Big update emerges on Tottenham takeover interest from Qatar investors

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Bloomberg have now provided an update on the rumours of Qatari interest in buying Tottenham Hotspur and some Spurs fans may not be too pleased to hear the news.The negative sentiment against Daniel Levy and the Tottenham owners has been building among the Spurs fan base over many years and it appears to have reached a boiling point this season.We have seen thousands of fans taking to the streets to protest against the Spurs ownership recently, and the protests have had the desired effect, with the media spotlight now focusing on Daniel Levy’s Tottenham missteps.Over recent weeks, we have seen a number of outlets suggest that a group of private investors from Qatar have shown interest in a full buyout of Tottenham, which has been met with enthusiasm by some sections of the Spurs fan base.Photo by SpursWebIs a Qatari takeover of Tottenham imminent?However, Bloomberg have now poured cold water on claims of an impending takeover from the Middle East, revealing what they have heard from sources in the know.The outlet explains that the interest has not come from private investors but rather from state-backed Qatar Sports Investments, who own Paris Saint-Germain.Additionally, the country’s main sovereign wealth fund, Qatar Investment Authority, have also allegedly held talks with Daniel Levy.However, the publication reveals that they have heard from people familiar with the situation that these investors are not currently interested in a deal to buy Spurs.Should Tottenham fans welcome interest from Qatar?While no one would complain about private Qatari investors taking over at the Tottenham Hotspur Stadium, the possibility of the Qatari state being involved raises some moral dilemmas.Many fans will not care about being used as a vehicle for sports washing or the human rights record of the Qatari government, but other supporters will not want that to be associated with the Spurs brand.The point that many Tottenham fans appear to be missing in these discussions is that in the era of PSR, there is virtually nothing to gain from having wealthy owners.The spending on wages and transfer fees is now tied to the revenue streams of clubs, which means that the days of owners simply pumping money into a club until they succeed (like with Man City and Chelsea) are now over.The post Big update emerges on Tottenham takeover interest from Qatar investors appeared first on Spurs Web.