
Daniel Levy update emerges amid new Qatar-Tottenham takeover development
Daniel Levy is to play a key role if Qatari businessmen are to complete the takeover of Tottenham.
There is understood to be interest in buying the North London club and Levy may even continue after the deal is done as he holds a good relationship with Nasser Al-Khelaifi, the chairman of Qatar Sports Investments.
He is said to value the club at £3.75billion given the world-class stadium and the fact that they are a well-established and high-revenue generating club in London.
Clubs | Net transfer spend (2015-2025) |
1. Manchester United | £1.05bn |
2. Chelsea | £889m |
3. Manchester City | £860m |
4. Arsenal | £741m |
5. Tottenham | £588m |
Daniel Levy would like to stay on even if ENIC become a minority partner
The Lewis Family Trust owns 70.12 per cent of ENIC, which is the company that holds 86.58 per cent of the shares in the club.
Levy and certain members of his family own the other 29.88 per cent of ENIC.
The remaining 13.4 per cent stake in the club is held by 30,000 external shareholders.
Speaking on the Rule The Roost Podcast, Evening Standard journalist Dan Kilpatrick revealed that the Qataris are actually keen on buying the club and Levy sees himself staying on as a minority partner.
Kilpatrick said: “There has been interest from Qatar. And I think it is fair to say that it’s kind of well-known and well talked about that Levy would kind of like to stay on in the event of ENIC becoming potentially a minority partner.”
Tottenham fans would not want Daniel Levy to stay on post the takeover
The table above shows that despite having the fifth-highest net spend over the last decade, Spurs’ achievements on the pitch are nowhere close to the other clubs.
All the sides in there and also Liverpool, who have a considerably lower net spend, have achieved varying degrees of success but have been winning silverware.
Spurs’ last trophy win was in 2008 and despite the club boasting impressive financial numbers, things do not seem to be going right on the pitch.
A lot of that blame is attached to Levy for making the wrong appointments behind the scenes, parting ways with Mauricio Pochettino when he did, yet giving Ange Postecoglou an extended stay when things are undoubtedly worse than they were under the Argentine.
Fans certainly want a fresh start with ENIC and Levy both leaving for good, but it seems like the latter is in no rush to go.