ENIC denies – A group including a Taiwanese financier worth close to £7bn announced it had struck a deal to buy 24.99% of Daniel Levy’s 29.88% stake in Tottenham’s majority owner ENIC. But ENIC later said it was unaware of any sale by Levy’s Family Trust, leaving the club’s
Early on Friday afternoon, a group described by its backers as a serious new force in Tottenham’s ownership circle announced it had struck a deal involving Daniel Levy.
The consortium says it has agreed to buy 24.99% of the former chairman’s 29.88 holding in the club’s majority owners ENIC. It put forward a Taiwan-based financier described as being worth close to £7bn as part of the wider plan.
Eight Sports Capital, which its own release described as including billionaire businessman Richard Tsai and two other individuals, claimed an agreement had been reached with Levy. The announcement landed after Levy made an abrupt exit following 25 years in the role last September.
In a release to the media sent by global communications firm Sodali, the group said: ‘We look forward to working with the club’s shareholders, management, staff, players and fans to support Tottenham Hotspur’s continued growth and success.’
But before the day could settle into its new narrative, ENIC moved to draw a hard line around what it knew.
Late on Friday, ENIC issued a statement of its own. The company did not directly address whether a deal had been agreed. Instead, it said it was unaware of any sale.
A spokesperson for ENIC said: ‘We can confirm that neither ENIC nor THFC are aware of any sale by Daniel Levy’s Family Trust of its minority stake in ENIC, THFC’s parent company.
The THFC Board and Executive Team remain fully focused on delivering the commitments we set out to fans at the end of the season.’
The disagreement puts the spotlight back on the shareholdings in question, and on who—at least in public—controls the message around Levy’s remaining interests.
The group behind the claims also included Wing Fai Ng, who was reported to have led a bid from a Hong Kong consortium that was rebuffed. It also named Brooklyn Earich, an ex-DJ and tech entrepreneur, who was reported to have failed in a separate, 12-person £4.5bn takeover bid.
For Tottenham fans, the stakes are simple even if the paperwork is not: what looked like movement in the ownership story in the early part of Friday has been met by a blunt response from the club’s current majority owner that it knows nothing about the alleged sale.
With ENIC and THFC insisting they have no awareness of any transaction by Daniel Levy’s Family Trust. the situation now hinges on whether the consortium’s announcement and the ownership line taken by ENIC can be reconciled—and whether the claimed 24.99% stake transfer is real. pending. or a misstep in what was communicated to the market.
Tottenham Daniel Levy ENIC Eight Sports Capital Richard Tsai Wing Fai Ng Brooklyn Earich Sodali THFC ownership dispute Premier League
So ENIC is like “we didn’t know” but they’re the majority owner?? sounds convenient.
I swear these ownership rumors move faster than our transfers. If Levy’s family trust sold something then of course ENIC would deny it first right? paperwork is probably messy.
Wait I’m confused… the consortium said they bought 24.99% of Levy’s ENIC stake, but ENIC says they don’t know about the sale by the Family Trust. How can it be “agreed” then not? Also the Taiwan guy worth £7bn like… is that legit or just marketing.
Brooklyn Earich ex-DJ?? that’s who I want running Tottenham, lol. But seriously, this feels like another rich people chess thing where fans get stuck watching everyone argue about shares instead of signing players. If ENIC didn’t know then maybe it wasn’t real yet, or they’re just trying to control the narrative.