Sheikh Jassim eyeing Tottenham Hotspur take over

The Qatari banker pulled out from the race to buy Manchester United

Since Sheikh Jassim withdrew from the battle to take over Manchester United, the Qatari tycoon may now spark renewed interest in making an investment in Tottenham Hotspur.

Since the Glazer family threw up to negotiations in November of last year, the Qatari investor and Sir Jim Ratcliffe were the two front-runners in the battle to acquire United.

Ratcliffe is prepared to purchase a 25% stake in the organisation, with an eye towards a long-term acquisition of Old Trafford.

Ratcliffe, one of the wealthiest individuals in Britain, will now ask United's board to approve his investment, which will make him the club's largest single stakeholder and give him more power over athletic choices. Although it is believed that Sheikh Jassim is eager to invest in the Premier League, his next move is still unknown.

Although Saudi Arabia and Abu Dhabi, Qatar's regional competitors, have established themselves in the Premier League with Newcastle and Manchester City, respectively, it is understood that senior authorities are eager to invest in an English top-flight team. Qatar hosted the World Cup last year.

In the midst of negotiations to purchase teams in Spain and Brazil, Sheikh Jassim offered to buy United, with help from Paris Saint-Germain owner Nasser Al-Khelaifi.

The Glazers demanded £6.4 billion for the club, therefore Jassim's staff originally approached Al-Khelaifi for guidance on United's worth as a component of his proposal to purchase the club, according to an article published earlier this year in The Athletic.

With minority stakes in numerous teams, Al-Khelaifi's Qatar Sports Investments (QSI), owners of Paris Saint-Germain since their purchase in 2011, want to diversify their holdings. He met with Daniel Levy, the chairman of Tottenham, earlier this year to discuss possible club ownership.

While QSI might not support the Spurs, a group formed by Sheikh Jassim might try to purchase the team. It would be akin to QSI investing in Paris because Spurs would be a presence in England's capital alongside one of the best-known teams in the most prestigious league.