Qatari Investors Eye Tottenham Takeover, May Keep Controversial Chairman
Reports indicate that a group of wealthy Qatari investors is exploring the possibility of acquiring Tottenham Hotspur Football Club. Interestingly, the potential new owners are considering retaining current chairman Daniel Levy in an executive capacity, despite recent criticism from fans.
The Qatari consortium is reportedly seeking full control of the North London club. However, they are open to offering Levy a long-term contract to continue managing Spurs as executive chairman, according to sources.
Levy, 63, has faced intense scrutiny from supporters following a disappointing season that has left Tottenham in 14th place in the Premier League. Fans have been vocal in their displeasure, chanting “Levy out” during matches.
Having led the club since 2001, Levy oversaw the construction of Tottenham’s new £1 billion stadium, which has boosted annual revenues to over £500 million. The potential investors apparently value this business acumen and wish to retain Levy’s expertise.
The proposed takeover could take various forms, including a phased acquisition. Tottenham is currently valued at approximately £3.75 billion.
While the identity of the Qatari bidders remains unclear, reports suggest they are private investors rather than government-backed entities like Qatar Sports Investment (QSI) or Sheikh Jassim, who previously attempted to purchase Manchester United.
Tottenham has been actively seeking outside investment for some time, with interest coming from both American and Middle Eastern parties. Levy himself has previously held discussions with several Qatari groups, though no deals have been finalized.