Journalist Tom Barclay has revealed that Qatar Sports Investments are not in talks with Tottenham any longer regarding potential investment into the club.
When Tottenham released their financial results for the 2022/23 year on Wednesday, one of the surprising revelations was Daniel Levy’s admission that the club are in talks with potential investors.
Spurs have posted a loss of £86.8m during the financial year and the Tottenham chairman revealed that they are seeking investment as the club requires ‘a significant increase in its equity base’ in order to invest in the team and undertake future capital projects.
QSI will not be investing in Tottenham
While Tottenham did not mention which prospective investors they have spoken to, The Daily Mail revealed yesterday that QSI, who own Paris Saint-Germain, had shown interest in the past while several American investors were also circling over Spurs.
However, Barclay has now remarked that the talks with the Qataris had already broken down last year and that the sides are no longer holding any discussions.
He told The Tottenham Way: “It was confirmed in that that Spurs are in talks with unnamed investors. I’m told that it’s not to do with a full sale of the club. They’re not looking to do that, to anyone hoping that Daniel Levy and ENIC are moving on anytime soon, it doesn’t seem that that’s likely to happen.
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“The line has always been that the club would be up for sale if there’s an appropriate bid. But I don’t think that’s going to happen anytime soon. They’re just looking for extra investment. It’s unclear who exactly they’re talking to.
“Someone I know who deals with the Qataris, who obviously were interested a couple of years ago, QSI, but that never happened, and as far as I’m aware, there’s no going back to them since. So I don’t think it’s those guys.”
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Levy has been speaking with various consortiums and businessmen about potential investment into Spurs for nearly two years now.
The Tottenham chairman will value the club very highly, given the figures involved in the recent Chelsea and Man Utd takeovers. Even if it only involves around 15 to 25 per cent stake, a deal will not be easy to do.
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