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Rumours are doing the rounds about the Lewis family potentially cashing in on Tottenham Hotspur after Daniel Levy’s exit, and a new report has now shed light on how much it would take for any potential investor to buy Spurs off ENIC’s hands.

Following Levy’s departure on Thursday, The Sun’s Alan Nixon suggested that the Lewis family is now considering a full sale of Tottenham.

However, this information has since been contradicted by other sources, who claim that ENIC want to usher in a new era at Spurs, which is focused on sporting success.

A new report has now revealed how much Tottenham’s majority owners value the club at, amidst interest from potential investors.

It would take £4 billion to buy Spurs off ENIC

The Daily Mail now say that even though Spurs insiders deny that Levy’s exit is linked to an impending bid for Tottenham, industry sources are not ruling out a sale.

The outlet claims to have spoken to officials at other Premier League clubs, who believe that Tottenham are ‘ripe’ for a takeover, given their London location and the revenue-generating potential of the club’s stadium.

The report adds that Levy’s astute running of Spurs has left the club’s finances in very strong shape compared to many of their rivals. As a result, it would take around £4 billion to complete a full takeover of Tottenham.

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Qatari sources deny Spurs takeover interest

There have been rumours over recent months that private investors from Qatar are looking to buy out Tottenham.

However, The Mail say that sources from the Middle Eastern country have distanced themselves from a move for the North London club.

The report adds that any interest in buying a minority stake or full buyout of Tottenham is likely to come from a US-based investment group rather than Qatar.

It has now been revealed that, as part of the new era at Tottenham Hotspur that the owners are trying to usher in, the club want to be competing with elite European clubs to sign the best players in the world.

The news of Daniel Levy’s departure from Tottenham took the supporters by complete shock, with no outlets or journalists catching wind of the monumental development before it unfolded.

Some sources have suggested that the Lewis family are trying to usher in a new era at Spurs and wants to prioritise sporting success.

As a means of doing that, it has now been claimed that the North London club’s transfer policy is about to change drastically.

Cash injection expected at Tottenham as they look to raise the bar

It has been revealed by TEAMtalk that Tottenham’s owners want this to be the beginning of an ‘ambitious new chapter’ at the club, and that is expected to be reflected in the club’s transfer activity.

The Lewis family have set their sights on reaching ‘unprecedented heights’ and want to implement higher standards at the club with a renewed vision of success.

In fact, it is explained that the transfer policy at Tottenham already shifted this summer, with the club targeting readymade players who are ready for the elite level despite initially eyeing younger starlets before the window opened.

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The report says that a cash injection is anticipated, with Spurs set to target ‘elite players’ across the next two years in order to give themselves a chance of competing for honours against the best clubs in Europe.

Tottenham officials want a change in the perception of the club

TEAMtalk say that high-ranking officials were left concerned by the perception of the club last season, amidst their struggles under Ange Postecoglou.

They are now demanding more from club personnel at every level as they set their sights on striving towards success.

The outlet suggests that we could see the club’s new transfer approach potentially kick into gear in January, with a top-class centre-back and a new attacking player expected to be on Tottenham’s radar.

Rumours are doing the rounds regarding the possibility of Tottenham Hotspur being sold following Daniel Levy’s departure, and a new report has now shed light on what the club’s majority shareholders, the Lewis family, are now thinking.

For more than a year now, there have been a lot of rumours of a mega-money takeover of Tottenham, but nothing concrete has materialised.

Naturally, some people connected the shock announcement that Daniel Levy has left his role as Tottenham’s chairman on Thursday, to the possibility of a change in ownership.

It has been claimed by The Sun’s Alan Nixon that the Lewis family are indeed considering a full sale of Spurs, 24 years after they secured the club from Alan Sugar.

Chances of change in ownership of Tottenham dismissed

However, those rumours have now been dismissed out of hand by Sky Sports journalists Lyall Thomas and Michael Bridge.

The pair reveal that the Lewis family remains committed to the long-term future of the North London club despite Levy’s dramatic exit on Thursday.

It is alleged that for the moment, the Lewis family are not considering selling their majority share of Tottenham.

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Spurs have held talks with potential investors

It has been widely reported over recent months that a group of private investors from Qatar have shown interest in a takeover of Spurs.

We also know that last year, former Newcastle owner, Amanda Staveley, held talks with Daniel Levy over investing in Tottenham Hotspur, while some sources have said that several American investors had shown interest in buying a stake in Spurs.

Daniel Levy retains a connection with ENIC despite stepping down as Tottenham’s chairman, and it has now been revealed whether he will have any role in the running of the North London club going forward.

Protests against Daniel Levy and ENIC reached a crescendo last season, with Spurs fans marching in the thousands, calling for Levy and ENIC to leave.

