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Tottenham takeover update emerges as Daniel Levy claim made amid Qatari investment plan

Tottenham owner Daniel Levy
-Credit:Getty Images


Daniel Levy might be handed the opportunity to stay at Tottenham by a group of Qatari investors that are looking to buy the club according to reports. Levy, 63, has been under pressure to sell from the Spurs supporters due to another disappointing season on the pitch.

Ange Postecoglou's side sit 14th in the Premier League, having won just eight of their 24 matches so far and some have blamed their lack of spending power for the dismal form shown.

It has led to a protest and campaigning against Levy, who has been the most influential figure at Tottenham since 2001, when Enic boought 29.9 per cent of the club from Alan Sugar.

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Under Levy's leadership Tottenham's financial position has transformed, with a new stadium built and Spurs among the richest clubs in the world with an annual income of more than £500million.

That hasn't translated on to much success from a football point of view, however, with Spurs not winning a single trophy in 17 years. But now, there is talk that Spurs are getting in some investors.

The Guardian report that a Qatar-based group are looking to buy Tottenham. It's added that, instead of removing Levy from his position, the Essex-born businessman could be given the chance to stay at Spurs. The Qatari investors are said to be willing to give Levy a long-term contract to run the club as executive chairman.

The investors are keen to retain Levy's expertise. Under one model being considered by the Qatari group, Levy would be offered a management contract to run the club, which would remain in place even if Enic, that owns 86.91% of Tottenham, becomes a minority shareholder in the future.

Tottenham fans sung "Levy out" at Sunday's 2-1 defeat to Aston Villa in the FA Cup. It's clear how some Spurs supporters feel about Levy, even if the club have a £550m net spend since the new stadium opened six years ago.

This is despite the £86m sale of Harry Kane, with Dominic Solanke, Brennan Johnson, James Maddison, Tanguy Ndombele and Richarlison among their most expensive transfers.

Offering an update on Spurs' search for investment, Levy said last year: "To capitalise on our long-term potential, to continue to invest in the teams and undertake future capital projects, the club requires a significant increase in its equity base.

"The board and its advisors, Rothschild & Co, are in discussions with prospective investors. Any recommended investment proposal would require the support of the club’s shareholders."