Last week, Sheikh Jassim withdrew from buying Manchester United and as per the latest reports, he is now planning to buy Spurs.
Jassim had tabled an offer of £5 billion to buy a 100% stake in Manchester United but after months of negotiation, this deal has collapsed. Instead, Sir Jim Ratcliffe is now set to purchase a 25 per cent stake in the Old Trafford outfit.
However, it looks like Qatar’s ambitions to buy an EPL club have not died down because as per Forbes, they are now planning to make a move for Spurs.
Tottenham have made a superb start to their 2023/24 campaign under their new manager Ange Postecoglou and given that the club has found it hard to make big-money signings in recent times, the fans will surely welcome this news.
This is not the first time that a Qatari outfit has shown an interest in buying Tottenham because back in January, Qatar Sports Investments, the owners of PSG had held talks with Daniel Levy for the hopes of a minority investment.
Those talks collapsed really quickly because Levy denied any such meeting but things should be different this time around.
People have seen how Manchester City and now Newcastle United have found success under their Middle Eastern owners and Daniel Levy knows very well that he will need to back his manager with proper finances if Spurs wish to challenge the likes of Man City and Arsenal for the EPL title. They have brought in money from Harry Kane’s sale but after the England international’s departure, Levy does not have too many bankable players left in the squad.
Sheikh Jassim is not directly connected to Al-Khelaifi, the PSG owner so these fresh talks with Tottenham Hotspur will be totally different. Al-Khelaifi will definitely help Sheikh Jassim in this because as per the rumours, Sheikh Jassim had consulted Al-Khelaifi when he was placing the bid for Man United.
Back in September, Daniel Levy had claimed that they are willing to sell a minority stake at Tottenham with the club currently being valued at around £2.3 billion.
“We run this club as if it’s a public company. If anyone wants to make a serious proposition to the board of Tottenham, we would consider it,” Levy said to Bloomberg.
The Spurs chairman is one of the hardest negotiators in world football so it will be really hard for Sheikh Jassim to convince him but if the Qatari billionaire can offer around £3.5 to 4 million, a deal can be struck.