They have now partially got their wish, with Levy leaving his role as Tottenham’s executive chairman with immediate effect on Thursday.

Levy insisted that he is proud of what he and his team have achieved over the last two and a half years, insisting that Tottenham have been transformed into a ‘global heavyweight’.

Will Daniel Levy have any say at Tottenham?

Despite the 63-year-old stepping down, BBC Sport point out that Levy remains a shareholder in ENIC, the company that still own the majority stake in Tottenham Hotspur.

That means that Levy remains a part-owner of Spurs, but the outlet makes it clear that he will no longer have any involvement in the running of the club.

The report backs up what we have heard from other sources since last evening, explaining that the decision to move Levy on was made after a thorough external review of Tottenham’s operation earlier this year.

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Significant investment has been made into Spurs

BBC Sport say that the financial operation of Tottenham was also among the areas reviewed over the calendar year.

Following the review, the ownership decided to make a significant investment into Tottneham over the past few months, which is thought to have helped the Lilywhites in the transfer market.

A new report has suggested that Tottenham Hotspur’s announcement that Daniel Levy himself opted to step down as executive chairman of the club was untrue, with the decision taken out of his hands.

There has been some speculation that Levy’s departure may be a prelude to ENIC pushing through a full sale of Tottenham.

However, this has quickly been shut down by reports since last night, with the Lewis family expressing their commitment to bring sporting success to Spurs.

A new report has revealed that one aspect of Tottenham’s announcement on Levy’s departure was untrue, with the 62-year-old not leaving on his own terms.

Three figures played a key role in Daniel Levy’s Tottenham sacking

According to BBC Sport, Levy will leave Spurs with immediate effect and will not have a notice period at the club, which he oversaw for 24 years. The report claims that the timing of his removal after the end of the summer transfer window was a deliberate move.

Even though Tottenham said in their announcement that Levy has stepped down, the outlet claims that the decision was taken out of his hands. Spurs’ majority owners, ENIC, agreed that calling time on Levy’s tenure as chairman was required in order to bring greater sporting success to the North London club.

It is revealed that Joe Lewis only had a peripheral role in the decision for Levy to leave his post. Joe’s children, Vivienne and Charlie, are thought to have been key in making the decision, while his grandson-in-law, Nick Beucher, has also been involved.

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Vivienne, in particular, has been actively visible at Tottenham Hotspur over the summer, perhaps indicating a sign of things to come.

Levy had to work with one hand tied behind his back

BBC Sport also spoke to one source familiar with Levy’s work at the club, who suggested that the 61-year-old was given a very hard job.

Due to the lack of investment from ENIC, the source alleged that Levy had to operate with “one arm tied behind his back” throughout his tenure.

The long-serving Tottenham chairman thus had to work hard to diversify revenue streams, and the big question now is whether we will see a change in terms of the investment coming directly from the ownership.

A new report has suggested that Daniel Levy was not the one who decided to step down, but was rather pushed, with Tottenham’s majority owners, ENIC, making the change in order to prioritise sporting success at the club.

The news of Levy stepping down as executive chairman of Tottenham came out of the blue on Thursday night, catching everyone off guard.

The news of Levy’s departure has stunned the Spurs fan base, leading to plenty of speculation about what is likely to follow.

There have been suggestions that the Lewis family are now considering a full sale of Tottenham, but a new report has now suggested that their motivations for pushing Levy out the door may be entirely different.

Lewis Family want to prioritise sustained sporting success at Tottenham

According to The Telegraph, Levy’s departure was set in motion at the start of the year as a result of ENIC prioritising sustained sporting success.

The report claims that sources close to the Lewis family are now suggesting that the change has been made to put sporting success at the forefront and usher in a ‘new era’ at Tottenham.

The club’s majority owners set in motion an operational and sporting review at the start of 2025, which was carried out by American consultants, the Gibb River Group. Tavistock, the investment firm founded by Lewis, were also allegedly involved in the review.

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It was decided that Tottenham required further investment from the Lewis family trust, with Levy and other senior figures at the club being interviewed several times as part of the review.

Lewis family want a ‘fresh approach’ to running Spurs

The Telegraph explain that when they contacted Tottenham Hotspur for information about the review and Levy’s eventual departure, the club declined to comment.

However, Spurs fans will be encouraged by what one well-placed source close to the Lewis family told the outlet about their next steps.

The source told the publication: “Generations of the Lewis family support this special football club, and they want what the fans want – more wins more often.

“This is why you have seen recent changes, new leadership and a fresh approach. In Vinai, Thomas (Frank) and Peter Charrington, they believe they are backing the right team to deliver on this. This is a new era.”

Mauricio Pochettino was the manager of Tottenham Hotspur for more than five years, but his time at the club was almost cut short due to a massive opportunity.

