Stefan Borson suggests how much influence Daniel Levy will now have at Tottenham with a 25% stake

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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.

It might be worth just touching on some of that terminology for people, but there’s a situation where he’s leaving completely and his interest appears to be only now in respect of his ENIC shares and the way that he holds his interest in Tottenham is indirectly through ENIC.

“So, he’s got about 30 per cent of ENIC.

“So, now he has this 30 per cent holding of ENIC.

ENIC then owns 86 per cent of Tottenham, so his indirect holdings is about 25 per cent of Tottenham. 

“But what that means is that his actual influence and his ability to influence at either the ENIC level or the Spurs level is pretty minimal now.