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By Economy Middle East
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January 10, 2023 11:40 am

Qatar looking to invest in Premier League clubs

Possible buyout targets include Man United, Liverpool, or Spurs
Qatar Premier League
Nasser Al-Khelaifi, chairman of Qatar Sports Investments (Photo Credit: beIN Sports)

Qatar Sports Investments (QSI) is interested in acquiring English Premier League clubs Manchester United, Tottenham Hotspur, or Liverpool FC, revealed a recent Bloomberg  report.

According to the report, Nasser Al-Khelaifi, chairman of QSI, recently met with Tottenham Hotspur chairman Daniel Levy about the possibility of purchasing a stake in the club.

Read more: Liverpool has several interested buyers

According to the report, QSI is considering either a full takeover or a stake in Manchester United or Liverpool.

Tottenham Hotspur responded via email, saying “there is no truth in reports that a meeting was held regarding the sale of equity in the club.”

The Glazer family, Manchester United’s US owner, has been considering options for the 20-time English soccer champions, including a new investment or a potential sale.

The club stated in November that the Glazer family is working with financial advisers on the process, which could result in a partial sale of the Old Trafford club or investments such as stadium and infrastructure redevelopment.

In November, Liverpool Chairman Tom Werner mentioned that the Premier League club’s owner, Fenway Sports Group (FSG), was considering selling the club.

QSI owns the French soccer club Paris Saint-Germain and has a stake in the Portuguese soccer club SC Braga.

Many observers expected QSI to be less interested in football investments following the World Cup in Qatar, but the opposite is likely.

Qatar spent $200 billion on a largely celebrated World Cup tournament. FIFA is reporting profits of over $7.5 billion.

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