Qatar exploring potential pathways to growth
Tottenham Hotspur chairman Daniel Levy confirmed with a statement in the Lilywhites’ 2022–23 accounts that potential talks have been held with new investors. Qatar are not likely to revisit a possible takeover of the North Londoners unless it means a majority stake in the club, per Football Insider.
At the moment, the club’s statute of shareholdings contains 87 percent owned by Enic, which is headed by Joe Lewis, while the chairman of the club, Daniel Levy, also owns a minority share in the company. There have been reports about the club wanting to find minority shareholders as the current board members are invested in the long-term project at N17.
The 62-year-old stated that “the board and its advisors, Rothschild & Co., are in discussions with prospective investors.”
Tottenham Hotspur’s pursuit of new investors
Per the Athletic, Qatar has previously held talks with the club about a possible investment in 2022. However, it is understood that Qatari investors are still ready to buy a stake in a Premier League club, yet they would prefer a majority takeover.
Kieran Maguire, a finance expert, has told Football Insider that in the wake of his unsuccessful offer to take over Manchester United, Sheikh Jassim could redirect his attention to investing in Tottenham Hotspur.
Although, by the looks of it, the only possibility to get a stake in the Lilywhites is getting a minority one.
Tottenham are progressing in brand value and earnings, while Daniel Levy ensures that the club is infrastructure-ready to sustain global growth. The new state-of-the-art stadium, complemented by the planned 30-story building, depicts the growing stage that the club is heading into.
More Tottenham Hotspurs News:
- Timo Werner makes decision on Tottenham Hotspur future as mixed loan spell nears its end
- “My brother”, “My boy”- Ange Postecoglou signings form connection as Micky van de Ven shares the love with Tottenham teammate on social media
- “Legend”, “God”- Pedro Porro and other Tottenham stars take part in game of describing Son Heung-min in one word
The North London Whites are one of the most exciting clubs in Europe at the moment and have recently published club-record revenue of £550 million, including a record-breaking matchday income of £117 million, which makes them attractive prospects for a possible investment.
