Spurs chairman Daniel Levy has reportedly held talks with Paris Saint-Germain chief Nasser Al-Khelaifi over a partnership with Qatar Sports Investments.
The PSG chief is also the president of the European Club Association, with Levy a member of its executive board.
According to CBS Sports, Al-Khelaifi have met Levy in a London hotel last week to discuss potential opportunities.
The reports adds 'possible investment was discussed and that Al-Khelaifi was acting solely in a QSI not European Club Association capacity'.
QSI purchased PSG back in 2011 and have completely transformed their fortunes.
They have lifted eight of the last ten Ligue One titles in a dominant period in French football.
They have a minority stake in Portuguese side Braga, and are looking to invest or buy more clubs this year, having been linked with Roma and Espanyol in the past.
Al-Khelaifi wants QSI to compete with the likes of City Football Group and Chelsea chairman Todd Boehly.
The Premier League is an attractive prospect, as is South America for QSI.
QSI have not held any talks to date with Liverpool, who are also available on the market for minority and full outright sale.
There has also been no contact with Manchester United, who are looking for new owners after the Glazers confirmed they are prepared to sell the club.
PSG president Al-Khelaifi is in talks with three investors, two of whom are American, over minority investment of up to 15% in PSG.
It remains to be seen the outcome following talks with Levy, but issues can arise if two clubs who share owners compete in the same European competition.
UEFA rules do state that no two clubs or more participating may be directly or indirectly controlled by the same entity.
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