Finance

Qatar has 3 big English clubs on its radar

The Qatar Fund, which recently decided to invest in the Premier League, has Manchester United, Liverpool and Tottenham on its radar.

After hosting the most valuable World Cup event in the world, Qatar plans to buy shares from Manchester United, Liverpool FC or Tottenham Hotspur, which are in the middle of the biggest clubs in English football.

Nasser Al-Khelaifi, Leader of Qatar Sports Investments (QSI), recently held talks with Tottenham Hotspur Leader Daniel Levy for a share purchase, according to a source close to the issue speaking to Bloomberg.

Speaking to Bloomberg, the source stated that QSI is also considering buying a controlling interest or minority interest in Manchester United or Liverpool.

Spent $200 billion in 10 years for the World Cup

QSI has decided to consider making at least one investment in the English Premier League after hosting the country’s successful World Cup setup.
Any potential audit or acquisition of minority interest will strengthen Qatar’s position in sports assets.

Qatar has spent 200 billion dollars in the last 10 years on the development of infrastructure in the country for the World Cup. French club Paris St. Qatar, which controls Germain, also has a stake in Portuguese club SC Braga. Qatar is also taking steps towards the growth of sports-oriented media company beIN Media Group.

The American Glazer family has been looking for investors for Manchester United for a while, preparing the club for sale. Liverpool FC is also valuing sales opportunities at the same time.

Tottenham, which has built a new stadium with a capacity of 60,000 in London, is quickly worth 2 billion euros, according to Football Benchmark. under is valued. Chelsea FC was sold to the US consortium for £2.5 billion last year.

Whether QSI is in talks with other Premier League clubs is now uncertain. CBS Sports first announced QSI’s meeting with Tottenham.