Tottenham Hotspur takeover unlikely anytime following behind-the-scenes story of how Daniel Levy frustrated Qataris | OneFootball

Tottenham Hotspur were linked with a takeover bid earlier this year as a group of Qatari investors sought to buy the club.

They were reportedly willing to give Spurs chairman Daniel Levy a long-term contract to continue running the club as executive chairman.

However, insider Habibullah Khan has now shared the behind-the-scenes story of how Levy frustrated the Qataris (via The Lab (Tottenham Hotspur Podcast).

Habib has connections to individuals involved in the attempted Spurs takeover process, and he has shared what he has heard about how the discussions progressed and ultimately fell through.

It is unknown whether the Qataris met the £3.75 billion valuation of the Tottenham Hotspur Stadium club, but they were reportedly keen on acquiring full ownership.

They also wanted to invest in the local area as part of a long-term strategy in England, but Levy kept moving the goalposts despite talks with Joe Lewis moving forward.

Khan shed more light on the situation on his X page.

British business executive Amanda Staveley wanted to buy a stake in Tottenham last year.

She targeted the acquisition of a 25 percent stake, having been backed by serious money from the Middle East and wealthy individuals.

However, nothing materialised, and it appears Spurs will not be getting new owners anytime soon because of Levy.

ENIC Group – which belongs to the family trust of Lewis – owns 86.58% of the club, while Levy and his family own 29.88% of the share capital of ENIC.

Levy is not keen on relinquishing control of Tottenham, and protests from the fans will fall on deaf ears.

Spurs finally won their first silverware since 2008 last term under former manager Ange Postecoglou.

It is increasingly clear they could have won much more had Levy not been in control of the club.