The Lewis family may be preparing for a significant development involving Tottenham Hotspur following Daniel Levy’s recent discussions about a potential sale of ENIC shares.
Levy stepped down as Tottenham chairman in September after 24 years in charge, but he remains a shareholder, holding a 29.88 per cent minority stake in ENIC, the company that owns 86.91 per cent of Tottenham Hotspur. The remaining 70.12 per cent of ENIC is controlled by the Joe Lewis family trust, with Lewis’s children, Vivienne and Charles, becoming increasingly involved in the club’s affairs in recent months.
Reports last week suggested Levy had entered talks with Hong Kong businessman Ng Wing Fai regarding the sale of his stake, with a valuation in the region of £1 billion. However, Football Insider now reports that there are doubts among some sources about whether the consortium involved would be the right group to assume control of the club alongside the Lewis family.
As a result, Tottenham’s majority owners are said to be open to buying Levy’s shares themselves should he be unable to secure a suitable buyer. If an acceptable buyer does emerge, the Lewis family would be prepared to work with new investors to guide the club forward.
Football Insider also claims that Tottenham’s owners value the club at around £4 billion. Despite this, the Lewis family have reportedly turned down several approaches in recent months, including a £4.5 billion bid from a consortium led by Brooklyn Earick, which was firmly rejected.