Tottenham Hotspur finally won silverware last season and it had been a long time coming. Ange Postecoglou was the manager to finally end the 17-year wait for a trophy, but Mauricio Pochettino came close a number of times.

Pochettino certainly brought change to Spurs as, until he arrived, the North Londoners rarely finished inside the top four. Pochettino led Tottenham to the Carabao Cup final in his first season at the club and his side qualified for the Champions League in the four seasons which followed.

However, even after taking Spurs to the final of the Champions League, Pochettino was sacked as Tottenham plummeted and suffered humiliating results against Bayern Munich and Brighton and Hove Albion.

Mauricio Pochettino came close to leaving Tottenham sooner than first thought

Pochettino was well-loved during his time at Tottenham, but the Argentine boss would have actually left North London sooner if Daniel Levy had given him permission.

Real Madrid offered Pochettino a chance to replace Zinedine Zidane as the club’s manager, but Tottenham had no interest in giving him what he wanted.

Pochettino told El Chiringuito TV: “I don’t know whether to tell the story or not. Zidane is leaving and logically, there’s the possibility of signing for Real Madrid. Surely other coaches too.

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“I had given Levy my word that I would stay until Tottenham ‘s new ground was finished. At that moment, I told him that I would go to Madrid if Levy gave the OK. I don’t know what happened afterwards. Surely he didn’t give the OK.

The football world was taken by surprise on Thursday when Daniel Levy stepped down as executive chairman of Tottenham Hotspur after nearly 25 years in the role.

Pochettino missed out on an opportunity to win the Champions League

Pochettino may have reached the Champions League final a year after he was barred from taking the managerial position at Real Madrid. However, this achievement was quite extraordinary considering what little money had been spent on improving the Tottenham first-team squad.

Had Pochettino been allowed to join Real Madrid, who had just won the Champions League for a third consecutive season, he would have had a better chance of winning the ultimate club trophy.

Pochettino was later able to manage another top European side in PSG, but his time in France did not go according to plan.

A football finance expert has now explained what the expected outcome is likely to be in Tottenham Hotspur’s legal battle against INEOS regarding an alleged breach of contract.

Over the last few months, Spurs Web has been bringing you regular updates about the claims and counterclaims made by the North London club and INEOS after the multinational corporation reneged on a commercial agreement.

INOEOS announced a multi-million-pound, five-year deal with Spurs in December 2022 to promote the INEOS Grenadier car as the club’s ‘official 4×4 vehicle partner’.

However, the firm, which owns a minority stake in Man United, ended the agreement prematurely last year, and Tottenham took High Court legal action on June 12 against INEOS, demanding compensation for their losses.

It was revealed that Spurs were seeking £11m from INEOS, which includes £5.5m for missed payments last year, another £5.3m for the 2026-27 campaign, the final year of the sponsorship deal, and an additional £300,000 in interest.

Tottenham and INEOS are expected to reach a settlement

Last month, it emerged that INEOS is counter-suing Tottenham, claiming that the club had started negotiating with a competitor for rights that were exclusive to them under their agreement.

Football finance expert Stefan Borsen has now opined that Spurs are indeed due to be compensated by the Man United owners, and backed the two parties to settle outside the court.

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Borson told Football Insider: “I think they’ll settle it, so I don’t think they’ll ever go to court. It’s quite interesting that basically what happened was Spurs were trying to sell Harry Kane and as part of that, Bayern obviously made an introduction to Audi and I think Audi got quite close to doing a deal but didn’t.

“As part of Audi potentially doing the deal, Tottenham Hotspur offered INEOS some additional benefits and rights in the sponsorship, but only if Audi took the sponsorship.

“Anyway, time passes, Audi don’t take the sponsorship, but INEOS, given that they love a deal, went to Spurs and said, ‘Well, look, why don’t you give us the extra benefits anyway? Effectively wrap them in, throw them in for free’.

“I think partly because Spurs have a new commercial team and a new commercial lead, they agreed. They weren’t probably quite specific enough that they were agreeing the extra rights to INEOS, but probably didn’t want to give them extra termination rights.

“But if you read the cases, I think that INEOS will succeed in saying that all of the rights that were potentially additional, including the termination right, were given to INEOS.

“Anyway, a few months passes, and INEOS take both the additional rights and also take the ability to terminate early and issue a termination. But I don’t think that termination means that they shouldn’t pay the bit that was outstanding according to Spurs, and that was an indexation fee.

“It’s basically a fee that says that you take the base fee and you index link it effectively for inflation, so I think that money does seem to be owed by INEOS.”

Could this affect Spurs’ relationship with Man United?

It is perhaps a little surprising that Spurs have threatened legal action against INEOS, given that it is in their interest to maintain a good relationship with the other Premier League clubs.

In the PSR era, we have seen direct rivals selling players to each other much more often than they did previously, as all clubs strive not to breach the financial restrictions.

