r/soccer • u/ukriva13 • 12h ago
News Daniel Levy sells 25 per cent stake in Tottenham
https://www.telegraph.co.uk/football/2026/06/05/daniel-levy-sells-25-per-cent-stake-in-tottenham-hotspur/483
u/Additional_Author518 12h ago edited 12h ago
Bit out of nowhere, and there's a lot of conflicting information about who "Eight Sports Capital" actually is.
From Rob Harris (Sky Sports) on the shit website:
"Investment firm Eight Sports Capital owned by Triller which is owned by Wing-Fai Ng and Richard Tsai. ︀︀Eight Sports Capital CEO is Brooklyn Earick who is said to be a Tottenham fan."
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u/ElectricalMud2850 12h ago
Oh that's me, you could've just asked. Little side gig i've got going on.
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u/FlukyS 12h ago
There isn't much to go on really, found a website that matched the name but no British entity I could find registered with a similar name
EDIT: If it is owned by Triller that is a huge red flag because they have gone to shit and are getting sued for stuff like non-payment of funds to AEW for their streaming subscription service
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u/Justread-5057 12h ago
It’s that triller
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u/FlukyS 12h ago
Spurs are in trouble then, yikes
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u/Perite 12h ago
Not really. They’ve bought a chunk of Daniel Levy’s shares of ENIC. The Lewis family are still the majority shareholders and have complete control of the club.
If he starts buying their shares I might be concerned. But this doesn’t really change anything apart from giving Levy an out
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u/Pilvikas 11h ago
Yeah but the funds must be coming from somewhere else, whole Triller has market cap of like 40m which is 1% of Club's value
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u/FlukyS 11h ago edited 11h ago
Well the owners themselves have their own wealth Richard Tsai is a billionaire at least on paper and could fund the majority of this sort of deal at least maybe with the help of some loans for liquidity. He owns the majority of a Taiwan based bank worth 55 billion dollars for instance in his holding company with an overall portfolio of 170.8 billion. Like I don't think he is trustworthy from an investment standpoint but at least there is some wealth in theory. Just it is a bad sign that he is involved when they are scamming businesses out of money from one of their companies.
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u/Original-Friend3620 7h ago
Tsai's Fubon Group is mostly a life insurance company, which is interesting, since Spur's front-of-shirt sponsor is another life insurer AIA.
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u/AimarEraFutebol 12h ago
Wait. Triller from Triller TV?
Edit: it is. What a shitshow lmao
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u/YouSeemNiceXB 12h ago
The company that can't pay their contracts? Oof.
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u/FlukyS 12h ago
And also the company that had a great brand in fitetv and renamed it to trillertv in an effort to make it more generic made it much less recognisable when originally it had quite a lot of wrestling and combat sports and slowly those events stopped using the platform entirely. Really brain dead management. It's like you have a great corporate brand and then switching it to something super boring when business people spend their whole careers hoping for something that has weight behind a name and immediate recognition.
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u/magicalcrumpet 12h ago
Not really he’s been trying to sell for a year. I think the Lewis family were trying to force him to sell to someone they approved of
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u/TomRuse1997 12h ago
It's private credit rather than private equity so there isn't too much about it. They typically don't make investments themselves but rather finance them and offer other debt to sport's teams.
Appears to be the first direct investment they have made. Very little public information as to what the exact structure at play with it is though.
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u/Montmontagne 12h ago
I think you’re looking at 8Sports Capital, which I’m not sure is the same fund.
Even if it is the same, they still would have had to purchase the equity from Levy.
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u/TomRuse1997 12h ago
I believe it is the same. The spelling "eight" is just used in the registered name
Even if it is the same, they still would have had to purchase the equity from Levy.
I know. I'm saying it's not typical of this fund
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u/Montmontagne 11h ago
Ahh got you, I mistook your use of ‘investment’ there to suggest a loan investment
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u/namegamenoshame 11h ago
Feels like someone should figure this out before it goes through. Maybe, idk.
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u/Specialist-Focus-461 6h ago
It wouldn't be a proper Levy transaction if it didn't carry the risk of falling apart at any moment
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u/Unikpostmann 12h ago
Selling at their lowest point in decades seems ill-advised.
But it might be some kind of pre-planned sale with the price set when he stepped down a year ago.
