A major ownership shift is taking shape at Tottenham Hotspur after former chairman Daniel Levy sold the majority of his stake in the club’s parent company, ENIC, to investment firm Eight Sports Capital.
Under the agreement, Levy sold 24.99% of his 29.88% shareholding in ENIC in a deal reportedly valued at around £1 billion. The transaction represents a significant change in the ownership structure behind Tottenham, one of the Premier League’s most valuable clubs.
Eight Sports Capital is led by CEO Brooklyn Earick and backed by Hong Kong financier Wing Fai Ng and Taiwanese billionaire Richard Tsai. The group had previously been linked with efforts to acquire Tottenham outright during an earlier, unsuccessful sale process.
The valuation attached to Levy’s stake implies an overall club value of approximately £4 billion. However, the acquired shareholding does not provide Eight Sports Capital with outright control of Tottenham, and reports suggest the investors remain interested in securing a larger position.
The club’s majority ownership remains with Joe Lewis and his family trust, which continue to hold 70.12% of ENIC. Nevertheless, speculation persists that the Lewis family’s shares have been discussed with financial institutions and potential investors, fueling expectations of a broader ownership transition.
In a statement, Eight Sports Capital said it was pleased to have reached an agreement to acquire a significant stake in ENIC and looks forward to working with the club’s shareholders, management, staff, players and supporters to help drive Tottenham’s future growth and success.
Neither Tottenham Hotspur, ENIC, the Lewis family nor Daniel Levy has publicly commented on the transaction. However, the deal is likely to intensify speculation that a full takeover of the club could eventually be on the horizon.