Report: American agent who inspired “Jerry Maguire” looking to invest in Tottenham
The American sports agent who was the inspiration for Tom Cruise’s character in the 1996 film “Jerry Maguire” could be looking to purchase a stake of Tottenham Hotspur.
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According to a report from Telegraph Sport in the UK, Jeffrey Moorad has been in talks with Tottenham chairman Daniel Levy over possible investment opportunities in the club.
Tottenham has been looking for investors for the club’s new stadium plans, which are expected to cost upwards of $600 million. The stadium is set to hold 61,000 supporters and has a partnership with the NFL to host two games per season, which would surely be enticing to American investors.
Moorad started his career as an agent before opening a private sports-investment firm. He formerly owned minority stakes in the Arizona Diamondbacks and San Diego Padres of Major League Baseball.
It is believed he is interested in helping fund the new stadium, as well as possibly buying a stake in the club.
With the growth of the Premier League internationally and the growth of the sport in the United States, more and more Americans have shown interest in investing with clubs. Five clubs are already owned by Americans, while Crystal Palace is reportedly close to becoming the sixth.