Journalist shares verdict on Qatar Sports Investments Leeds United takeover
Qatar Sports Investments are not looking at purchasing Leeds United as they only want a minority stake, according to Martyn Ziegler.
Ziegler confirmed that any stake the Qatar Sports Investments would make in England would be a minority stake as they have no plans to sell Paris Saint-Germain.
The journalist also admitted that Leeds United were not being looked at for a possible minority stake by the Sports Investment fund, despite reports suggesting a party from the middle east are looking to beat the 49ers to a full takeover.
“Qatar Sports Investments have ambitious plans but understand not looking to invest in Man Utd or Liverpool at the moment. Any PL club investment would be a minority stake as no plans to sell PSG,” revealed Ziegler on his personal Twitter account (9 January).
“Not looking at Leeds either.”
Qatar Sports Investments (QSI) is a subsidiary of the Qatar Investment Authority (QIA) that focuses on investing in the sports industry.
The organisation was established in 2004 with the goal of developing and promoting sports in Qatar and the wider region.
QSI has invested in a number of high-profile sports ventures, including the Ligue 1 club Paris Saint-Germain, the Swiss-based World Series of Boxing, and La Liga’s Malaga CF.
In addition to its investments in sports teams and leagues, QSI also invests in sports-related businesses, such as sports marketing and media companies, and in the development of sports infrastructure in Qatar.
So are Leeds United missing out here? I guess it depends on whether you mind your football club being run by an oil-rich state or not.
If you are comfortable with this, then the QSI would have been a lucrative and solid deal for Leeds United, one which would bring in far more money than the 49ers.
In other Leeds United news, this Belgian hotshot is on his way to Elland Road.