West Ham United investment update emerges from Qatar investors
Qatar Sports Investment, the current owners of Paris Saint-Germain, are not interested in a deal to buy a minority share in West Ham, according to CityAM.
The financial news website shared that “sources close to Qatar” have played down any interest in the Hammers, claiming no talks have taken place regarding the East London club.
It was also shared that there is interest from Qatar in purchasing shares in Tottenham, West Ham’s London rivals and that they are keen to add them to a multi-club network which also includes Portuguese side, Braga.
A double blow for the Hammers
Not only does the report claim that there is no interest in the shares at West Ham, but typically the Hammers are receiving a double blow as their bitter rivals may be beneficiaries of that lack of interest.
It will be a bitter blow to the Hammers as while Spurs are already flying high at the top of the Premier League, they could potentially be given another boost.
Suggestions that Qatar may be interested in a purchase of West Ham emerged on 31 October in The Times, following news that co-chair Vanessa Gold is looking to sell the shares in the club that her family inherited from her late father David.
Gold confirmed that any potential buyer would have to hold the best interests of the club close to them, rather than just allowing money to be piled in for some sort of experimental project, so questions would have been asked about the intentions of Qatar if they were interested.
In other West Ham news, Kretinsky’s stance on the available shares has been made clear.