Stefan Borson: Tottenham's owners could boost player budget by '£100m'
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(Credit: Manh Tung - Breaking Media/Imago)
James Murray
Wed 17 September 2025 8:00, UK
Tottenham’s owners could increase Thomas Frank’s budget by up to £100million after becoming more involved in the club’s day-to-day operations.
Tottenham confirmed Daniel Levy has stepped down as executive chairman on 4 September after spending 24 years in the role, with his departure fueling rumours around a potential takeover deal.
ENIC owns an 86.91 per cent stake in Spurs, with Levy and members of his family holding a 29.88 per cent share in the British investment company, and Joe Lewis’s family trust owning the remaining 70.12 per cent.
Former Man City financial adviser Stefan Borson exclusively told Football Insider Tottenham’s owners are likely to boost the playing budget by £50-100m as they look to back Frank.
Credit: Imago
Football Insider revealed on 5 September Amanda Staveley has been in talks about a Tottenham takeover.
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Speaking exclusively to Football Insider, Borson said: “It may be that part of the plan is that the Lewis family will reduce their holding from where it is at 70 per cent perhaps down to 49 per cent.
But the likelihood is that the big change is going to be that they just increase the playing side budget by let’s say £50-100m a year.
“More wage spend, more player acquisition, and they’ll see where that takes them.
Football Insider revealed on 11 September the potential Tottenham investors want to improve the club’s revenues after exploring a deal.