbc.com/news/uk-england-london-58499897) in London, Europe’s best soccer market. And in recent months, both [AC Milan](https://www.acmilan.com/en/news/articles/club/2022-08-31/redbird-capital-partners-completes-acquisition-of-ac-milan) and [Chelsea](https://www.forbes.com/sites/mikeozanian/2022/05/09/chelsea-fc-valued-at-309-billion-in-sale-to-group-led-by-todd-boehly/?sh=31a05ff076af) were sold. Their pitch is that it has the most runway to grow given the stadium and its [sale block](https://uk.finance.yahoo.com/news/tottenham-takeover-owners-told-now-142836437.html) for several months. Last May, the team’s owners kicked in [$182 million](https://www.bloomberg.com/news/articles/2022-05-24/tottenham-hotspur-fc-gets-150-million-cash-boost-from-owners?leadSource=uverify%20wall) of cash to help the team upgrade its roster. MSC Sports Capital did not respond to an email from Forbes asking about the potential sale. For the [2021-22 fiscal year](https://swissramble.substack.com/p/tottenham-hotspur-finances-202122), the team had $537 million in revenue, 23% more than the previous year, while operating income (earnings before interest, taxes, depreciation and amortization) came in at $138 million, a 20% increase from a year ago. There are a lot of big-name European soccer teams on the market. Najafi is a minority shareholder in the NBA’s Phoenix Suns. [relationship](https://www.football.london/tottenham-hotspur-fc/news/nfl-uk-teams-announced-alongside-26019466) with the NFL.” (The stadium hosts American football games.) The Financial Times [reported](https://www.ft.com/content/c3795725-eb77-4681-848d-20c37c990386) Wednesday that Iranian American billionaire Jahm Najafi, the chairman of MSP Sports Capital, is preparing a blockbuster $3.75 billion (3.12 billion pounds) bid for the team, consisting of about $3 billion in equity and $750 million of debt.

Jahm Najafi, chair of MSP Sports Capital, is reportedly set to launch a $3.75 billion takeover bid for Tottenham Hotspur.

Last month, MSP reportedly held preliminary discussions for a minority stake in Everton. [reported](https://deadline.com/2023/02/jahm-najafi-bid-premier-league-tottenham-hotspur-stx-entertainment-1235260322/) $534 million in revenue in the fiscal year ending June 2022 — at $2.35 billion. The takeover would value the Premier League club at $3 billion and add $750 million in debt to the team’s books.

Milan legend Alessandro Costacurta believes Malick Thiaw was the Rossoneri's 'biggest surprise' against Tottenham and expects 'two or three key players' to.

I like his personality when he has the ball, he doesn’t waste possession and always knows what to do. I see a different spirit now and I liked their intensity against Tottenham.” He is reliable as he has already proved in Serie A.

Tottenham's owners, ENIC Group, are not currently looking to sell the club, despite reported interest from billionaire Jahn Najafi.

With the club's current owners and potential incoming bidders locked in a stalemate, it remains to be seen whether Najafi's proposed - or even improved - offer will sway ENIC and Co. However, the [BBC](https://www.bbc.co.uk/sport/football/64648927) have since reported that Tottenham's owners are not interested in selling, and are instead committed to the club's long-term plans, which have come under scrutiny in recent months. AND WHAT'S MORE: At this stage, however, there has been no bid from Najafi, who is a minority shareholder in the NBA's Phoenix Suns.

Injuries to Rodrigo Bentancur and Yves Bissouma and Pierre-Emile Hojbjerg's suspension meant that Skipp and Sarr were handed first Champions League starts.

But for sure we come away knowing there's a lot to play for." We have to keep our heads high and look forward to the next one. "It will still be a tough game, we know that," he said. "We haven't won a trophy for a long time. That should stand us in good stead." They need to get ready for that."

Tottenham striker Harry Kane understands why Antonio Conte questioned his side's mentality after their defeat to Leicester City over the weekend.

“I’m sure they’ll both be disappointed we lost but they can be proud. But for sure we come away knowing there’s a lot to play for.” We have to keep our heads high and look forward to the next one. “It will still be a tough game, we know that,” he said. “We haven’t won a trophy for a long time. So hopefully that’s behind us and we don’t have any more performances like that.

Who are MSP and Jahm Najafi, are Tottenham even for sale, and how much would the club cost if Daniel Levy and ENIC were to sell up?

And even if ENIC do decide to sell to Najafi’s consortium, that does not necessarily mean that Levy would leave the club. There is a view that the Chelsea sale effectively reset the market for what a top club should be sold for. On top of that, Spurs’ revenues for the 2022-23 season are likely to be significantly higher thanks to the club’s return to the Champions League and the growing number of non-football events held at the stadium. And while European clubs have traditionally been sold for three to five times their revenue, Premier League owners are well aware of the fact that in the US, teams often go for eight, 10 or even 12 times their revenue. [finds himself under increasing scrutiny from elements of the Tottenham fanbase](https://theathletic.com/4071731/2023/01/11/levy-enic-spurs-protests/), with chants for him to leave the club becoming more audible at recent games. (The Beyonce concerts alone are set to rake in millions of pounds for the club.) So by this equation, the asking price for the club would likely be even higher, and further away from £3.11bn. [NFL](https://theathletic.com/nfl/) games at the stadium, the presumption had always been that a new owner would come from the US. At the end of last season, Levy arranged a £150m equity injection into the club — £50m of which has still to be drawn. What remains unclear is whether they would be buying shares from ENIC or new shares created in the club. And as The Athletic has reported in the past, the long-term strategic plan of ENIC, ever since they bought Alan Sugar’s 29.9 per cent stake in 2000, has been to have one eye on a potential sale. [Premier League](https://theathletic.com/football/premier-league/) clubs? Overall, that would put the total bid at $3.75bn (£3.11bn).