Football Insider

Tottenham could accept takeover offer and 'get it done' immediately after Daniel Levy latest - expert

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


Tottenham Could Accept Takeover Offer and 'Get It Done' Immediately After Daniel Levy Latest

Daniel Levy, former long-serving chairman of Tottenham Hotspur, is in advanced talks to sell his substantial stake in the club's parent company, ENIC, for approximately £1 billion. Reports indicate Levy holds nearly 30% (specifically 29.9%) of ENIC, and a consortium led by Hong Kong businessman Ng Wing Fai and US tech entrepreneur Brooklyn Earick is poised to acquire it, potentially finalizing the deal swiftly[1][2][3].



The Lewis Family Trust, which controls over 70% of ENIC, has confirmed it is not involved in these negotiations, distancing itself from Levy's personal transaction[1]. This comes after ENIC insisted in October that Tottenham was not for sale, following rebuffed interest from various groups, including Ng's previous Firehawk Holdings consortium and Earick's separate bid[1]. Undeterred, the two billionaires are now reportedly teaming up, valuing Levy's stake at £1bn amid Tottenham's £1.2bn stadium assets boosting the club's appeal[2][3].

Levy's 25-year tenure as chairman ended in September 2025, marked by financial prudence and stadium development, but also fan frustrations over transfers. In 2024, he acknowledged discussions with prospective minority investors, explicitly denying links to Qatar Sports Investments[1]. Recent moves include businessman Andrew Ashcroft acquiring a 3.4% stake worth £100m from his father[1]. Meanwhile, ENIC injected another £100m into the club to bolster finances and support long-term success[1].

Experts suggest Tottenham's owners could greenlight this "immediate" stake sale, as it doesn't threaten majority control while injecting fresh capital from Asian tycoons. Ng had previously eyed a full £3.3bn club buyout, but now focuses on Levy's portion, with Eric ready to commit £1.2bn further[2]. The deal could reshape Tottenham's boardroom dynamics without a full takeover[1][2][3].

(Word count: 298)