The Lewis family insist that Tottenham is not for sale, despite questions over the club’s hierarchy arising after Daniel Levy’s shock exit, BBC journalist Sami Mokbel has revealed.
Levy departed his role as executive chairman last week, ending his near 25-year tenure in North London, which made him the Premier League’s longest-serving chairman.
The 63-year-old’s departure triggered speculation that a takeover bid could be imminent, but, according to Mokbel, sources close to the Lewis family insist the club is not on the market.
The Tottenham board issued a statement on Sunday, claiming it had ‘unequivocally rejected’ two expressions of interest in acquiring the club – one from former Newcastle United shareholder Amanda Staveley’s PCP International Finance Limited.
Staveley is expected to release a statement on Monday declaring she has no intention of lodging a bid for the club, despite recent speculation linking her Qatari-backed consortium with a takeover.
Staveley Set to Issue Tottenham Statement
Mokbel, writing on X, revealed that the Lewis family maintain their stance that Tottenham is not for sale, with Staveley expected to confirm she does not intend to bid for the club:
UK businessman Joe Lewis and his family own the majority of ENIC, which holds almost an 87% stake in Tottenham, with the remaining shares owned by a group of minority investors.
Levy, who departed his role as Tottenham’s executive chairman on Thursday, reportedly owns a stake of almost 30% in ENIC, while Lewis, ENIC’s majority owner, transferred control of his stake in Spurs to his family trust in 2022.
Staveley was repeatedly linked with a move to buy Tottenham through PCP International Finance over the past 12 months, while early in 2023 Iranian-American billionaire Jahm Najafi was also said to be readying an approach, reportedly worth £3.1bn.
Any potential takeover of Spurs, no matter the bidder, would reportedly have to exceed £3.5bn in value to be considered acceptable, according to reports.