Billionaire Jahm Najafi is ready to offer a whopping $3.75billion (£3.11billion) to takeover Tottenham Hotspur, according to recent reports.
As per the Financial Times, Iranian-American billionaire Najafi, who is the chair of MSP Sports Capital, is working alongside a consortium of various investors to structure the offer. He is said to be just a matter of weeks away from formally approaching Lillywhites' owner Joe Lewis and Spurs chairman Daniel Levy.
The offer would be structured so that MSP and its partners contribute 70% towards the purchase, allowing the investors, who are from the Gulf, particularly Abu Dhabi, to put forward the remaining 30%. Last week, Tottenham released their annual financial results, leading Levy to admit that previous transfer mistakes have placed a burden on the club.
