60% majority stake sold - But who is it?
Morning all. Choke on your coco-pops time:
Sheikh Ahmed bin Saqr al-Qassimi, member of a ruling family in the United Arab Emirates, has bought a majority stake in an unnamed Premier League club.
Sheikh Ahmed, a member of the ruling family Ras al-Khaimah, will be honorary chairman of the club.
Ras al-Khaimah is one of seven members in the UAE federation which also includes key oil producer Abu Dhabi and regional trade and tourism hub Dubai. (WAM news agency)
It's a 60% stake apparently. Honorary chairman means someone else (Levy?) will remain in charge of day to day business. Other reports cite a 'leading Premier club'. Which could mean it's possibly Everton, West Ham or even Fulham. Pompey is the more obvious link being made by others because of their prior attempted dealings.
If this happens, and it turns out to be Spurs I think I might need therapy to recover.
Going down this route is not something I wish for. I'm a little more traditional.