The Telegraph have reported that industry specialists believe Qatar Sports Investments could make an offer under £1 billion for a 25 per cent stake in Tottenham Hotspur.
The news of QSI’s interest in buying a minority stake in Tottenham first broke on Sunday, with Nasser Al-Khelaifi thought to have met with Daniel Levy recently to discuss the matter (CBS Sports).
Football.London’s Alasdair Gold revealed on Monday that Levy and Al-Khelaifi are good friends and that a potential investment into Tottenham was just one of many topics that the duo discussed when they met.
The journalist added talks about QSI investing in Spurs remain at a preliminary level and there are no indications that they will lead to anything substantial.
The Telegraph are now the latest publication to report on the meeting between Levy and Al-Khelaifi, revealing that QSI had indeed signaled potential interest in taking a minority stake in the north London club.
The report states that the consortium, who own Paris Saint-Germain and a 22 per cent stake in Braga, could look to buy a 25 per cent stake in Spurs for a fee of under £1 billion.
It is revealed that while representatives from Manchester United have also tested interest from QSI, the consortium is more likely to bid for Tottenham than the Red Devils at the moment.
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The Telegraph also reported that one source with knowledge of the situation had said that while it is ‘too early’ to say if there will be formal talks between the parties, QSI are expected to make ‘bold’ strategic acquisitions over the coming months.
The insider is quoted as saying: “Over Christmas and New Year, there’s a push from senior levels to really go for it at QSI. The suggestion that Qatar is going to pack up and leave after the World Cup has always frustrated BeIN (the Qatari-owned broadcaster), QSI and PSG.”
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Almost all the outlets who have reported on this matter have suggested that the parties have only had preliminary talks and nothing concrete has been discussed.
Even if QSI were convinced that Spurs would be the right investment and ENIC/Levy were open to a minority sale, the negotiations will likely be drawn out and quite exhaustive, given the huge figures that are at play.
So, this is not something that Tottenham fans should spend too much time thinking about at the moment as there is a long way to go for any deal to materialise.
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