‘ENIC ready to do Tottenham takeover deal’ as official document revealed

Tottenham fans should be paying particular attention to a recent appointment in the boardroom in their hopes of ENIC leaving the club.

It has become an almost universal viewpoint among supporters that Daniel Levy and ENIC are no longer wanted in power at Spurs, and a new move has been made towards a potential takeover.

While interested parties have long circled the Tottenham Hotspur Stadium, Levy’s preference to retain a degree of control has been one of several factors to scupper matters, with his running of the Lilywhites heavily blasted by protesting fans at matches this season.

joe lewis daniel levy
Joe Lewis (left) and Daniel Levy make up the majority of ENIC’s ownership

Tottenham board appointment could signal takeover

As shown by Companies House, as of earlier this month, Peter Charrington has been appointed as a non-executive director at the Tottenham Hotspur Stadium in an interesting move.

Charrington has essentially replaced Bryan Glinton on the board of directors, and is a financial engineer with a comprehensive CV in offering advice on matters such as takeovers and buyouts.

The connection has been put together by former Everton CEO Keith Wyness, who has explained that news pointing to a takeover could emerge by the end of the season, as Charrington’s arrival is suggested to be a helping hand towards ENIC selling up.

“I looked at Charrington’s background, and there’s no doubt he is a really high-level financial engineer. You could say he’s being brought onto the board to strengthen Spurs’ hand in negotiating any deal coming through,” Wyness told Football Insider (22 March).

“He’s got the financial experience and brain to offer that sort of advice, he’s a valuable asset. It could be a sign of Spurs looking to get a takeover deal done.

“I did think there would be news on that. Hopefully by the end of this season, if anything is going to be done, we will hear something. So far there have been no statements and no proof of a deal moving forward, so it’s a case of watch this space.”

Tottenham Hotspur Stadium
Credit: Imago

Spurs fans have had it with Levy

Whether it has been the perceived prioritisation of off-field matters over success on the pitch; the lack of revenue spent on player costs and transfers; the rarity of interviews or public consultation with the fans – it is a rough ride now for Levy.

The 63-year-old has held power through generations of new Tottenham fans, and it comes as little coincidence that they all flow towards forming a similar opinion of the chairman and ownership regime. It’s not a bandwagon; they are telling it how it is.

The potential of the team itself, the club’s wider marketing strategy and the multi-purpose use of such a colossal stadium as they boast in N17 are all just some of the major attractive factors of Spurs to potential investors.

Tottenham Hotspur – ownership structureStake
ENIC (Daniel Levy and Joe Lewis)86.58%
Minority shareholders13.42%

But so far, Levy and ENIC have been very selective in who they even discuss the matter with, let alone progress towards the first takeover in nearly 25 years.

Tottenham – barring a Europa League triumph at the end of this season in Bilbao – are on course for their worst season since 2003-04 or could even fall below that, and fans are voting with their feet.