Firm claims Levy sold it stake in Tottenham Hotspur

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Former Tottenham Hotspur Chair Daniel Levy is “claimed to have sold” 24.99% of his stake in the Premier League club’s parent company, Enic, “without the knowledge of the club’s owners.” The claim was made by Eight Sports Capital Limited in a press release Friday. An Enic spokesperson said, “We can confirm that neither Enic nor Tottenham Hotspur are aware of any sale by Daniel Levy’s Family Trust of its minority stake in Enic.” The sale of 24.99% of his stake would leave Levy with a 4.89% shareholding in Enic. Eight Sports Capital CEO Brooklyn Earick has reportedly joined forces with Hong Kong businessman Ng Wing-fai and Taiwanese businessman Richard Tsai to submit a bid. A purchase of a 24.99% stake in Enic would fall under the 25% threshold for the Eight Sports Capital group to be subject to the Premier League’s Owners and Directors’ Test.” Levy’s stake would come with “no voting rights, place on the board or position of influence at Tottenham,” and it does “not give the holder any first refusal or preferred bidder status if the club are ever sold.” The Lewis family has “insisted Tottenham are not for sale” (London TELEGRAPH, 6/5).