MSP Sports Capital is reportedly working behind the scenes on a potential takeover of Tottenham Hotspur.
Iranian-American billionaire Jahm Najafi, who is chair of MSP Sports Capital, is reportedly working with a consortium to prepare the structure of a £3b takeover of the north London club.
However, recent reports have claimed that Daniel Levy and Joe Lewis are undecided over whether they want to listen to offers for the whole club, sell a minority stake or remain in complete control of the Lilywhites.
Now though, some behind-the-scenes details have emerged regarding the initial reported interest from MSP Sports Capital.
According to a recent report from Football Insider, MSP Sports Capital’s interest in Tottenham is genuine and the private equity group is actively conducting due diligence ahead of a takeover campaign.
The report then adds that MSP are also exploring the possibility of acquiring a minority stake in Everton, whose owner Farhad Moshiri is, unlike Lewis and Levy at Spurs, actively courting external investment.
It has been claimed that MSP have now enlisted a consultancy firm to orchestrate background checks, not only into Spurs themselves but also with regard to matters of financial governance at Premier League and Uefa level, which shows how serious they are.
Would you like to see a full takeover of Spurs by MSP?
Yes
No
Bearing in mind how there have been previous protests from Spurs fans against the current hierarchy, this update regarding MSP Sports Capital’s active interest in a potential takeover should give those supporters hope that they will be seeing a new regime at their club.
However, with the collective also looking into getting a minority stake of Everton, Moshiri’s apparent eagerness to gain outside investment could be what turns MSP Sports Capital’s interest away from Spurs, especially if Levy and Lewis continue to dither over what they would be willing to do with their shares.
Either way, regardless of MSP’s reported interest in Spurs, it feels that unless the intentions of the current ownership are laid out and made clear to potential investors, the north London club could well be continuing as they are with the same people at the helm for the time being.