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Football London
Football London
Sport
James Quinlan

What is MSP Sports Capital? Jahm Najafi net worth as Tottenham takeover considered

The future of Tottenham Hotspur has taken another twist, as the Financial Times recently reported that current owners Joe Lewis and Daniel Levy are to expect a takeover bid in the coming weeks.

Talk of an ownership change comes at a pivotal moment in the Premier League era. Current superpower Manchester City have been hit with financial charges, Chelsea have new owners who bought out the club for £4.25billion - though have had no issue splashing a further £600million plus on new players since - and Newcastle have acquired the top flight's richest owners in a sovereign wealth fund from Saudi Arabia.

Arsenal have launched a title bid amid all the chaos off the field, and to top it all off the country's most successful clubs in terms of trophies - Liverpool and Manchester United - are also said to be on the verge of takeovers themselves. Therefore the pressure is very much on Tottenham to sink or swim in this rapidly changing Premier League environment - whether that is with new owners or not.

READ MORE: Jahm Najafi net worth compared to Chelsea and Arsenal owners amid Tottenham takeover talk

The group credited with interest in taking Tottenham into the unknown - MSP Sports Capital - were formed in New York in 2019 as an investment fund with interest in sports teams, media rights, distribution technologies, content creation, sponsorship, eSports, betting, and data. While their name may be unfamiliar to many, the franchises they are currently involved in are known.

MSP have ties to four other football clubs: FC Augsburg, AD Alorcon, GD Estoril and SK Beveren. Outside of football, they are investors in the McLaren F1 team.

MSP Sports Capital describes itself on its website as 'Forging the Future of Sports Investing'. "We invest in sports teams, leagues, and businesses in the sports ecosystem that are pursuing ambitious, challenging tasks," it says.

"We focus on opportunities where our deep expertise and elite network of principals add value. "Our principals have over 65 years’ experience building companies, forging partnerships, and evolving the operations within global sports industry. The strength of our network and experience is unmatched, with our partners generating over $2billion of value over 20+ years.

"At MSP Sports Capital, we use our past success and a hands-on approach to uncover the most unique and valuable opportunities." The firm's chairman, partner Jahm Najafi, is described as 'a seasoned investor who plays a critical role in developing founders and management'.

Indeed, he is a vice chairman for the Phoenix Suns and holds the same role with McLaren while sitting on the board of the National Basketball Association as a Governor. Najafi himself is said to be worth around £2.9billion.

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