PSG owners, headlined by Nasser Al-Khelaifi, are taking an eye for a potential Premier League club to add to their portfolio. Al-Khelaifi, who owns Qatar Sports Investment, or QSI, reportedly met with Tottenham Hotspur president and chairman Daniel Levy.
Sky Sports reports that Spurs, or any Premier League club for that matter, could be next to fall under the QSI umbrella. The PSG ownership group is not just in the market for a Premier League club. Rather, it is about general growth. In 2022, PSG’s owners purchased a minority stake in Braga from the Portuguese top flight. Yet, that was for less than 25% of Braga.
Tottenham denied the allegation that Levy met with Al-Khelaifi and other PSG owners. However, Sky Sports notes that Levy and Al-Khelaifi are familiar with one another. The latter is the president of the European Club Association. The ECA exists to “protect and promote European club football.” Levy is a member of the ECA’s executive board.
PSG extending its reach with Premier League club
QSI can wiggle a way to purchase Tottenham. After all, money would be a nonissue for the group. Yet, in doing so, the acquisition can signal the ambition of the PSG ownership. Sky Sports states that the club and its owners see 2023 as a year to expand into new ownership opportunities. It is the same tactic organizations like Red Bull and the City Football Group use.
This allows teams to have different outlets for player development. For example, Jack Harrison moved from NYCFC to Manchester City just by signing a contract with the partner club. Players often move from Salzburg to Leipzig, such as Hwang Hee-chan, Dayot Upamecano and Naby Keita.
PSG and its ownership want to follow the same pattern. Moreover, the potential income from adding a new club is hard to pass up.
That being said, Levy and ENIC, the ownership group of Tottenham, are in no rush to sell the club. Despite Manchester United and Liverpool entertaining selling and Chelsea falling under new ownership, Tottenham may remain steadfast in its current ownership structure.
PHOTO: IMAGO / PanoramiC
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