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Sunday, 22 November 2009 10:06 UAE time

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Spurs chief set for more Gulf investment talks

by This email address is being protected from spam bots, you need Javascript enabled to view it  on Sunday, 24 May 2009
NEW STADIUM: An artist's impression of the club's new stadium plans.

Senior officials from Tottenham Hotspur will return to the Gulf within days for follow-up meetings with potential investors, the executive director of the English Premier League football club said.

The club held talks with a dozen companies in the region last month in a bid to sell the naming rights for its new 58,000-seater stadium and look for possible sponsors of its team shirt.

Representatives plan to hold further discussions with companies from two or three GCC states at the end of May, according to Paul Barber, executive director of Tottenham.


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“We had some excellent feedback from various people we met last month and the result of that is that we have some follow up meetings at the end of this month,” he told Arabian Business.

“These things take time and we expect to build relationships over a period of time but so far the process has gone well.”

For confidentiality reasons, Barber said he could not reveal the names of the interested firms but he added that discussions were being held at a “number of different levels.”

Tottenham last month met with three or four companies in Dubai, in addition to firms in Abu Dhabi, Bahrain and Qatar, as looks to cash in on the tremendous popularity of the Premier League in the region.

Development plans for the stadium in London include building 450 new homes, offices, a 150-bedroom hotel and one of the largest supermarkets in the UK.

The club’s shirt sponsorship agreement with internet casino operator Mansion, worth around $12.3m annually, expires next year.

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READERS' COMMENTS

Disclaimer: The views expressed here by our readers are not necessarily shared by ArabianBusiness.com or its employees.
Response to Andre
Posted by James, Manama, Bahrain on Saturday 30 May 2009 at 11:48 UAE time


Andre's comments are small minded and ignorant. Jewish people do business all over the Middle East and Arabs are welcome do business in the States and Europe. A person's religious beliefs are irrelevant
Response To Andre
Posted by rob, London on Thursday 28 May 2009 at 18:16 UAE time


I am Jewish and do buisness with people of the Muslim faith on a daily basis...As long as there is a continuation of logic and thought such as yours, you can guarantee bloodshed in the region, i pitty your limited views...
Response to Andre
Posted by Hunter on Thursday 28 May 2009 at 15:01 UAE time


It's called Business. Believe it or not some people can look further than their faith when they look to do business. There is absolutely no reason why they shouldn't do business. What Arabs take issue with are Israeli's, as they feel that Arabs were forced out of the country to make way for them, not necessarily Jews. It tends only to be the un-intelligent few who do not understand or comprehend their own religious teachings that harbour serious anti-semitic feelings.
Gulf Companies Invest in Spurs
Posted by andre on Tuesday 26 May 2009 at 10:20 UAE time


How can a company that is entirely owned and run by people of teh Jewish faith come to the Middle East and ask for money. The company that does will loose all its respect and creditability if it does.

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