Tribal Football

Levy in talks with US billionaires over Spurs sale

Ansser Sadiq
Levy in talks with US billionaires over Spurs sale
Levy in talks with US billionaires over Spurs saleAction Plus
Tottenham chairman Daniel Levy has reportedly engaged in talks with US billionaires over a potential sale of the club.

However, negotiations stalled due to Levy’s high valuation and his desire to retain a role at Spurs, either as an investor or overseeing sporting decisions.

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ENIC International Limited owns 86.58% of the club, with the remaining 13.42% held by minority investors.

Levy holds a 29.88% stake in ENIC, while the Lewis family trust controls the remaining 70.6%.

According to Bloomberg, US billionaires and private equity firms have shown interest in acquiring Tottenham shares over the past 18 months.

Their approach would likely involve buying a minority stake first before gradually working towards full ownership.