Paris Saint-Germain has been the crown jewel for Qatar Sports Investments, but now the French giants could have even more company.
The Telegraph reported Monday that QSI offered just under £1 billion in return for a 25 percent stake in Tottenham Hotspur. Additionally, the report reveals that PSG president Nasser Al-Khelaifi is good friends with chairman Daniel Levy.
Levy reportedly met with Al-Khelaifi in a London hotel and sources close to the Spurs chairman remain adamant that their meeting in London last week consisted of no discussions ‘regarding equity of the club.’
While many believed that QSI would begin to offload PSG now that the 2022 FIFA World Cup is over, as they’re open to having an interested party buy a minority stake in the capital club, they’re taking the opposite approach.
In October, QSI purchased a 22 percent stake in Portugal’s SC Braga for around £ 90 million. However, buying a stake in a Premier League club could draw some attention away from PSG.
PSG’s ownership group could be attempting to replicate what City Football Group has done. City Football Group owns stakes in Manchester City, New York City FC, Melbourne City FC, Yokohama F. Marinos, Girona and Mumbai City FC, as well as several others.