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Qatar sticking point emerges after West Ham United takeover news - Finance Expert
We’re delighted to welcome football finance expert Dr Daniel Plumley as our exclusive West Ham United columnist. Each week he’ll be giving his views on the biggest talking points at the London Stadium...
Dan Plumley has insisted that only having a 10% stake for sale could stop Qatar from making a move to invest in West Ham United.
The Times reported on 31 October that “insiders” were hoping that Vanessa Gold putting 10% up for sale could attract investment from Qatar.
The finance expert admitted that trends suggest that investors from the likes of Qatar and Saudi Arabia would prefer full control rather than minority investment.
“I get the sense that it is the percentage there that is the sticking point,” he exclusively told West Ham Zone.
“From the outside looking in, what we have seen, not just with Qatar but Saudi Arabia and how they have been operating in football for a number of years now in many cases, it’s one of those where all of the narrative is about full control.
“Whether or not a lot of the things we saw about Qatar and Manchester United were true, we don’t know as there was a lot of smoke and mirrors, but everything we did see was it was a full takeover bid for full control.
“The same narrative we have seen when there has been interest in Tottenham, it’s a full takeover with full control and I think that is what it comes down to with Qatar as an example, I just get the feeling that everything we have seen so far if they are going to buy into a Premier League club, they would want full control.
“Obviously, 10% doesn’t give them that so I think that is the sticking point more than anything.”
In other West Ham United news, our expert has shared his verdict on transfers at the club after this Moyes sack decision