Private investor shares revealed at Tottenham as takeover code emerges after Lewis family latest
Tottenham continue to navigate the post-Daniel Levy era amid growing takeover speculation in recent weeks.
It came as a surprise to many when Levy resigned from Tottenham, especially after he made big calls in sacking Ange Postecoglou and replacing him with Thomas Frank.
Since Levy’s departure, the Joe Lewis family have been controlling Tottenham behind the scenes, as plans for the January transfer window have started to formalise.
The Lewis family and ENIC were thought to be gearing up for a sale of Tottenham, but emerging reports have called that into question.
Tottenham ‘not for sale’ with shares still held by private investors
American multi-millionaire Brooklyn Earick has been interested in buying Tottenham, but his efforts have taken a backseat.
According to Kaveh Solhekol for Sky Sports, the Lewis family are committed to helping Tottenham achieve long-term success.
- The Lewis family have consistently been involved in big decisions at Tottenham
- The family played a big part in funding Tottenham’s current stadium
- They want Tottenham’s ownership to remain private and not publicly traded
It’s also been revealed that some Tottenham shares are still held by private investors, meaning anybody who wishes to buy the club must follow the rules of the Takeover Code.
The code requires serious buyers to publicly state their intentions about buying Tottenham, as all potential buyers have now confirmed that they will not be placing bids at this time.
With the Lewis family almost guaranteed to be running Tottenham for at least the next six months, they now have the biggest responsibility to help them to success this year.
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Lewis family need to back Thomas Frank in the January transfer market
It’s all well and good for the Lewis family to state their intention to help Tottenham achieve success, but that will be determined in the January transfer window.
Tottenham have made a great start with Frank this season, as the North London club sits third in the Premier League heading into the second international break.
Although his Spurs side looks strong, if they are to achieve anything this season, Frank will need that extra bit of quality to push his team over the line.
January presents itself as a massive opportunity for the Lewis family to show their commitment to Tottenham and their fans, after Levy‘s shock exit.
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