Why Daniel Levy’s son could have a huge impact on the future of Tottenham Hotspur
Amidst a new development in Tottenham’s ownership via Tavistock, Daniel Levy’s son may now have the power to sign off on any investment into Spurs or even a takeover of the North London club.
Tottenham’s ownership structure is no longer as straightforward as it was until a few years ago.
Previously, through ENIC, Joe Lewis was the club’s overwhelming majority shareholder, while Daniel Levy owned about 30 per cent of ENIC, which translated to around a quarter of Spurs.
However, TBR Football explain that things changed in 2023 when Lewis transferred his shares to a family trust in 2023 following his conviction for insider trading, with the Trust overseen by Spurs board members Peter Charrington and Katie Booth.
ENIC is owned by the investment company Tavistock, whose ownership structure post-Lewis is not publicly documented, but his kids, Vivienne and Charles Lewis are listed as the managing directors for Tavistock.
Daniel Levy’s son could have power over Tottenham deals
It has now been revealed by Bloomberg that Tavistock’s chairman, Shehan Dissanayake, has stepped down from his role.
That means that the two new co-CEOs of the company are Nick Beucher, who is the husband of one of Lewis’ grandchildren, and Josh Levy, the son of the Tottenham chairman.
Therefore, should Spurs decide to sell a stake in the club or the entire club to potential investors, Josh Levy could have the final sign-off on the deal.
Spurs are attracting takeover interest but nothing concrete has materialised
It has been rumoured over recent months that a group of private investors from Qatar have shown interest in a takeover of Spurs, but much to the consternation of the Tottenham supporters, nothing has materialised so far.
Just last month, one source claimed that Spurs were in talks over selling a minority stake in a deal which values the whole club at £5 billion, but once again, that appears to have been little more than paper talk.
Earlier this year, it was revealed that several American investors had shown interest in buying a stake in Spurs while it was claimed last year by several outlets that former Newcastle owner, Amanda Staveley, had held talks with Daniel Levy.
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