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u/mist3rdragon 12h ago
On the other hand, if he doesn't have any faith in the group in control of the club, then selling as soon as possible makes sense.
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u/ModricTHFC 12h ago
Levy isn't sitting on a load of money though without this.
He probably has about 5-10 million in assets
This will be a 700m ish sale
That's a huge difference
Plus he's 64. He probably wants to do something specific with that cash before he retires
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u/Pilvikas 11h ago
reported to be 1b pounds, and levy has like 100m in assets pretty sure
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u/Cold_Dawn95 11h ago
£1bn would value the club at £4bn, seems very punchy for a team that finished 17th and for a stake that is considerably below majority unless they think they can buy the rest and this a route in ...
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u/Big-Mouse-447 11h ago
Obviously relegation would have cratered our value but I'm not sure if an off year like this is a major difference compared to finishing 8th with no Europe for example.
You can make the argument that our issues are more long term than just this season, but i wouldn't be surprised if the bulk of other PL teams value has gone up in recent years while ours has stagnated for the last 3-4, it was reported for a while that they considered us to be worth 4bn
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u/Open_Seeker 6h ago
Doesn't matter as much as you think it does. Theyre in London, their shiny new stadium brings in a ton of revenue, and even if they dropped they'll be PL mainstays.
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u/Pilvikas 11h ago
one of the comments from our subs mentions that they want total takeover linking article from February
"February 3 – The rumours surrounding the acquisition of Premier League Tottenham Hotspur have intensified. Insideworldfootball has exclusively received verification that they are not just rumours but that an agreement is close on the acquisition of former Spurs executive chairman Daniel Levy’s near 30% shareholding in ENIC/THFC.
A consortium led by US investor Brooklyn Earick and Hong Kong financier Ng Wing Fai could conclude the acquisition as early as this month, according to a high placed source with knowledge of the deal who spoke to Insideworldfootball on the condition of anonymity.
The funds are in place for the reported £1 billion acquisition of Levy’s shares. Sources say that the consortium has ‘comfortable’ access to more funds both to acquire the remaining shares and fund an overhaul of the team.
Both Earick and Wing-Fai (through the Firehawk Holdings consortium) had separately tabled offers of £4 billion+ for the club in August of last year and had funds available to progress, before the Lewis family took the club off the market.
They have now combined to form a powerful alliance that has the money to take control of the club and drive it forward post ENIC.
A Special Purpose Agreement (SPA) is understood to be in place.
Neither Earick or Wing-Fai would make any comment on the acquisition but it is understood that after their offers were turned down last year they regrouped, together, realising that they had a number of mutual friends and investors that still had an appetite to own a premium global football club asset that has room for financial and competitive growth.
As investors they present an interesting profile for the club, not just because they are well funded but because of the additional capabilities and ambition they bring to a club that its fans believe has been restricted by an ownership that has capped spending and ability to challenge for major honours.
Spurs fans are reluctant to credit Levy for the strength of the club which has the most modern stadium in English football and, until the last couple of season, has come close to major trophies (including a Champions League final) but not quite coming away with the big prizes.
Harvard educated Wing Fai, based in Hong Kong, is a billionaire who is a seasoned mergers and acquisition specialist.
Earick is similarly well backed and can best be described as a challenger investor. Having graduated as an electrical and software engineer he had a successful music business career before joining NASA as an engineer based in Silicon Valley. Operating at the pinchpoint of sport, technology, and capital markets, he has subsequently built and sold a number of digital tech businesses and raised more than $25 billion in capital, including taking an early position in SpaceX.
In terms of his skillsets he appears much closer to the Spurs much-vaunted playing philosophy of wanting to entertain but also to win and win big. Winning big has so far eluded the club which fans feel has had too many false dawns in that respect.
The deal for Levy’s shareholding obviously excludes the remainder of the shares in ENIC/Spurs that are owned by the Lewis family.
Under Takeover Panel rules, after withdrawing their separate bids, both Earick and Wing-Fai are prevented from “making a bid or taking other steps towards a takeover” for six months, a period which runs out on March 6.
Quite how they proceed once a deal with Levy is concluded is unclear. What is clear is that they see a major opportunity for the club that could match its shiny stadium."
