Finance expert will not rule out a Qatari takeover of Tottenham
Football finance expert Kieran Maguire believes that an extremely wealthy consortium from the Middle East might soon look towards the Premier League, with Tottenham potentially proving an attractive vehicle of investment.
Tottenham on the lookout for investment
It has been widely reported over the last few months that former Newcastle co-owner Amanda Staveley has held discussions with Daniel Levy over investing in Spurs, having raised £500m via PCP Capital Partners.
However, those talks do not appear to have got anywhere thus far, with there being no signs that investment is imminently going to come into the North London club.
Earlier this year, it emerged that Qatar Sports Investments, a sovereign wealth fund that owns Paris Saint-Germain, had also shown interest in buying a minority stake in Spurs.
Kieran Maguire says Spurs would be lucrative for QSI
TBR Football now point out there are rumours going around in Qatar that QSI are losing interest in PSG and might pivot elsewhere.
The outlet asks football finance expert Kieran Maguire about the possibility that they might turn their attention towards Tottenham.
Maguire says: “On the face of it, there is not much in it for QSI to have both PSG and Spurs because of the likelihood of both qualifying for the Champions League.
“That would cause an issue unless UEFA completely caved in. They have had to pinch their noses with regards to the blind trusts used by Sir Jim Ratcliffe to run Nice, his French club. Being head of the ECA means Al-Khelaifi has some power. Money helps too, of course.
“QSI’s issue is that there is limited scope for growth in Ligue 1. Domestically, do they have the resources to make PSG a club who can generate enough interest in Europe? Success in the Champions League is what they are looking for. They don’t care about Ligue 1.
“All their player brands – Mbappe, Messi, Neymar – have gone. I am sure they are thinking the Premier League is where it is at. But it would have to be a very delicate set of negotiations. You would have to get the sale and the purchase in the Premier League going through at broadly the same time from a compliance point of view.”
Other investors have also shown interest in Tottenham
TBR Football go on to point out that MSP Sports Capital, who recently failed with a move to buy Everton, have also explored a deal for Spurs.
The consortium are thought to have conducted due diligence of the Lilywhites with a view to a full takeover bid some time ago, but the current status of their interest is not known.
The publication adds that Liberty Media, the world’s most valuable sports empire, have also shown an interest in Tottenham.
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