Tottenham has chosen not to respond to rumors that billionaire Jahm Najafi plans to start a £3.1 billion acquisition of the team.
The head of the sports investment firm MSP Sports Capital is Iranian-American Najafi.
According to The Financial Times, he is putting together a proposal for Spurs with the help of a group of investors.
Najafi will not approach Tottenham owner Joe Lewis or Spurs chairman Daniel Levy for some weeks, it was said.
A minority owner of the NBA team Phoenix Suns is Najafi.
Tottenham is currently ranked fifth in the Premier League despite losing the first leg of their last-16 Champions League match 1-0 in AC Milan on Tuesday.
The 63,000-seat, cutting-edge Tottenham Hotspur stadium, which cost £1 billion to construct and held its inaugural Premier League match in April 2019, is where they play.
most recent Tottenham news, opinion, and analysis
Receive Spurs news alerts.
the newest podcast from The Far Post