Football Insider

Stefan Borson: Tottenham owners could agree new Daniel Levy deal 'in the Bahamas'

Below is a summary of the full article. Click here for the full version or go back to LFC Live.net.



Former Man City financial adviser Stefan Borson exclusively told Football Insider ENIC is likely looking to find a buyer for Levy’s shares, with any potential deal expected to take place in the Bahamas, where Lewis and Tottenham’s new non-executive chairman Peter Charrington are based. 

Credit: Imago

Football Insider revealed on 5 September Amanda Staveley has been in talks about a Tottenham takeover.





“He’s got a very substantial holding in the club, indirectly he owns 30 per cent of ENIC, so you would think that the possibility at the ENIC level, not the Tottenham Hotspur level, that there might be some discussions about who can replace Daniel Levy within the ENIC group that would then be the ultimate holder of shares in Tottenham Hotspur.

Daniel Levy and his family would receive the consideration of that sale of that 30 per cent and probably would not be anything to do with the takeover code given that that company is a private Bahamas-based entity.



Credit: Imago

“So, it may be that Daniel Levy’s stake in ENIC is up for sale.



“That’s because actually what they’re trying to do is find a partner at the ENIC level, either to take Daniel Levy’s share or to take maybe in total more than 50 per cent of ENIC.

That’s also possible.”

Daniel Levy’s shares in ENIC could be worth £750million if he decides to agree a sale.