(Reuters) – Iranian-American billionaire Jahm Najafi, chair of MSP Sports Capital, is set to launch a $3.75 billion takeover bid for English soccer club Tottenham Hotspur, the Financial Times reported on Wednesday, citing two people with direct knowledge of the plans.
MSP Sports Capital is working with a consortium of investors to structure the bid, the report said, adding that it is weeks away from formally approaching Spurs owner Joe Lewis and the football club’s chair Daniel Levy.
(Reporting by Juby Babu in Bengaluru; Editing by Alison Williams)