Tottenham Hotspur’s ownership group has seen many recent internal changes in the past, but could Daniel Levy’s 30% stake become the breakthrough for outside investors?
Former Tottenham Hotspur Chairman Daniel Levy’s 30% stake in the Premier League could be sold to the Lewis Family Trust.
Levy’s stake in ENIC, the majority shareholder of Tottenham with a stake of 86%, is still intact following his departure from the club in September 2025 and any subsequent share sale would signal the definitive end for his time at Tottenham.
According to FootballInsider, controlling members of the Lewis Family Trust – Charles Lewis, Vivienne Beucher and Nick Beucher – are interested in acquiring Levy’s ENIC stake, reportedly valued at £1bn.
This would mean the Lewis family would have sole control over ENIC as Tottenham’s majority owner.
FootballInsider’s report revealed that since Levy’s departure, Joe Lewis’ daughter Vivienne, her husband Beucher and son Charles have taken a more active role in the running of the club over the past several months.
Joe Lewis is the former majority owner of ENIC and Tottenham before placing his shares into the Lewis Family Trust in 2022.
If Levy’s shares were sold for £1bn, it would value the club at £3bn, close to the reported £4bn-£4.5bn the Lewis family valuation.
Tottenham have been the subject of interest from several investors looking to either acquire a stake in the club, or buy the Lewis family’s majority stake.
Is Tottenham likely to sell?
In September 2025, Tottenham confirmed it had rejected two companies enquiring about a majority takeover of the club from PCP International Finance and Firehawk Holdings.
A club statement revealed the interest and declared the club is not for sale. Due to the club abiding by the UK Takeover, both PCP and Firehawk are prevented from making any other enquiry or bids until March 6, 2026.
However, The Sun reported yesterday (February 3) that Hong Kong businessman Ng Wing-Fai and investor Brooklyn Earnick are teaming up in a bid to acquire Levy’s 30% stake.
Insider Sport has reached out to Tottenham Hotspur for comment.
Both failed in separate majority takeover bids in October 2025 for the club. Earick led a 12-man consortium tabling a reported £4.5bn bid, with £3.3bn to acquire ENIC’s majority stake and over £1bn for future investment.
Ng Wing-Fai’s bid, as well as Earick’s, were both withdrawn due to the Lewis family maintaining the club was not up for sale.
The ownership group has come under intense pressure from Tottenham fans in recent months calling for the club to be sold. Tottenham currently sit 14th in the Premier League table after finishing in 17th last season, the club’s worst-ever finish in a Premier League season.
Despite winning its first trophy since 2008 with the UEFA Europa League last season, Spurs fans continued for Levy and ENIC to sell the club due to recent misfortunes on the pitch.
Levy era’s definitive end
Levy first joined Tottenham as part of ENIC’s minority ownership acquisition in 2000 and became a part of the Board of Directors. He swiftly became Executive Chairman in February 2001 taking over from former owner Alan Sugar and over the next 24 years became the public figurehead of the ownership group.
Tottenham won only two trophies with Levy as Executive Chairman, the League Cup in 2008 and Europa League in May 2025 beating Manchester United in the final 1-0.
Despite a lack of silverware, Levy operated as a business-savvy Chairman, keeping the player wage bill lower than its ‘Big Six’ counterparts such as Manchester United and Manchester City, maintaining a sustainability model focused on positive revenue-wage percentages.
The defining moment from Levy’s tenure is arguably the move from White Hart Lane to the club’s current stadium, the Tottenham Hotspur Stadium. The £2bn stadium has become a commercial powerhouse for the club, hosting major events such as concerts from Beyoncé and Kendrick Lamar in recent years.
However, it was Levy’s ‘business-first’ mindset that drew the ire of Tottenham fans with a perceived view of placing more emphasis on growing revenues, profits and remaining sustainable, as opposed to investing in player transfers to improve the club’s chances of winning more silverware.
