Tottenham takeover twist as Sky Sports share new Lewis family decision after Levy exit
Daniel Levy has made the shock decision to step down as Tottenham chairman sprouting chaos in North London.
Tottenham’s announcement that Levy has stepped down as chairman produced a mixed reaction from fans.
His time in North London was often characterised by supporters begging for his dismissal after several failed transfer attempts. Ironically, this transfer window was the best Spurs has seen in years.
Mohammed Kudus arriving at Tottenham for £55million, with Xavi Simons landing at Spurs for £51.8m is hardly something fans can turn their nose up at. However, like most things in life, all things come to an end and that rings true for Levy.
Lewis family remain committed to Tottenham
As reported by Lyall Thomas via X on Thursday, 4 September, the Lewis family remain committed to the long-term future of Tottenham and are not looking to sell their majority share.
This will come as a shock after it was suggested that a takeover bid at Tottenham would be encouraged if Levy had previously made it difficult.
With Tottenham widely known to be valued at over £3bn, finding suitors would be a tough ask. But as it stands, it seems that the Lewis family will remain as the majority shareholders of the North London club, with a potential takeover being downplayed for now.
What are the Lewis family’s shares at Tottenham?
Since December 2000, Tottenham have been owned by the ENIC Group, which includes Lewis and Levy.
- The group gained full control of the North London club from Sir Alan Sugar in 2007
- The ENIC Group currently has around 86.50 per cent ownership of Tottenham after increasing its shareholding from the 29.9 per cent it initially purchased
- Minority investors own the remaining estimated 13.40 per cent of Spurs’ shares
As it stands, the Lewis family itself owns the majority share of around 70.6 per cent while Levy and his family own around 29.4 per cent. While Levy has stepped down as chair it is believed he and his family still own their stake in the club.
With Levy stepping down as Tottenham chairman, a new age has fallen on the North London club. Winning the UEFA Europa League with Ange Postecoglou has created a series of events where Spurs value winning above all.
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