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Qatar eyes Spurs deal as PSG owners look at Tottenham stake in 2023

Qatar Sports Investment chief met with Tottenham Hotspur chairman Daniel Levy: Reports

Qatar Spurs
Qatar Sports Investment chief met with Tottenham Hotspur chairman Daniel Levy: Reports

Qatar Sports Investments are looking to take a stake in an English Premier League club and have held talks with Tottenham Hotspur’s chairman Daniel Levy, according to media reports.

Nasser Al-Khalefi, president of Qatar-owned PSG, held private talks with the Spurs boss in London last week, reports CBS.

Qatar’s QSI currently own French champions PSG as well as a stake of around 22% in Portuguese club Braga.

Qatar Spurs link

The CBS report says they are looking to add to the portfolio and secure an investment in a Premier League club as well as a team in South America this year.

Despite CBS claiming the talks are only at the very early stages Tottenham have denied any discussions have occurred over the sale of a stake in the club.

Meanwhile PSG’s Qatari owners have drawn interest in minority investment in the club. Three separate buyers are looking at taking a stake, with one offer valuing the club at about $4.1bn.

The investors are interested in acquiring between 7.5% and 15% of the French football club, according to a person with knowledge of the talks.

Two of the potential buyers are US-based and the other is European, the person added, asking not to be named because the discussions are private

Tottenham fans are becoming increasingly disgruntled at the lack of on-field investment in the club and rival fans are quick to point out a relatively bare trophy cabinet.

A solitary League Cup in 2008 is the only significant prize this century and the London-based club has not won a top tier league title for more than 60 years.

Despite this a move to the near 63,000-seater Tottenham Hotspur Stadium and presence of their talismanic captain, Harry Kane, could make the perennial mid-table club an attractive proposition for investment and future growth.

Saudi Arabia Liverpool Man Utd
Saudi Sports Minister said Kingdom would support private sector bids for Man Utd and Liverpool

Middle East investment is not uncommon in football and the Premier League.

In 2008 investors from Abu Dhabi bought Manchester City and have quickly transformed the club into a powerhouse of English football.

In 2021 Saudi Arabia’s PIF snapped up struggling Newcastle United and are going about reviving their fortunes with investment on and off the pitch.

The crown jewels of football, most successful English team of all time Liverpool and Manchester United, are also said to be attracting investment from the Middle East after declaring themselves up for sale.

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