Stefan Borson: The 'most likely scenario' is Tottenham investor buys out Daniel Levy in £750m deal
Below is a summary of the full article. Click here for the full version or go back to LFC Live.net.
(Credit: Imago/Getty Images)
James Murray
Mon 8 September 2025 9:33, UK
Tottenham’s majority owner ENIC could agree a deal for a new investor to buy Daniel Levy out of his shares in the company for up to £750million.
Tottenham confirmed Levy has stepped down as the club’s executive chairman on Thursday (4 September) after spending 24 years in the role, with Peter Charrington appointed non-executive chairman.
Spurs insisted there will be no changes to the ownership of the club, while Levy will remain part of ENIC, which owns an 86.91 per cent stake at the Tottenham Hotspur Stadium.
Levy and members of his family own a 29.88 per cent stake in ENIC, with Joe Lewis’s family trust holding the remaining 70.12 per cent.
“So, if let’s say they want to put £200million in from ENIC at the moment, the £200million should be split roughly in proportion to the 70-30 that they own in ENIC.
“But let’s say it’s £200million and it’s 30 per cent, Daniel Levy is not going to put his hand in his pocket with £60million to put into Spurs for his corner.
“And therefore, I think the most likely scenario is that they can find somebody that will co-invest with the Joe Lewis Trust, replace Levy, allow Levy to take what could be £750million even, allow Levy to take his millions and for a new partner to come in.”
Credit: Imago
While Levy has been a controversial figure among Tottenham fans, he leaves the club in a strong financial position following his departure.