Daniel Levy Sells 24.99% ENIC Stake to Eight Sports Capital Limited
Daniel Levy sold a 24.99 per cent stake in ENIC Sports and Developments Holdings Limited to eight sports capital limited. The deal leaves him with around four per cent of ENIC, tightening his hold on Tottenham Hotspur’s majority shareholder.
ENIC’s 70/30 split
70/30 was the starting point before the sale, with ENIC split between the Lewis family trust and Levy’s family share. The British Virgin Islands-registered buyer agreed to take the 24.99 per cent stake from the trustee of Levy’s family trust, moving ownership inside the company without changing Tottenham’s day-to-day obligations to players, staff and shareholders.
Over 85 per cent of Tottenham Hotspur sat under ENIC before this transaction, while around 30,000 minority investors held the other 13 per cent. That structure meant any change in ENIC’s stakeholding carried more weight than a simple private transfer; it touched the entity that sits above the club and the investors already outside the controlling block.
Eight Sports Capital Limited steps in
“We are delighted to have signed this agreement to acquire a significant stake in ENIC.” A spokesperson for Eight Sports Capital Limited added that the firm looked forward to working with the club’s shareholders, management, staff, players and fans to support Tottenham Hotspur’s continued growth and success. The statement gives the buyer a direct role around the club’s ownership table, not in its football operations.
£500m is the revenue figure Levy has been credited with helping build at Tottenham alongside a stadium and commercial deals with the NFL and Formula 1. That history sits alongside a separate ownership fact: Levy was Tottenham chief executive until his sudden ousting at the start of last season, so this sale further reduces the stake attached to his family trust.
Lewis family says no sale
“We are not selling the club.” The Lewis family said that after the Premier League season, along with the statement, “We are all in, we are investing in it. You will see more of this in the coming months.” The family also said, “We care deeply about Spurs. The rebuild the club needs, and you deserve, has begun. The change required is deep. It will take time and commitment, but change is happening.”
For shareholders and minority investors, the practical change is the new balance inside ENIC: Levy is down to around four per cent, Eight Sports Capital Limited has a 24.99 per cent stake, and the Lewis family trust remains part of the controlling structure. The next issue is how that altered split shapes decision-making around Tottenham’s ownership rather than the club’s matchday schedule.
