CBS Sports journalist Ben Jacobs has revealed that ENIC and Daniel Levy could be looking to sell as much as 30 per cent stake in Tottenham. The Athletic revealed on Tuesday that talks between Qatar Sports Investments and Spurs are still ongoing, with the report stating 15 per cent of the North London club was on […]
CBS Sports journalist Ben Jacobs has revealed that ENIC and Daniel Levy could be looking to sell as much as 30 per cent stake in Tottenham.
The Athletic revealed on Tuesday that talks between Qatar Sports Investments and Spurs are still ongoing, with the report stating 15 per cent of the North London club was on the table in Daniel Levy’s latest discussions with QSI chairman Nasser Al-Khelaifi.
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Jacobs then took to Twitter on the same day to offer more clarity on the matter, revealing that ‘there is no fixed percentage’ being discussed between the two parties, with QSI said to be looking at minority investment ‘at all scales’.
He also revealed that Spurs are the only Premier League club that QSI have entered into talks with, although they have an ‘open mind’ regarding Manchester United.
The journalist has now provided another update on the matter, stating that Levy remains open to a minority sale despite Tottenham denying it publicly.
He revealed that ENIC and Levy are ready to put 30 per cent of Spurs on the table but explained that QSI are only looking for close to 15 per cent.
Daniel Levy is exploring the market for minority investors (although Spurs deny this). He's met with QSI. Up to 30% (at the higher end) could be considered but everything at very exploratory stages. If QSI proceed (with any EPL club) they'll want closer to 15% only.
I find it quite interesting that Levy and ENIC are looking for a minority sale when it has been documented all along that their long-term plan is for a full scale. Selling a minority stake might complicate things in the future as interested parties might prefer a full takeover and may not want to be burdened by negotiating with multiple parties.
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