Another Daniel Levy ally leaves Tottenham as crucial PSR decision imminent
Source: BootRoom
Published 9 hours ago
Daniel Levy cast a long shadow at Tottenham and if ENIC want a full cultural reset, it will take some time before the former chairman’s influence fades away for good.
For one, Levy is still a shareholder. He owns just shy of 30 per cent of ENIC, who in turn own somewhere in the region of 85 per cent of Tottenham. The remaining equity is held by private investors who bought shares on the London Stock Exchange when the club was still a listed company.
Incidentally, some of those shareholders may have had their stakes in the club as far back as 1983. If ever there came a time when they were able to cash in as part of a full takeover, the markup would be off the charts. Most analysts peg Spurs’ enterprise value at around £3-4bn.
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What’s more, Levy’s son – Josh Levy – remains the co-CEO of Tavistock, the Bahamas-based entity which houses Joe Lewis’s various investments, ultimately including the North London club itself through ENIC.
Tottenham ownership diagram encompassing ENIC and Daniel Levy Credit: Adam Williams/TBR Football/GRV Media
The head of the Levy family spent nearly a quarter of...
Continue Reading: Another Daniel Levy ally leaves Tottenham as crucial PSR decision imminent
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