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Qatar in talks to acquire UK’s Tottenham for USD1.66 bn

Messi lining up a $300 mn a year deal to join Saudi's Al Hilal
Qatar in talks to acquire UK’s Tottenham for USD1.66 bn
Nasser Al-Khuleifi, QSI and Paris Saint-German president (Image credit: QSI)

According to a new Bloomberg report, a Qatari fund may be interested in purchasing the London-based football club Tottenham Hotspur. 

The UK newspaper Express revealed that Tottenham chairman Daniel Levy is said to have slapped a $1.66 billion price tag on the club. For a while now, Qatar Sports Investment (QSI) has been linked with a takeover of Tottenham Hotspur, but it may be difficult to complete due to its ownership of Paris Saint-Germain.

Read more: Qatar looking to invest in Premier League clubs

Nasser Al-Khuleifi, QSI and Paris Saint-German president, met with Daniel Levy, the president of Tottenham, to discuss the possibility of purchasing a stake in the British club. QSI is considering a full acquisition or participation in shares in either Manchester United or Liverpool, according to the source.

Additionally, QSI also owns a stake in the Portuguese club Braga.

In 2019, QSI discussed acquiring shares in Leeds United, which was then playing in the Championship.

In the event QSI acquires an English Premier League club, it will become the third GCC owner of a Premier League club. UAE’s City Football Group owns Manchester City, while a Saudi-led consortium possesses Newcastle United.

A $300+ million bid to get Messi into Saudi’s Al Hilal

 

In a related development, the Saudi football club Al-Hilal is looking to sign Argentine soccer player Lionel Messi, the star of Paris Saint-Germain, during the coming period. This is despite the French team’s attempts to renew the player’s contract, which expires next summer. According to the Corrieredellosport, Jorge Messi, the father, and agent of the Argentine player has on his table the highest offer to sign the player from Al-Hilal club, with a contract of more than $ 300 million.

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