Tottenham, Spurs, Daniel Levy, Antonio Conte, Premier League
Tottenham chairman Daniel Levy has held ‘exploratory talks’ with QSI over minority investment in Spurs, according to reporter Ben Jacobs.
The Lowdown: Spurs takeover talks…
Earlier this week, some ‘huge’ news broke in regards to a possible Spurs takeover with US-Iranian billionaire Jahm Najafi of MSP Sports Capital plotting a $3.75bn (£1.1bn) Spurs takeover bid.
The magnate is apparently set to make an offer for the Premier League side with tensions currently surrounding sections of the fanbase and current owners ENIC.
Antonio Conte‘s side have been seeking off-field investment, also, with Levy and co seeking a naming rights deal for the Tottenham Hotspur Stadium.
The Latest: Jacobs shares QSI talks…
Sharing his own update on Twitter, CBS journalist Jacobs backs interest from Najafi in Spurs and claims Levy has been also been working on minority investment in the club.
He says Spurs and Levy have held ‘exploratory talks’ with QSI (Qatar Sports Investment) in this regard.
Jacobs explained:
“Najafi’s MSP Sports Capital will finance 70% with other backers involved from the MENA region. Whereas Daniel Levy has been exploring minority investment, including exploratory talks with QSI, Joe Lewis would consider a full sale at the right price, but his valuation is $4.5bn+.”
The Verdict: Promising?
As Spurs look to keep chase with the English top flight’s wealthiest and most-backed sides, news of Levy’s attempts to secure off-field investment comes as promising.
Tottenham’s latest set of financial results indicate an improvement in profit after their first full season post-COVID with fans returning to stadiums.
Levy and co are now able to utilise their state-of-the-art brand new ground in major benefit to Tottenham’s long term future and this may well attract both minority investors and the likes of Najafi.
On the pitch, Conte’s future is still unresolved and things look fairly uncertain past this season as things stand – but off the field, Spurs are continue to grow their sustainability.
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