Qatar is weighing up a £1billion offer to invest in Tottenham after PSG president Nasser Al-Khelaifi held talks with Daniel Levy in a London hotel, according to reports.
Al-Khelaifi, who is also the chairman of Qatar Sports Investments, met with Levy last week amid the group’s desire to shift their ownership approach as part of a strategic shift in 2023.
QSI are keen to invest in a new club following their recent World Cup campaign, with Premier League teams Manchester United and Liverpool currently on the hunt for buyers.
Though according to The Telegraph, an offer of just under £1billion in return for a 25 per cent stake in Tottenham was presented to Al-Khelaifi and Co as an option by industry specialists, with QSI understood to be contemplating it.
Al-Khelaifi and Levy are good friends and sources close to the the Spurs chairman remain adamant that their meeting in London last week consisted of no discussions ‘regarding equity of the club’.
However, other insiders believe that subject may now arise given QSI are considering the possibility of a new minority stake at a Premier League club.
The group purchased a 22 per cent stake in Portugal’s SC Braga for around £90million back in October, which was their second football investment after PSG, whom they acquired in 2011.
Now QSI are hoping to emulate the multi-club UAE ownership model at Manchester City, and after the World Cup they are prepared to add a Premier League team to their own collection.
The City Football Group owns stakes in Manchester City, from which it derives its name, as well as New York City FC, Melbourne City FC, Yokohama F. Marinos, Girona and Mumbai City FC as well as several others.
Nevertheless, any investment into Spurs would be for a minority stake given UEFA’s rules concerning teams under the same ownership facing each other in European competition.
Al-Khelaifi was believed to be acting solely in his role as QSI chairman during his meeting with Levy as opposed to head of the European Club Association. An insider also said about the group’s potential interest in Spurs: ‘It might not be Tottenham but it might be.’
The PSG chief is also in talks with American investors over fresh investment into the French club as well as Qatar’s beIN SPORTS TV network. (DailyMail)