Football: Qatar targets ManU, Americans target Everton and Tottenham







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(Boursier.com) — The Premier League attracts investors from all over the world. It’s not new. But things seem to be accelerating at the start of the year. Manchester United, Everton, or even Tottenham could thus see their turn of table evolve over the next few weeks. 777 Partners, which has just taken over Red Star in France, would consider investing in Everton FC. According to ‘Bloomberg’ sources, deliberations are ongoing and there is no certainty that they will result in a concrete offer from the Miami-based US investment firm. The latter has already invested in several football clubs around the world, from Belgium to Brazil and Germany, where it recently acquired a majority stake in Hertha Berlin SC.

Everton are one of the few clubs to have never been relegated from the Premier League, Europe’s richest football league. But the Liverpool club is in great difficulty this season and its place in the elite of English football is threatened. Any fresh money injected into the club should help Everton build a new state-of-the-art stadium. Everton have played since 1892 at Goodison Park, making it one of the oldest grounds reserved specifically for football.

‘Bloomberg’ reported last month that Everton owner Farhad Moshiri had separately held preliminary talks about selling a stake to MSP Sports Capital, another US investment firm. But the company of Iranian-American billionaire Jahm Najafi has finally set its sights on Tottenham Hotspur. What facilitate the arrival of 777 at Everton?

On the Manchester United side, Qatari investors are reportedly preparing an initial bid of around £5 billion ($6 billion) to buy the Red Devils. A consortium including Hamad bin Jassim bin Jaber Al Thani, the country’s former prime minister and ex-Qatar Investment Authority boss, is said to be putting the finishing touches on a proposed acquisition of the Glazer family-owned club. As the market speculates on a fierce auction between Qatar and British billionaire Jim Ratcliffe, notably backed by Goldman Sachs, the takeover of ManU could lead to the largest transaction in the history of professional sport. The record is currently held by a consortium led by Walmart heir Rob Walton, who paid $4.65 billion to get their hands on the Denver Broncos NFL team.


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