One thus cannot rule out the possibility of Tottenham wanting to do a deal with Man United in the near future, but this legal tangle would undoubtedly make that harder.

Tottenham’s latest signing, Randal Kolo Muani, has picked up a rather unusual shirt number, and it has only been worn by a handful of players in the club’s history.

Tottenham Hotspur were eager to strengthen their attack even further on deadline day with a few names linked with a move to north London.

Ademola Lookman was on Tottenham’s radar, but Spurs could not land the Atalanta man, having not been able to strike a deal with the Serie A side, which wanted a permanent transfer.

Savinho was another player who had been considered, and even though Manchester City’s stance was made clear long before the September 1 deadline, Tottenham remained hopeful that they could still push something through for the City winger.

Every previous player to wear Tottenham’s No.39

Regardless, a determined Tottenham landed Randal Kolo Muani on deadline day, a player whom they had chased during the winter window, bringing him in on a straight loan, without any option or obligation to make the move permanent.

Kolo Muani has taken the number 39 shirt at Tottenham, a number rarely used throughout the club’s history, with only a handful of players having worn the shirt.

Here are the players who previously wore the number 39 shirt at Spurs, via Spurs fandom:

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Randal Kolo Muani’s shirt numbers at previous clubs

Of course, Randal Kolo Muani’s spell at Tottenham will ultimately be judged by what he delivers on the pitch rather than the number on his back, yet it is still an intriguing detail given how unique the choice is.

The French forward has never appeared to favour one number consistently, as his previous selections across clubs do not follow any particular pattern.

Kolo Muani has never worn the number 39 shirt before in his career, having instead used a range of numbers such as 23, 9, 10, 11 and 20.

Tottenham Hotspur have shown plenty of promise under Thomas Frank, and we have already seen a glimpse of what life will be like under the Dane.

Tottenham Hotspur have enjoyed a solid start to life under new boss Thomas Frank, who replaced Europa League winner Ange Postecoglou following his sacking.

While his start as Tottenham manager has not been flawless, supporters will feel encouraged, as Frank has collected six points from a possible nine in the Premier League so far.

The Dane has Spurs sitting in fourth place, and he has impressed in stern tests against both Manchester City and Paris Saint-Germain, showing his side is capable of competing with the very best.

A victory over the Citizens and a draw against the Champions League winners in ninety minutes in the Super Cup final highlights a Tottenham team that is progressing, but with clear areas to improve on.

So what exactly have we learned from Tottenham in the opening weeks of the season? Here are four things that stand out so far.

Mathys Tel must take his chance to impress at Tottenham

If there is one thing certain about this Tottenham side, it is the competition for places in attack, with Frank having a variety of options and profiles to rotate across the front line.

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Brennan Johnson can comfortably play on either wing, as can Mathys Tel, Wilson Odobert and Mohammed Kudus, while Richarlison and Randal Kolo Muani offer flexibility through the middle as well as on the flanks.

Yet, when Frank submitted his UEFA Champions League squad for the league phase, Tel found himself down the pecking order, which is a concern considering Tottenham only just made his move permanent this summer with a £30m outlay.

At 20 years old, he has time to change his fortunes, but he must take every opportunity presented to him if he is to fight his way back into the squad. Djed Spence is a clear example of how to battle back into a manager’s plans.

There is no way back for Yves Bissouma

While there is still hope for Tel to climb back into contention, Yves Bissouma’s situation feels very different, as the Mali international now looks destined to leave.

His omission from both the Super Cup and Champions League squads speaks volumes, and with Joao Palhinha brought in on loan, Frank appears to have already made up his mind about the 28-year-old midfielder.

With reports of interest from Fenerbahce and the transfer window still open elsewhere, Bissouma could well depart in the coming weeks, and at this stage, it is hard to see any way back into the Tottenham fold.

Pedro Porro needs to improve defensively

Defensively, Tottenham under Frank have looked relatively strong, with two clean sheets in their opening three league matches, a foundation the manager will want to build on.

However, there remains a weakness on the right side, as Pedro Porro has already been dribbled past six times this season, more than any other defender in the league.

It is a worrying trend that underlines the Spaniard’s defensive vulnerability, and one that Frank will need to address quickly if Tottenham are to continue looking solid at the back.

Savinho signing would have transformed Tottenham’s transfer window

Tottenham’s summer business was largely positive, with six arrivals addressing key positions, yet the absence of one signing still lingers in the minds of supporters.

The biggest disappointment is undoubtedly missing out on Savinho, who was keen on a move to Tottenham, but Manchester City refused to entertain offers for the Brazilian winger.

His addition would have elevated Tottenham’s attacking threat further, adding another one-versus-one outlet and a touch of unpredictability on the flank alongside Kudus.