City insiders have doubted whether Levy could get £1bn for his shares, given it is a minority stake and offers no position of influence or power. His stake does not give him any preferred bidder status for control of Tottenham.
Not only does Levy’s stake come with no voting rights, place on the board or position of influence at Tottenham, it does not give the holder any first refusal or preferred bidder status if the club are ever sold.
— Matt Law, The Telegraph
”My understanding at this stage is that nobody has met Levy’s valuation. Now, we heard some reports suggesting that two failed prospective bidders, who were ruled out to buy 100 per cent of Tottenham, are going to team up and try to take Levy’s 29 per cent.
”One of them is the former DJ, Brooklyn Earick, and the other is Hong Kong-based businessman, Ng Wing-Fai, who put together a broader group.
“… Spurs sources I speak to say two things really clearly.
”One, they’ve not been informed that Levy is about to sell and two, there is scepticism that whether the individuals that were named in the press have the funds to meet Levy’s valuation.
”The other thing to note is that this isn’t a trojan horse into the club, so if somebody buys Levy’s stake, it comes with no power, and Tottenham are adamant that you can’t then go and take more shares off more people and get a longer-term pat to buying the entire club.
“So it’s a lot of money and ultimately, even if someone does buy Levy’s 29 per cent, they’re not going to get any control of even voting power.”
— Ben Jacobs, talkSPORT
”I had a very brief exchange with Daniel, he was on a flight, just to get some sort of understanding of where he is in it all so that you can get some degree of ‘from the horse’s mouth’.
”His opinion, these guys don’t have the money and are creating noise, and publicity. So, whether that’s positioning from Daniel about the fact that he wants to call their bluff...
”I mean listen, let’s be clear, he will sell his shares in ENIC, that’s what he’ll do if the price is met, and take the opportunities that that kind of money will present to him.
“… The deals that get done are the ones that you hear about at the last minute. There’s a few exceptions, we know there’s a few exceptions, that we get to hear it from the beginning, from its gestation, to its end product. But most of the time when it’s big deals or football clubs being sold, or major shareholdings being sold, you tend to hear about it just as it’s about to be done or when it’s done.
”So in this instance, it looks like people are running around, running their mouths and don’t have the cash to do it.”
— Simon Jordan, talkSPORT