Sunday, September 08, 2024
Today's News
Sunday, September 08, 2024
Today's News

Qatar holds Spurs talks as it pushes to add Premier League club to portfolio

Qatar holds Spurs talks as it pushes to add Premier League club to portfolio
  • Qatar Sports Investments preparing procurement approach
  • Collection of minority risks desired by proprietors of PSG

The head of Qatar’s sporting financial investment group has held talks with Tottenham amidst strategies to substantially boost the gulf state’s sporting profile after the World Cup.

Resources close to Nasser al-Khelaifi, the chairman of Qatar Sports Investments (QSI) as well as head of state of Paris Saint-Germain, have confirmed that he met Daniel Levy, the chairman of Tottenham, in London recently. Nevertheless, records additionally connecting QSI with a prospective move for Liverpool or Manchester United have actually been described as wide of the mark at this stage.

European club football policies restricted groups with the same proprietor from taking part in the same competition for stability reasons. However, minority stakes are permitted and a collection of them are taken into consideration to be on the cards for QSI, the major Qatari state investment lorry in sporting activities.

As things stand QSI possesses PSG, 22% of Braga, which exists 2nd in the Portuguese organization, and also has a considerable investment in padel tennis, a sporting activity Khelaifi plays to a high requirement.

It is planning on an ambitious purchase approach in 2023, with a Premier League club as its initial concern. It is likewise comprehended that QSI believes that now is a great time to spend in the biggest domestic league in world football given the weak pound as well as the results of the regarded success of the Globe Cup.

Although Spurs are QSI’s initial priority, it is thought that a minimum of two various other consortiums are additionally interested in obtaining a stake in the club, which has financial debts of thousands of millions of extra pounds after the building and construction of their brand-new arena.

Last Updated:  10 January 2023

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