Exclusive: Big development on the Tottenham-Qatar takeover - Flashfootballnews
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Levy and Sheikh

Exclusive: Big development on the Tottenham-Qatar takeover

According to Football Insider, Qatar is unlikely to revisit a Tottenham takeover until they receive a majority stake in the club.

Spurs chairman Daniel Levy confirmed talks with investors in a statement published in the club’s 2022-23 accounts.

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Levy went on to say that “the board and its advisors, Rothschild & Co, are in discussions with prospective investors.”

According to Football Insider, Spurs would prefer a minority investment in the club, with current board members as part of a long-term plan.

Tottenham is 87 percent owned by Enic, which is led by Joe Lewis, while Levy owns a minority stake in the company.

Qatar loses interest in Tottenham takeover after Levy comments

According to reports, Spurs have previously met with Qatari investors in 2022.

Kieran Maguire, a finance expert, has informed Football Insider that Sheikh Jassim could focus his attention to buying Tottenham following his unsuccessful offer for Manchester United.

 

However, it is understood that Qatari investors are still ready to buy a stake in a Premier League club but would prefer a majority takeover.

At this point, a minority deal with US businesses is the most likely outcome of Tottenham‘s investment talks.

Spurs recently reported club-record revenue of £550 million, including a record-breaking matchday income of £117 million, making them an appealing option for investors.

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