Tottenham Owner Insists Club Not For Sale After Daniel Levy’s Exit

‎Tottenham Hotspur confirmed that its largest shareholder has received two initial takeover proposals, which were both declined, and reaffirmed that the club is not available for purchase.

‎Following the news that executive chairman Daniel Levy stepped down after nearly 25 years in the role, speculation about a potential change in ownership has grown.

‎In a late Sunday club statement, ENIC Sports & Developments Holdings Ltd unequivocally rejected two separate preliminary expressions of interest.

‎The first offer came from Amanda Staveley’s PCP International Finance Limited, a former Newcastle United shareholder. The second came from a consortium led by Dr. Roger Kennedy and Wing-Fai Ng through Firehawk Holdings Limited.

‎ENIC owns 86.5% of the club’s shares.

‎”As a consequence of ENIC’s majority ownership interest in Tottenham Hotspur, if any offer were made to acquire ENIC and completed, a mandatory offer would be required under Rule 9 of the (UK Takeover) Code to acquire the shares of Tottenham Hotspur not already held by ENIC,” the statement said.

‎”The Board of the Club and ENIC confirm that Tottenham Hotspur is not for sale and ENIC has no intention to accept any such offer to acquire its interest in the Club.

‎”In accordance with Rule 2.6(a) of the code, each of PCP and the consortium is separately required, by not later than 5pm on 5 October 2025, to either announce a firm intention to make an offer for the company in accordance with Rule 2.7 of the code or announce that it does not intend to make an offer for the company, in which case their respective announcements will be treated as a statement to which Rule 2.8 of the Code applies.”

‎The ENIC group is primarily owned by British businessman Joe Lewis and his family, who also own the Tavistock Group, a private equity firm.

In April, Tottenham named Vinai Venkatraman their new chief executive, and Peter Charrington took on the newly created role of non-executive chairman following Levy’s departure

‎When Levy announced his exit, Tottenham said there would be no changes to the ownership or shareholder structure.