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Jahm Najafi's planned £3bn Tottenham offer will FALL SHORT of the club’s valuation and a deal at that price is labelled ‘impossible’ with owner Joe Lewis - who is open to selling - wanting closer to £4.5bn

American businessman Jahm Najafi’s anticipated offer of £3.1billion for Tottenham will fall short of the club’s valuation.

Sportsmail understands that Spurs' billionaire owner Joe Lewis values the Premier League club between £4bn-£4.5bn - with a proposed sale at £3.1bn described as 'impossible' by sources.

It is a well-known secret that Tottenham owner Lewis has been open to selling the club.

Chairman Daniel Levy is understood to have welcomed a number of potential buyers to the Tottenham Hotspur Stadium on a number of occasions in recent months.

But news of Iranian-American businessman Najafi’s interest in Tottenham, as revealed by the Financial Times, has thrown the club’s future back into the spotlight.