Tottenham silent on possible takeover bid for club

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The Tottenham Hotspur stadium hosted its first Premier League game in April 2019
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Tottenham have declined to comment about reports that billionaire Jahm Najafi is set to launch a £3.1bn takeover of the club.

Iranian-American Najafi is chair of sports investment company MSP Sports Capital.

The Financial Times reports he is working with a consortium of investors to put together a bid for Spurs.

It added Najafi was weeks away from approaching Tottenham owner Joe Lewis and Spurs chairman Daniel Levy.

Lewis is a British billionaire, who bought Spurs for £22m from Alan Sugar in 2001.

Najafi is a minority shareholder in NBA team Phoenix Suns.

Tottenham, who lost the first leg of their last-16 Champions League tie 1-0 in AC Milan on Tuesday, are fifth in the Premier League.

They play at the state of the art 63,000-seat Tottenham Hotspur stadium, which cost £1bn to build and hosted its first Premier League game in April 2019.