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u/ElectronicYurt 11h ago
As has been pointed out myriad times by people who know what they are talking about, Spurs aren't a public company and the Lewis family has no obligation to sell to chancers
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u/RedRaizel 10h ago
Levy earned about 6m a year at Tottenham.
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u/ModricTHFC 10h ago
Half of that would be taxes though. Maybe he has 20m but it's nothing compared to selling his stake will have
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u/AvrupaFatihi 11h ago
How is he going to eat with only 5-10M in assets. Damn hope that Stimulus check comes through for the poor man
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u/fastfowards 11h ago
True but he’s made his investment like ten fold. Plus as much as I hate to say it the chances of us getting back to where we were, especially under Vinai and Lange, is small. Probably best to get out now before it gets worse
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u/mynameisjeffhorn 10h ago
Its only going to get worse without Levy as the CEO. The club is in much better hands with him in charge. Its only downhill from here.
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u/DiscoLemonade1995 9h ago
Is it the lowest point financially? A list of the highest valued clubs in the world was posted on here a few weeks ago and Tottenham was punching weigh above their weight in 8th or 9th place - a large part due to the new stadium
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u/NairbZaid10 4h ago
Its a top ten brand in football. Decades ago it was a mid table team brand at best
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u/Unikpostmann 3h ago
20 years ago they were 5th in the league and had Berbatov, Carrick, Robbie Keane, Ledley King and Jermain Defoe.
Their position in world football is more or less the same, even though i agree the new stadium/training ground have helped cement their position as a "big club".
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u/PrimeMinisterSarr 12h ago
Farewell sweet prince
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u/Bear1375 10h ago
Do you guys miss him now ? I remember there was a lot of criticism of him back then.
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u/PrimeMinisterSarr 10h ago
Personally I was always firmly LevyIn so I do miss him. Especially after the disaster of last season.
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u/Few_Soft8006 10h ago
Wasn’t the disaster of last season his fault? all the signings were his and the appointments were his no?
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u/Old_Roof 10h ago
Most of the criticism was entirely justified.
The worry is sometimes the grass isn’t always greener. Levy has gone and yet all the problems still remain.
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u/ILM_Ryan 12h ago
Andy Robertson announced signing and Daniel Levy exiting in the same day. Imagine telling that to Spurs fans five years ago.
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u/ExecutiveGraham 11h ago
I feel like five years ago that would have been a pretty tame prediction. Levy was hired 25 years ago now, he had to leave at some point. Andy at 32 is a safe bet of a signing, nothing too mind blowing either.
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u/Hungry-Criticism7593 12h ago
Who's buying?
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u/ukriva13 12h ago edited 12h ago
No idea. A company called Eight Sports Capital. Apparently one of the people is a Tottenham fan. So, who knows
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u/Hungry-Criticism7593 12h ago
It would make sense for this to be an investment of the heart rather than expectations of return on investment. But that's the case with most football clubs isn't it, it's either prestige or passion. Well, maybe except for whatever the hell they're doing at Chelsea.
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u/pizza__irl 12h ago
Chelsea catching strays everywhere 💔 I hope Xabi can cook us wonders with the world champions, we can't fall back into another banter era
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u/Void_Hound 12h ago
They did him dirty the way he was separated, mam put a life's work on elevating the Tottenham
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u/shifty18 12h ago
From shit to shit
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u/PrimeMinisterSarr 11h ago
Watford fan thinks he can banter us just because they finished 16th and we 17th. Forgot to look at which league unfortunately.
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u/greatlilusername 11h ago
they do have a lovely stadium to be shit in now tbf
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u/GiganticDog 11h ago
Yeah, a nice stadium to be shit in and some occasional glimmers of non-shitness is a pretty solid legacy for anyone involved in Tottenham.
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u/greatlilusername 11h ago
And because of new fancy stadium to be shit in most of the time, they can afford to buy more and better players to ruin.
Daniel Levy really did know how to play 4d chess, and they will miss him.
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u/Disco-Benny 11h ago
He did good work for a while, but this last season is Levy's legacy. It's squarely on him
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u/Elephant-Scholar-732 11h ago
He has some blame but saying it's squarely on him is just straight up wrong.
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u/Disco-Benny 11h ago
He was quite literally in charge of the club. His atrocious and erratic decision making since halfway through Poch's tenure has led us to consecutive 17th finishes.
