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. Man United rejected him but he’s coming back! 😳What a Turnaround.
Recent news from Tottenham has ignited discussions about the potential involvement of Qatari financier Sheikh Jassim in a prominent Premier League team. This comes after his unsuccessful attempt to acquire Manchester United last year, where he was a frontrunner for a significant portion of 2023.
Initially, there was speculation that Sheikh Jassim would take over Manchester United, but the club’s owners, the Glazer family, had a change of heart. Instead of selling the entire club, they decided to allow Sir Jim Ratcliffe to purchase a 25% stake. This decision was made even after Sheikh Jassim made a hefty £5 billion offer to buy the entire team, which was turned down.
Now, with Tottenham openly seeking new investment, Sheikh Jassim might have another chance to invest in a Premier League team. According to reports from The Express, Daniel Levy, a key figure at Tottenham, has expressed the club’s interest in attracting fresh capital.
Tottenham’s financial outlook appears promising, with the club recently announcing record-breaking results for the 2022–2023 fiscal year. Their revenue surpassed half a billion pounds, a milestone achieved for the first time at their new stadium.
The club’s revenue surged from £444 million in the previous year to an impressive £549.6 million this year, marking a significant growth of 24%. This financial success positions Tottenham as an appealing opportunity for potential investors like Sheikh Jassim, who may view it as a chance to be part of a thriving Premier League club and leave a notable mark on the football scene.