Daniel Levy is reportedly struggling to complete the sale of his Tottenham Hotspur stake, with Bloomberg revealing delays, dilution and uncertainty surrounding a proposed £1bn deal.
Daniel Levy’s effort to sell his stake in Tottenham Hotspur has reportedly hit major roadblocks, a year after he left the football club as executive chairman.
In June, Eight Sports Capital said it would buy 24.99 percent of Levy’s ENIC shares. Since ENIC owns 88.3 percent of Tottenham, this deal would give the group about a 22 percent stake in the club.
Eight Sports Capital is led by Hong Kong businessman Wing Fai Ng and is said to have support from Richard Tsai, chairman of Fubon Financial Holding. Bloomberg estimates Tsai’s wealth at $12.2 billion.
Even with strong financial backing, talks have stalled over how the money will be transferred. Bloomberg says lawyers for both sides are still working out the details, and several payment deadlines have already passed without the deal being finished.
Levy reportedly still believes the sale will go through because Tsai is involved. But Bloomberg’s sources say the delays have made Levy ask for interest on the unpaid amount and extra compensation, which may include use of a private jet.
The longer this drags on, the weaker Levy’s position may get. The Lewis family, who control most of ENIC, recently put another £120 million into Tottenham, after investing £200 million the year before.
Levy needs to buy new shares when they are issued if he wants to keep his share of the club. Since he no longer works at Tottenham or has a say in running it, if he does not invest more money, his stake could shrink.
This is a surprising turn for Levy, who was known as one of football’s toughest negotiators. Over nearly 25 years, he changed Tottenham’s business, kept a tight grip on wages, and led the building of the £1 billion Tottenham Hotspur Stadium.
The new stadium made Spurs much more than just a football club. It now hosts NFL games, concerts, and other big events, giving Tottenham extra income beyond Premier League matches.
However, Levy’s relationship with the Lewis family deteriorated amid disagreements over how to run Tottenham. He was removed as chairman in September 2025 and has subsequently attempted to sell his stake.
The future of the Eight Sports Capital agreement nevertheless remains uncertain. The investment group reportedly considered withdrawing after setting a mid-September deadline to complete the deal.
