Joe Lewis family in Tottenham takeover talks as ‘confusion’ emerges

Tottenham Hotspur are at the centre of “confusion” regarding the interest in a potential takeover of the club from numerous investors.

Spurs supporters are almost entirely unified in wanting ENIC out of North London, which comprises predominantly Joe Lewis and his family, alongside Daniel Levy and others.

Levy is fronting the majority of the criticism on matchdays and via social media, as Tottenham fans become increasingly agitated with the business interests of their side taking precedence over on-field success.

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

Tottenham power struggle potential is putting off buyers

According to Bloomberg (26 February), the 87 per cent of Tottenham which is owned by ENIC remains up for sale with Lewis and his team willing to hold discussions with potential investors.

However, the breakdown in any significant selling progress appears to emanate from “confusion” from interested investors on what degree of control they would actually benefit from at Spurs, given Levy’s position on the board.

ENICPercentage of shares
Joe Lewis70.12%
Daniel Levy29.88%
ENIC own nearly 87 per cent of Tottenham, and the company’s shares are split two ways

Levy runs the Lilywhites as a seamless businessman, raising the club to become the global conglomerate it is – however, the football is just a by-product.

Supporters are seldom benefitting from anything Levy prioritises at Tottenham, and what happens on the pitch is an afterthought, however much the chairman’s consistent brave appearance at games makes anyone assume otherwise.

His control over the club has been in place since Alan Sugar sold up in 2001, with Lewis purchasing his original stake from Sugar the previous year for £22million.

There needs to be a huge shift in transparency on how any incoming new ownership regime can get their hands on Tottenham, and what freedom they will have to be able to steer the ship as they wish.

Tottenham chairman Daniel Levy
Credit: Imago

Spurs could keep Levy in charge even after a sale

Levy has already made it clear that while ENIC are open to selling up, he is not seeking an exit from N17, which has as expected gone down like a lead balloon with supporters.

One rumoured investment consortium from Qatar have reportedly been intrigued by adding Tottenham to their portfolio, with a buyout which would keep Levy in place.

This suggestion has been entirely laughed off by the media and fans alike, many of whom are of the belief that Levy’s close business rapport with various Middle Eastern individuals is a driving force behind the reports and would certainly suit his own interests.

Lewis‘ family representatives are still open to finding a solution, but while Levy is running the business operations of Tottenham, little appears likely to change in the shorter term.

As a result, Spurs fans may be resigned to seeing the same list of priorities tarnish the timeless passion of their side.