Simon Jordan insists any interested parties will need up their offer if ENIC are to part ways with Tottenham Hotspur.
A consortium led by Iranian-American billionaire Jahm Najafi – chair of MSP Sports Capital – is preparing a £3.1 billion bid that they believe to be sufficient enough to purchase the north London club.
Spurs’ state-of-the-art new stadium is viewed as a big factor is Tottenham’s sizable valuation of the club
Daniel Levy insists Tottenham is not for sale
But the fee is £1bn short of ENIC’s figure who view Tottenham’s state-of-the-art stadium as a huge factor in the price.
However, the club insist they are not for sale despite Jordan’s opinion that a mammoth bid could prove difficult for Spurs to turn down.
“This [bid] wouldn’t get them in the side door,” Jordan told talkSPORT
“I believe everybody has their price. I think there’s an underlying scenario with [Tottenham chairman] Daniel [Levy] that there’s more to do, lots more to do and this is the beginning of something, not the end of it.”
Jordan continued: “If somebody wants to come in and break their shoulders off with a ridiculous offer – I think £3bn is pretty propelling.
“I assume that £3bn minus any debt was going to be the position. I didn’t think they’d go for £3bn and have to pay off a debt they’ve got on the stadium so they’d walk out with £2bn. There is no traction in this.”
Simon Jordan doesn’t expect ENIC to sell Tottenham for the reported £3bn figure
Despite their inclusion into the so-called Premier League ‘big six’ and securing European qualification in each of the last 13 seasons, Spurs have been unable to win a trophy in that time.
Any funds brought about by a sale would be invested in the squad to help end their 15-year trophy drought.
MSP were previously linked with a takeover at Everton but a move for Spurs would put an end to their interest in the Toffees.
ENIC completed the purchase of Tottenham in 2000 and since taking the reins, the club have invested heavily in the squad while spending over £1bn building their new stadium.