The president of Qatar’s sporting investment group has met with Tottenham Hotspur as part of ambitions. It was to considerably expand the gulf state’s sporting portfolio following the World Cup.
Qatar speaks to Spurs to add Premier League club
According to sources close to Nasser al-Khelaifi, the chairman of Qatar Sports Investments (QSI) and president of Paris Saint-Germain. Also, he met Daniel Levy, the chairman of Tottenham Hotspur, last week in London. However, reports tying QSI to a move to Liverpool or Manchester United have been dismissed prematurely.
For reasons of integrity, European club football rules prohibit teams with the same owner from competing in the same competition. Minority stakes, on the other hand, are authorized, and a number of them are expected for QSI, the major Qatari state investment entity in sports.
QSI currently owns PSG, 22% of Braga, who are second in the Portuguese league and are interested in padel tennis, a sport in which Khelaifi excels. It intends to launch an aggressive acquisition drive in 2023, with a Premier League team as its priority. It is also thought that QSI believes that, given the weak pound and the apparent success of the World Cup. Now is a good time to invest in the world’s largest domestic league.
Although Spurs are QSI’s top goal, at least two other consortiums are believed to be interested in obtaining a stake in the club. It has debts in the hundreds of millions of pounds following the construction of its new stadium.