Everton dealt takeover blow as Jahm Najafi set for £3.1bn bid to buy Tottenham Hotspur
Iranian-American billionaire Jahm Najafi is set to make a £3.1bn bid to takeover Tottenham, having recently been in talks over a minority stake in Everton.
Najafi is the co-owner of the MSP Sports Capital business that had been in talks with Farhad Moshiri about investing at Goodison Park to help fund the new stadium and ease the financial burden at the club.
However Najafi is now set to make a bid worth £3.1bn to buy Tottenham from Daniel Levy according to the Financial Times (15 February), in a huge blow to Everton’s chances of securing investment.
“Should any deal between Tottenham and Najafi come to pass then it would end any plans for the purchase of an equity stake with direct control in Everton given the rules around conflict of interest and dual team ownership of clubs in direct competition,” according to the Liverpool Echo (15 February).
“Talks between MSP Sports Capital and Everton have not been ended although they have only ever reached early stages, according to sources.”
More bad news
There just never seems to be any good news right now when it comes to what’s going on upstairs at the club, and this continues now.
It seemed as though this was the door being ajar for outside investment that could eventually blossom into a new ownership, but once again the struggles of the club are causing problems.
Spurs’ new stadium and the commercial avenues are seen as a huge benefit and why Najafi is instead looking at taking them over rather than Everton.
But fans are so desperate right now for Farhad Moshiri, Bill Kenwright and Denise Barrett-Baxendale to leave the club that any sort of sign that they could be convinced to go elsewhere is a positive.
We’ll have to wait even longer for it to happen now seemingly, and with relegation a real possibility this season it could be a real problem finding anyone looking to take over and fund the club’s issues.