ENIC rebuffs takeover approaches
Tottenham Hotspur announced on Sunday that ENIC Sports & Developments Holdings Ltd, its majority shareholder, has “unequivocally rejected” two preliminary approaches to buy the club. The statement confirmed that Spurs are “not for sale” despite heightened speculation following the resignation of long-serving executive chairman Daniel Levy.
Levy’s departure sparks takeover rumors
Levy, who spent nearly 25 years as chairman, stepped down last week after becoming one of the Premier League’s most influential and controversial figures. His tenure brought Spurs major commercial growth and a world-class stadium, but also fan protests over trophy droughts. Reports suggest he and his family hold about 30% of ENIC, with UK businessman Joe Lewis’s family controlling the majority.
Rejected bids
The board revealed that two separate groups had expressed interest:
- Amanda Staveley’s PCP International Finance Limited, best known for involvement in Newcastle United’s 2021 Saudi-backed takeover.
- A consortium led by Dr Roger Kennedy and Wing-Fai Ng through Firehawk Holdings Limited.
Both proposals were dismissed outright. ENIC holds nearly 87% of Tottenham shares and reiterated it has “no intention” of selling.
Club statement and future direction
The club stressed that Levy’s departure was part of a broader plan to position Tottenham for “long-term sporting success.” Levy himself described his work as building Spurs into a “global heavyweight,” while promising to continue supporting the team as a passionate fan.
Tottenham remain in transition off the pitch, but ownership has made clear there will be no change at the top despite outside interest.
