SHOCK EXODUS ROCKS TOTTENHAM: DANIEL LEVY’S INNER CIRCLE CRUMBLES AS DOOMSDAY PSR VERDICT LOOMS – IS THE ENTIRE CLUB ABOUT TO IMPLODE?!

Daniel Levy may have stepped back from his role at Tottenham Hotspur, but his influence over the club remains deeply entrenched.

He still owns nearly 30% of ENIC, the investment company that controls around 85% of Spurs, with the rest held by long-time private investors.

Some of these shareholders have been involved since the early 1980s, and with the club now valued at between £3-4 billion, any future takeover could yield extraordinary profits.

Levy’s son, Josh Levy, serves as co-CEO of Tavistock, the Bahamas-based firm that houses Joe Lewis’s global investments, including ENIC and, by extension, Spurs.

Despite efforts to present the club’s leadership transition as a clean break, Levy’s 25-year tenure continues to shape the club’s identity.

Significant restructuring has already taken place. ENIC recently injected £100 million into the club, earmarked for operational stability rather than transfers, reflecting a cautious new financial approach.

However, less attention was given to the £90 million loan Spurs secured in September from Australian bank Macquarie, using future Premier League TV revenue as collateral — a move that came shortly after Levy’s departure.

Longtime club executive Donna-Maria Cullen and head of football administration Rebecca Caplehorn have also exited, marking the end of an era.

Caplehorn, who spent a decade at Spurs, was a key figure in Premier League and European financial discussions, particularly around the Profit and Sustainability Rules (PSR) — a critical issue in modern football finance.

Her departure leaves uncertainty over who will represent Spurs in upcoming shareholder meetings.

Leadership has shifted to Bahamas-based chairman Peter Charrington, joined by American aviation executive Eric Hinson.

The appointment of former Arsenal executive Vinai Venkatesham earlier this year signaled preparations for life after Levy, though even Venkatesham was reportedly surprised by the chairman’s exit.

As the Premier League prepares to vote on new financial measures — including “anchoring” and “squad cost control” rules to restrict spending — experts believe Tottenham’s stance will remain conservative.

Football finance analyst Kieran Maguire told TBR Football that Spurs have always been disciplined in financial governance and will likely support tighter regulations.

Unlike clubs such as Chelsea, Manchester City, and Newcastle, who rely on heavy investment to compete, Tottenham’s sustainable model ensures they are less vulnerable to new controls — and could even strengthen their long-standing position among England’s elite.