The Lewis family has strengthened their control over Tottenham Hotspur Football Club following a recent £120 million financial injection, further diminishing the stake of former chairman Daniel Levy.
The owners of the London club, through their investment firm ENIC, are committed to restoring the team to the upper echelons of the Premier League: over the last 12 months, they have invested a total of £320 million into the club. Vivien Lewis and her son-in-law, Nick Boshier, have assumed a more active role in management, directly assisting CEO Vinai Venkatesham and non-executive chairman Peter Charrington, while consistently rejecting any offers to sell the club to outside buyers over the last two years.
The latest tranche of £120 million, aimed at boosting working capital, officially raised ENIC's stake in Tottenham to 89.06%. Meanwhile, 64-year-old Daniel Levy, who did not take the opportunity to proportionally invest in this round, has seen his share in ENIC drop significantly: from 29.8% last October to 27.38% in June, and now down to exactly 25% after missing two investment rounds.
According to the latest update on the club’s investor relations page, the ownership structure is now as follows: ENIC Sports, Inc. holds 89.06% of the club's ordinary shares (up from 88.30%). Additionally, the discretionary trusts of Joe Lewis control 75% of ENIC, while Daniel Levy's trusts hold just 25%.
Levy lost his position as chairman of the Londoners in September 2025 after a 24-year tenure. Rumours surfaced in June regarding his negotiations to sell a significant portion of his stake in the British Virgin Islands-registered company Eight Sports Capital, led by Triller Entertainment CEO Wing-Fai Ng and tech entrepreneur Brooklyn Eric—figures behind two of the three attempted takeovers of the club that were rejected last year. The third participant in the deal was Taiwanese billionaire Richard Tsai, co-owner of Triller and the Fubon Financial holding.
Owners' message: A firm promise after disappointing seasons
After narrowly escaping relegation on the last day of last season and finishing 17th in the league for two consecutive campaigns, the Lewis family issued a direct official message to fans for the first time:
To our supporters. As owners for 25 years, we have shared the highs and lows of Spurs with you. Finishing 17th in the last two seasons does not reflect the status and potential of the club. We are deeply disappointed and share in your pain. You and we expect much more, and this should never happen again.
Our approach to management has always been about trusting professionals and supporting them. The problems we've identified are deeper than we realised and have been building for years. This has undermined trust, and we must rebuild it. As owners, we take full responsibility for the current situation.
We also take responsibility for the team’s rebuild. Our goal is to restore the club’s spirit, fearlessness, and bold football that has always defined Tottenham. Football is our priority. The board has presented detailed plans that require investment in the first team, academy, and staff. We are not selling the club under any circumstances. We are fully committed to the process and are investing funds. The rebuild has started; it will take time, but change is already happening. Actions will speak louder than words. The Lewis family.
Despite a major summer transfer campaign spending over £300 million, Tottenham have yet to secure a victory in the current Premier League season. However, a 1-1 draw away to Manchester United has allowed the Londoners to climb off the bottom of the table ahead of next week's home match against Coventry City.
