What is holding up the Qatar-Tottenham takeover deal? | OneFootball

Tottenham Hotspur is in a strange position as a club. The club has a world-class stadium while being a profitable business, and fandom is spreading across every corner of the globe.

However, for all the success off the pitch, Tottenham have been trophyless since 2008, remaining a nearly club. Spurs have nearly won silverware, nearly broken into the elite, and nearly secured the investment to get its lofty ambition over the line.

If there is one common denominator holding Spurs back, it is chairman Daniel Levy.

Levy has grown Tottenham into a business behemoth, but he remains determined to control the club at all costs, inadvertently stalling progress.

The potential Qatari takeover deal is another example of how he is costing Spurs dearly.

According to Bloomberg, Qatar Sports Investment (QSI) and other investors want to buy the club but not at the whopping price that Levy is quoting. Also, he wants to remain a major investor or in charge of sporting decisions at Tottenham. His demands have scared suitors away, per the report.

The man who made Spurs such an attractive asset is now the biggest obstacle to a sale. Tottenham desperately need investment to compete with Liverpool, Chelsea, Arsenal, and Manchester City at the top end of the table.

Spurs have the infrastructure but need financial muscle to turn all this promise into competitive trophies. QSI transformed Paris Saint-Germain from a fourth-fiddle club in France to a feared European giant, but Levy must loosen his firm grip on power to allow success to seep in.

The fans have made it known they cannot wait to see the back of the 63-year-old, with calls for Levy to leave getting louder at every Spurs match.

Tottenham fans cannot wait much longer for success, real success on the football pitch, not the balance sheet. If Levy has the club’s best interest at heart, he must step aside for investment to take Spurs to the next level.

Otherwise, this club might become the biggest what-if story in Premier League history.