Tottenham takeover bidder is billionaire with net worth double Daniel Levy

Billionaire Jahm Najafi is reportedly preparing a £3billion takeover bid of Tottenham through a consortium – and has more than double the funds of Daniel Levy.

The Iranian-American businessman, who is a partial owner of NBA outfit Phoenix Suns as well as vice-chairman of F1's McLaren Racing, has earned billions since leaving Harvard.

With the Financial Times reporting that Najafi is eyeing up formal talks with both minority owner Levy and majority owner Joe Lewis, we've taken a look at his net worth.

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Paddock Magazine report that Najafi has a net worth in the region of £2.9billion, which is more than double that of Levy's £1.08bn according to WealthMack.

With ENIC International Limited holding 85.55% of Spurs, Levy and his family own 29.4% of ENIC with Lewis owning 70.6%, while having a net worth of £4.33bn.

Najafi, who is the chair of MSP Sports Capital, is said to be working with investors in order to fund the bid, with Forbes estimating that the club is worth £1.9bn as of May 2022.

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Najafi, who was born in 1963, runs private equity firm Najafi Companies alongside his sporting interests, recently keeping his Suns stake when Robert Sarver sold the team.

With fans calling for a change of ownership following the collapse of the European Super League, Qatar Sports Investments were said to be interested in buying a stake earlier this year.

A Telegraph report said that £1bn would be for a stake of 25%, with sources close to Levy insisting he met with PSG chief Nasser Al Khelaifi simply as friends rather than for business.

A matter of hours after the news broke of Najafi's interest, Tottenham opted not to comment on the reports of the takeover bid to BBC Sport.

With Newcastle having the most resources of any Premier League side thanks to Saudi Arabia's Public Investment Fund at £512bn, Manchester City come in second with £18bn.

With Todd Boehly and his Chelsea group in third with just over £13bn, Stan Kroenke's fortune of £10.7bn makes up the top five.

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