Iranian-American billionaire Jahm Najafi is reportedly preparing a group of investors to launch a $3.75bn (£3.1bn) takeover bid for Tottenham, according to two people with direct knowledge of the plans.
The Financial Times report that Najafi - who is chair of MSP Sports Capital - is working with a consortium to prepare the structure of the huge bid and the group is expected to approach Spurs owner Joe Lewis and chairman Daniel Levy in the coming weeks.
The bid is set to be factored so that Najafi and MSP would put forward 70 per cent of the bid, while others would contribute the remaining 30 per cent - with these backers likely to come from the Gulf, and particularly Abu Dhabi.