Qatari billionaire Sheikh Jassim is set to make a move for this Premier League club after loosing the Race against Sir Jim Ratcliffe to buy Manchester United
Following an announcement by Tottenham, Qatari financier Sheikh Jassim, who was unsuccessful in his attempt to buy Manchester United last year, may have another chance to invest in a major Premier League team.
He was the front-runner that everyone thought would take over at Old Trafford for the majority of 2023.
But instead of selling the entire 100% stake, the Glazer family then had second thoughts and let Sir Jim Ratcliffe purchase a 25% stake in the squad.
Sheikh Jassim’s enormous £5 billion offer to purchase the squad was therefore turned down.
Tottenham might give the billionaire another opportunity.
Now, the millionaire may have another chance to finance a Premier League franchise.
The Express claims that Daniel Levy, the man in control of Tottenham, has stated the club’s wish to find a new investor.
Spurs announced their fiscal year 2022–2023 record-breaking results. The club’s revenue topped half a billion pounds at their new stadium for the first time ever.
From £444 million in the prior year to £549.6 million this year, it grew by 24%.