Football

Tottenham could be set for £1 billion takeover

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The Qatari government are reportedly interested in a takeover of Tottenham Hotspur, in a deal worth an estimated £1 billion.

Spurs owner Joe Lewis and chairman Daniel Levy rejected a £250 million bid from an Arab consortium in 2008 but a deal worth four times that amount may persuade them.

Takeover

The sports minister for Qatar has told the Associated Press that they are interested in taking over a Premier League club, although there's no direct mention of which club.

One success story to support the takeover is Paris Saint-Germain who became a formidable side in Europe thanks to investment from the Qatar government. Salah bin Ghanem bin Nasser al-Ali told the paper that the same would happen at Spurs.

Owners

"Of course Qatar wants to own a Premier League club," he said. "Here in Qatar we are very, very good in taking something and really transforming it into something very, very good. Even if it's good we take it to another step."

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This could be huge for Spurs is the deal does go through, as an injection of money could lead them down a similar path to Manchester City, who have become a force to be reckoned with since they received investment. Whether such a deal will materialise, however, remains to be seen.

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Topics:
Premier League
Football
Tottenham Hotspur

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