“SHOCKING Tottenham Takeover Twist: Daniel Levy’s Mega Deal with Owners Will Leave Fans Speechless!”
Tottenham’s ownership has received several takeover approaches in recent weeks.
Speculation surrounding ENIC’s potential sale of Tottenham Hotspur has intensified following the departure of long-serving chairman Daniel Levy on September 4.
Levy, who spent 24 years at the helm as executive chairman, stepped down with ENIC director Peter Charrington subsequently appointed as non-executive chairman.
His exit reignited discussions about the club’s ownership future and whether ENIC, the majority shareholder, might consider selling their stake.
Despite mounting curiosity, Tottenham’s owners remain firm in their stance that the club is not for sale. ENIC has issued multiple statements reaffirming their commitment to maintaining control.
Former Manchester City financial adviser Stefan Borson, speaking exclusively to Football Insider, suggested that while a full takeover is off the table, Tottenham could still seek a strategic partner willing to acquire Levy’s shares within ENIC.
Borson explained that Tottenham’s recent decisions reflect a genuine reluctance to engage in sale talks. “It increasingly looks like they’re not bluffing,” he said.
“Ending their relationship with Rothschild, who were advising on the potential sale, is a strong signal that they are not actively looking for buyers.
The Lewis family, in particular, seem determined to retain ownership, and their increased visibility at matches both home and away supports that stance.”
Last year, reports surfaced that Levy was exploring the sale of a minority stake at a valuation of around £3.75 billion, with Rothschild advising on potential investors.
However, Tottenham’s decision to cut ties with the bank highlights a renewed commitment to long-term ownership.
ENIC currently holds an 86.91% stake in the club, with Daniel Levy and his family owning 29.88% of ENIC itself, while Joe Lewis’ family trust controls the remaining 70.12%.
Even with ENIC valuing Tottenham at approximately £4.5 billion, Borson believes that while a complete sale is unlikely, a structure similar to Sir Jim Ratcliffe’s investment in Manchester United could emerge.
“If someone came forward to buy Daniel Levy’s part of ENIC, it could make sense,” he noted.
“It might mirror Ratcliffe’s deal, where a minority shareholder—perhaps taking an initial 25%—partners with the majority owner. Over time, this stake could increase to 50%, then 75%, and eventually full ownership.”
However, Borson emphasised that the Lewis family is unlikely to relinquish control in the same way the Glazers did at Manchester United, which would affect both valuation and structure.
“The Lewis family are not signaling any willingness to take a backseat,” he added.
“But for Levy, remaining as a small minority shareholder seems untenable in the long term, so he may eventually look to cash out.”
In the midst of these developments, Tottenham’s leadership transition continues. Vinai Venkatesham, formerly of Arsenal, has taken over as the club’s CEO and is now responsible for overseeing the club’s daily operations.
His appointment signals a new era for Spurs off the pitch, even as uncertainty lingers over the club’s ownership dynamics and future direction.
