Chairman Levy virtually announced that Tottenham's replacement is not needed, and both proposals to never sell the 4.6 trillion club were rejected
Sep 08, 2025
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Tottenham announced on its official website on the 8th (Korea time) that it has no intention of selling the club. The club stated that the Tottenham board is aware of recent media reports and that ENIC Sports & Development Holdings Limited (ENIC), the club's majority shareholder, has received a separate expression of interest in relation to the offer to acquire equity capital owned by ENIC from PCP International Finance Limited and an investor consortium led by Dr Roger Kennedy and Wingify Ngyi Firehawk Holdings, but has clearly rejected this.
Given that 'ENIC is Tottenham's majority shareholder, if an offer is made and made for the acquisition of ENIC, a mandatory tender offer is also required for Tottenham shares not held by ENIC in accordance with Article 9 of the acquisition regulations. 'The club's board and ENIC announce that Tottenham is not subject to sale, and ENIC has no intention of accepting an offer to buy a stake in the club'
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Joe Lewis, who leads ENIC, Tottenham's majority shareholder, was not very interested in running the club. But the children were different. Lewis's family has now decided that Tottenham needs to expand its size further as it moves away from chairman Levi's system and into a new system. This led to the dismissal of Chairman Levi. Levy has a stake in Tottenham, but he can no longer play his role as chairman.
After the decision to reject chairman Levi, rumors in the UK were constant that the Lewis family would sell Tottenham. This is because chairman Levy has also moved in the past few years to find a new Tottenham investor. Chairman Levy has frequently met with big names in the Middle East such as Saudi Arabia and Qatar.
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The Lewis family continue to stress that they have no intention of selling the club and that Levy's resignation was solely a decision for new change. Currently, Tottenham's club is valued at $3.3 billion (about 4.5879 trillion won). This ranks ninth among the world's football clubs.
This article was translated by Naver AI translator.