The Daily Mail have revealed that Qatar Sports Investments’ talks to buy a minority stake in Tottenham Hotspur are not likely to prove fruitful.
It first emerged at the start of this week that QSI chairman Nasser Al-Khelaifi had met with Daniel Levy to discuss buying a minority stake in Tottenham (CBS Sports).
Multiple outlets have since carried the same report, with The Telegraph revealing on Tuesday that QSI are exploring an offer under £1 billion for a 25 per cent stake in the club.
The report explained that the restrictions in place on European football would prevent the consortium from owning anything more than a non-controlling stake in Spurs since they already own Paris Saint-Germain.
The same information has now been reported by The Mail, who go on to suggest that Al-Khelaifi’s talks with Levy are not likely to lead to anything concrete.
This is because Tottenham owner Joe Lewis is said to prefer a full sale of Tottenham, with the Bahamas-based billionaire thought to be seeking an exit strategy 23 years on from ENIC’s acquisition of the North London club.
Spurs Web Opinion
It has been clear for a couple of years now that Tottenham are for sale at the right price. However, it might well take another few years for the club to attract a bid that meets ENIC’s valuation. Given the huge fee that Chelsea fetched recently, Joe Lewis and Daniel Levy might not settle for £3-£4 billion, given the infrastructure that is now in place at the club.
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