Qatari Banker Readjusts Focus in Premier League Pursuit Following United Setback
In a surprising turn of events, Sheikh Jassim is reportedly considering a shock offer to acquire Tottenham Hotspur, shifting his attention away from Manchester United after his bid for the Red Devils faced complications. Last week, Jassim withdrew from the race to purchase Manchester United when it became apparent that Sir Jim Ratcliffe’s offer for a minority stake was more appealing to the Glazer ownership.
Ratcliffe’s proposal, valued at around £1.4 billion for a 25% stake in Manchester United, with future plans to acquire the entire club, led to Jassim reassessing his options. According to The Mirror, the Qatari banker may now set his sights on Tottenham, seeking a foothold in English top-flight football.
The report suggests that Jassim, having engaged in talks with Qatar Sports Investment (QSI) boss Nasser Al-Khelaifi earlier this year, could explore a bid for the north London club. While a QSI takeover of Spurs was previously deemed unlikely due to UEFA restrictions and their ownership of Paris Saint-Germain, recent developments indicate that QSI could facilitate Jassim’s potential move for Tottenham.
Notably, Al-Khelaifi, acting as an advisor for Jassim’s earlier bid for Manchester United, could play a pivotal role in reshaping the Qatari banker’s football ambitions. Jassim and his Nine Two foundation had prepared a £5.5 billion bid for Manchester United, with an additional £1 billion earmarked for stadium improvements and new signings.
Tottenham, currently leading the Premier League table on goal difference, could be an attractive option for Jassim. Unlike Manchester United, Spurs have no infrastructure concerns, having inaugurated a state-of-the-art £1 billion stadium in 2019. The financial outlay for acquiring Tottenham would also be notably less than that of Manchester United.
Sheikh Jassim had previously been linked with a potential move for Liverpool after Fenway Sports Group, the owners of the Reds, expressed openness to a full sale in November of last year. As the football world watches developments closely, the prospect of Sheikh Jassim’s involvement in the Premier League takes an intriguing turn with Tottenham emerging as a potential target.
- Qatari Banker Sheikh Jassim bin Hamad Al Thani Makes Final Bid to Acquire Manchester United
- Manchester United Bidder Sheikh Jassim Al Thani Warns of Possible Withdrawal from Takeover Talks
- Sir Jim Ratcliffe Holds Upper Hand in Manchester United Takeover Race Against Sheikh Jassim
- Sheikh Jassim Emerges as Front-Runner in Manchester United Ownership Race, but Glazer Family May Not Sell
- Sir Jim Ratcliffe on Brink of Manchester United Investment: Talks Underway for INEOS to Secure 25% Stake