Tottenham takeover latest: ‘Confidential info’ leaks from Spurs shareholders

Daniel Levy could soon be forced out of Tottenham in rather unorthodox fashion.

Ange Postecoglou’s side have struggled this season, performing below expectations in the Premier League and being knocked out of both the FA Cup and Carabao Cup.

As a result, Spurs only really have the UEFA Europa League left to play for. Therefore, frustration has built among supporters, and plenty of that frustration has been directed toward ENIC and Levy for the way the club has been run in recent times.

Countless supporters took to the streets to protest ahead of the 1-0 Premier League win over Manchester United at the Tottenham Hotspur Stadium on Sunday 16 February, with the message clear; fans want Levy and ENIC gone.

However, this isn’t thought to have bothered Levy, and for now, it looks as though he remains in full control of any takeover negotiations, although that could yet change after “confidential information” emerged from Spurs shareholders.

Tottenham
Tottenham chairman Daniel Levy

Levy derailing Tottenham takeover negotiations in North London

According to Bloomberg (26 February), Levy has derailed Tottenham takeover attempts in recent times.

It is reported that Levy has held talks with potential buyers, which include US billionaires and private equity funds. However, his demands have prevented these talks from progressing any further.

The 62-year-old’s high valuation and desire to remain a significant investor in Tottenham, or at least in charge of sporting decisions via a lucrative contract, have resulted in talks breaking down.

This will no doubt come as bad news for Tottenham fans, who have made it clear that they want the current chairman out of the club. However, Bloomberg’s report also offered a shining light of hope that Levy could soon be forced out of Spurs, with little say on the matter.

Premier League 2024/25PositionWinsDrawsLosses
Tottenham13th10314
Spurs’ Premier League struggles this season have seen fans turn on Levy

Levy could be forced out of Tottenham by minority shareholders

Bloomberg’s report states that the majority of investors now look to take minority stakes in high-profile sporting assets before seizing full control due to the soaring costs of such assets.

Therefore, if Spurs’ minority shareholders, who make up 13 per cent of the club’s ownership, were to sell to an investor, that could open the door for said investor to eventually take full control in a hostile takeover, which would potentially see Levy outed from Spurs with very little say on the matter.

However, Bloomberg’s report also states that attempts to buy out other Spurs shareholders have so far been unsuccessful, with those involved asking not to be named discussing confidential information.

Tottenham Hotspur Stadium
Credit: Imago

Nevertheless, that could yet change, and if an investor is to seize some of Spurs’ minority shares, that could spell the beginning of the end for Levy, and the start of the party among fans in North London.