Tottenham receive major Sheikh Jassim takeover update, Amanda Staveley links and Daniel Levy stance
Sheikh Jassim will reportedly not rush to buy another Premier League club after failing in his attempt to complete the takeover of Manchester United, according to a report from the Daily Mail. The Qatari businessman saw his efforts to buy the Red Devils in vain as Sir Jim Ratcliffe completed a minority takeover of the club last December.
It has been made public recently that Spurs will do their due diligence and consider any offers made for investments, with Daniel Levy speaking openly about their plans over the last two years. Former Newcastle United director Amanda Staveley, a financier well-known for helping broker Saudi Arabia's Public Investment Fund has also been linked with bringing Saudi Arabian investment to North London - following Levy's comments.
Sheikh Jassim offered £5billion in cash to wipe Glazers' debt and provide new facilities for United, in exchange for the club in its entirety. However, the tabled bid was rejected before Ratcliffe earned a route into the club with Ineos - receiving 25 per cent stake following their £1.3bn agreement.
READ MORE: Tottenham's first January decision could see solution to defensive injury crisis found
READ MORE: Tottenham wildcard, £30m call - Ange Postecoglou's centre-back options vs Wolves amid injury crisis
In an excerpt from an article on the Daily Mail, it is claimed that after suffering a setback in pursuit of Man United, Sheikh Jassim will not look to invest into another Premier League club with plans remaining at Old Trafford should the opportunity arise. It read: 'He is still a United fan. He is not going to rush off and try another Premier League club.
"If the opportunity to buy the whole of Manchester United arose again at some point in the future it is hard to see there not being a big level of interest. The plans are still there."
Should summer reports in financial outlet Bloomberg be believed, Staveley - who has generated around £500million through investment fund, PCP Capital Partners - is said to be keen to invest into another football project after leaving the Magpies at the end of last season.
Previously, it has been stated that Levy believes that investment will make Spurs a powerful entity to be reckoned with in the global game. He said at a fans' forum: "We announced with our last results that we believe this club needs a bigger capital base because we've got a lot of exciting projects on the horizon and we want to make further investment in the teams.
"Some form of minority investment is what we're looking for. We've got nothing to announce at the moment but we are in the market."