Alasdair Gold explains what he has heard about Jahm Najafi’s Spurs takeover bid
Alasdair Gold has explained that the consortium led by Jahm Najafi do hold a genuine interest in buying Tottenham Hotspur but the journalist explained that they are ‘weeks away’ from making a formal offer.
It first emerged a few days ago that Najafi, who is chair of MSP Sports Capital, is working with a consortium to prepare the structure of a £3.1 billion offer to buy Tottenham (The Financial Times).
It was explained that the £3.1bn bid would consist of the club’s equity being valued at approximately £2.5bn, before adding about £610m to the club’s current debts.
It has since been reported that while Joe Lewis is open to selling Spurs, a bid of the aforementioned size would be turned down as Tottenham’s current owners value the club at £4bn-£4.5bn (Daily Mail).
Gold has now explained that no offer from MSP Sports Capital has been submitted yet and revealed that Tottenham’s owners continue to deny that they intend to sell the club.
The journalist said on his YouTube channel: “From what I understand the interest does seem to be genuine. Neither side has commented publicly, but people I speak to inside Spurs deny that any approach has been made.
“That fits into the report saying that we’re weeks away from an approach. If you ask people inside Spurs they say there’s no intention to sell and they have long-term plans and ambitions.”
Spurs Web Opinion
It is quite clear that Tottenham are for sale as it is no secret that Levy has been inviting many potential investors to the club over recent months.
However, a sale of this magnitude is unlikely to go through quickly. Lewis and Levy would not have any issues waiting for a couple of years to get the best possible deal.
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