• Loading stock data...
Wednesday, January 22, 2025

MSP Sports Capital Prepares $3.75B Tottenham Bid

  • Jahm Najafi is reportedly set to present a $3.75 billion takeover bid in the coming weeks.
  • The takeover would value the Premier League club at $3 billion and add $750 million in debt to the team’s books.
Tottenham Hotspur FC players celebrate together after a goal.
THFC

MSP Sports Capital is interested in another Premier League team.

Jahm Najafi, chair of MSP Sports Capital and Phoenix Suns co-owner, 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.

The takeover would value the Premier League club at $3 billion and add $750 million in debt to the team’s books. Forbes last valued Tottenham — which reported $534 million in revenue in the fiscal year ending June 2022 — at $2.35 billion.

The Financial Times reported that Najafi is working with a consortium of investors to present a formal bid in the coming weeks. 

  • MSP would put forward 70% of the bid. 
  • Investors from the Gulf, mainly from Abu Dhabi, would take care of the other 30%.

MSP already has stakes in the X Games, McLaren Racing, and several other soccer teams including Portugal’s Estoril Praia, Spain’s AD Alcorcon, Belgium’s SK Beveren, and Germany’s FC Augsburg.

Current Ownership

ENIC Group, which is owned by British billionaire Joe Lewis, purchased a stake in Tottenham in 2000. Businessman Daniel Levy serves as the club’s chairman and has reportedly indicated he wouldn’t like to stay on if new ownership comes in.

Fans have criticized the club’s current ownership over on-the-field performance.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

More Golfers Are Trading Fairways for Simulators: What It Means

More than 47 million Americans played golf in 2024.

Ichiro Mania Set to Descend on Cooperstown for HOF Induction

Suzuki’s election introduces a heightened international flair to the induction class.

CFP Aftermath: What’s Next for Ryan Day and Marcus Freeman?

Ohio State defeated Notre Dame in the title game Monday.

Eagles Get Rare 3rd Home Playoff Game—but Won’t Make Big Profit

Philadelphia hosts the NFC championship game Sunday.

Featured Today

Jeremiah Smith

Ohio State’s Title Isn’t As Simple As $20 Million in NIL

Three lessons from the Buckeyes’ title beyond “pay the best players.”
January 22, 2025

Can Upstart Sports Leagues Beat the Grim Start-Up Odds?

Investors think they can buck the massive failure rate of new enterprises.
January 21, 2025

Amateurism Dilemma on Full Display at the College Football Playoff

The sport has never looked or operated more like a pro league.
January 19, 2025

Unrivaled’s Impeccable Timing Pressures WNBA to Give Players More

The league could “blow the lid off” the business of women’s sports.

How the Suns Added Draft Picks and Showed They’re All In on..

Butler returned Friday from a seven-game suspension.
January 20, 2025

From $372M Payroll to ‘Sell the Team’ Chants: MLB Imbalance on Display

Offseason MLB club conventions reveal new levels of fan vitriol.
January 22, 2025

Utah Hockey Club Names Like Yeti Face Trademark Issues

Naming the NHL team “the Yeti” runs into trademark issues.
Sponsored

How UBS Crafts Impactful Partnerships Across Sports, Arts, and Culture

As UBS continues to expand its impressive array of sports and entertainment partnerships, the company solidifies its position as a leader in wealth management.
January 20, 2025

Washington Validates $6B Josh Harris Bet With Rapid Turnaround

The NFL team’s new owner continues to make his mark in short order.
Diontae Johnson
January 16, 2025

Why the Ravens Claimed a Disgruntled Player They Already Cut

Baltimore leads the NFL in compensatory picks since they debuted in 1994.
January 15, 2025

Sasaki Sweepstakes Heat Up: Blue Jays, Dodgers, Padres Lead Race

The star Japanese pitcher will soon sign with an MLB club.
Jan 13, 2025; Glendale, AZ, USA; Minnesota Vikings quarterback Sam Darnold (14) is sacked by Los Angeles Rams cornerback Ahkello Witherspoon (4) during the first half in an NFC wild card game at State Farm Stadium.
January 14, 2025

Darnold Dilemma Deepens: Vikings Face Questions After Wild-Card Loss

Sam Darnold will be a free agent this offseason.