Iranian-American Billionaire Offers to Buy Tottenham
Sports News Blog, Kodoom.com
Iranian-American billionaire Jahm Najafi is reportedly fronting a group of investors seeking to launch a £3.1 Billion ($3.75 Billion) takeover bid for Tottenham, the professional British Premier League football club.
Having been unable to speak English at the age of 12 when he immigrated with his family from Iran to America, Najafi is reported to have learned the language by watching television, including the NBA finals involving the Phoenix Suns - the NBA team where he would later become a partial owner and vice-chair.
He received a BA from University of California, before graduating with a Masters in Business Economics from Harvard University. Najafi served as a partner and chief operating officer of private investment firm Pivotal Group between 1990 and 2002, having previously spent four years working for Salomon Brothers Investment Banking.
In 2021, Najafi was reported to have a net worth of £2.9bn. Najafi, who has reportedly acquired over 30 businesses during his career, also serves as the chairman of MSP Sports Capital founded in New York in 2019. The firm has holdings in sport, media, technology, consumer, and real estate sectors across several countries, adding it it only invests its internally generated capital and targets sectors which are underserved or undergoing rapid transformation.
Najafi's wife Cheryl is an an American author, speaker and businesswoman. The couple have one son and two daughters.
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