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
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Sheikh Jassim, a Qatari businessman, may get another opportunity to invest in a big Premier League team after Tottenham made an announcement today. Jassim was unsuccessful in his attempt to purchase Manchester United the previous year.
During a significant portion of the year 2023, he was the prime candidate that everyone felt would be the one to take over at Old Trafford.
On the other hand, the Glazer family ultimately altered their minds and agreed to let Sir Jim Ratcliffe purchase a 25% stake in the club rather than selling the entire 100% of the company.
Because of this, Sheikh Jassim’s enormous offer of five billion pounds to purchase the team was turned down.
Tottenham has the potential to give the millionaire a second shot as well.
There is now the possibility that the billionaire will have another opportunity to invest in a Premier League team.
According to the Express, Daniel Levy, the person in control of Tottenham, has stated that the club is interested in acquiring a new partner in order to improve its financial situation.
The Spurs have disclosed their record-breaking financial achievements for the fiscal year 2022–2023. The club’s revenue topped half a billion pounds for the very first time ever at their brand-new stadium that they just moved into.
From the previous year’s total of £444 million, it rose to £549.6 million, representing a 24% rise.