atar is aiming to increase its sports activities portfolio by shopping for a minority stake in a Premier League membership, with Tottenham considered the likeliest goal.
Spurs deny that chairman Daniel Levy met final week with Nasser Al-Khelaifi, the chairman of Paris Saint-Germain and president of Qatar Sports activities Investments (QSI), regardless of experiences of a mutually-agreed assembly at a London lodge.
Sources near Levy mentioned the pair have been pals for years and meet repeatedly, notably when Al-Khelaifi is in London. They met at a board assembly of the European Membership Affiliation — of which Al-Khelaifi is head and Spurs a member — in Doha final month.
Spurs additionally insisted this morning that there aren’t any discussions, exploratory or in any other case, with QSI over a minority stake within the membership, regardless of the Qataris’ plans for an formidable post-World Cup growth of its portfolio.
In addition to PSG, QSI owns a 22 per cent stake in Portuguese membership SC Braga — purchased for about £79.3million final October — and is selling the burgeoning sport of padel tennis.
Manchester United and Liverpool are each on the market, though Spurs are understood to be thought-about a extra life like possibility for QSI, which isn’t proscribing its plans to English soccer and is claimed to be eyeing alternatives around the globe.
Final 12 months, billionaire Daniel Kretinsky purchased a 27 per cent stake in West Ham, with David Sullivan and the late David Gold remaining as co-chairmen, and the same association might enchantment to Levy and majority shareholder, Joe Lewis.
Spurs are going through an ongoing problem to fulfill Antonio Conte’s calls for and compete within the switch market, and house owners ENIC injected £150m into the membership over the summer season. That determine is a fraction of what Levy would be capable of demand for a minority stake.
Whereas Kretinsky is broadly anticipated to ultimately take a majority management of the Hammers, QSI is exploring solely minority offers, as a result of it has no plans to promote PSG and UEFA guidelines forbid house owners from having a majority holding in golf equipment which might meet in European competitors.
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