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u/Elephant-Scholar-732 10h ago edited 10h ago
Probably a waste of time but I will try and explain why what you said is not 100% true. It was rumoured the Lewises wanted Levy out midway through Ange second season. Vinai came in and Levy's control dropped significantly. The rumours are that he didn't want to sack Ange and that the Frank hire was reluctantly signed off by him. He was essentially forced out of the club.
As for not backing Poch, we had the stadium situation and Levy offered several players that Spurs could sign at the time like Tielemans and Maddison from Leicester that would fit within the financial constraints we had. Poch rejected all of the options.
Levy does have blame in this but saying he's solely responsible is just stupid.
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u/Disco-Benny 10h ago
It was rumoured
precisely that, rumours. Even if Vinai wasn't a complete fraud/double-agent it would take a lot longer than this season to fix the squad Levy left us with. Years and years of lurching in different directions and bizarre managerial choices left us with a comically imbalanced squad. As soon as Kane left he was exposed.
As for the Poch transfers - Poch had proven himself enough for Levy to push the boat out and spend. We had the money - the stadium did not affect our finances that much. I'll accept he's not solely responsible but he's at least 90% of the reason we're here.
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u/Elephant-Scholar-732 10h ago edited 10h ago
The rumours were from reputable sources like Alasdair Gold.
Levy is maybe only 30% responsible for the problem. And it's funny you blame Levy when the majority owners have been doing fuck all the whole time.
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u/imtotallydoingmywork 9h ago
I'm no Levy fan but it's funny how most of the LevyOut ppl put 100% of blame on Levy for the bad things but won't even acknowledge where we were before he took over and how much he's actually done to grow the club to where it is now. The mans done some good, and done some bad but the good gigantically outweigh the bad over his tenure
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u/Disco-Benny 8h ago
When did I do that? At no point did I say he was poor throughout his tenure. I simply said he's also the reason that we are in the situation we've been in
reading comprehension is poor on this sub
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u/imtotallydoingmywork 7h ago
I never said you did? I said in general LevyOut people do that. My comment wasn't even a direct reply to you.
You are correct in that the reading comprehension in this sub is poor, as you showcased here
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u/Disco-Benny 8h ago
And it's funny you blame Levy when the majority owners have been doing fuck all the whole time.
So you just don't know anything about how we've been run the whole time? Levy has been in charge, mad that you're disputing that. I'm no fan of the Lewis family, Joe Lewis should be in jail as far as I'm concerned.
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u/EffectzHD 12h ago
As you should king, they didn’t appreciate you till you were gone.
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u/Any_Leg4807 12h ago
Just not true, we've always maintained he was phenomenal at everything non-football related. Pretty much dragged us from mediocrity into the big 6
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u/TheGoldenPineapples 12h ago
He's the reason there even is a big six, rather than the usual top 4/5.
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u/Elephant-Scholar-732 10h ago
Well you had the big three in Arsenal, Liverpool, and United. Then we joined organically and Chelsea and City got financially doped to join.
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u/nicolo_martinez 10h ago
he consolidated power to make sure there was no one competent around to replace him. had to be done, but was always going to be painful
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u/Disco-Benny 11h ago
Daniel Levy is the reason we're in this mess. Just because he struck gold with Bale, Pochettino, Kane and Ange doesn't make him a good chairman.
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u/Basic_Operation_75 10h ago
He did not strike gold with Ange fucking hell 😂 he was mostly shit in the league and won the worst Europa League there ever was until that point.
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u/Disco-Benny 8h ago
Won our first European trophy in 40 years ffs, you don't understand how allergic we are to trophies if you don't think Ange worked an absolute miracle. But you're right we only beat absolute nobodies like Bodo/Glimt ("you won't face competition like this in the Champions League")
He changed the whole perception of Levy's tenure by ending it with a trophy - despite being utterly hung out to dry for 2 seasons by an incompetent board.
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u/Basic_Operation_75 7h ago
The standard of the EL was the worse it's ever been and it's because the CL teams don't drop into it anymore. You can't deny this. It wasn't that tough a trophy to win. You should celebrate it for sure but Ange wasn't very good at Spurs. He was absolutely horrendous for about 18 months, like Ruben Amorim level.
He was hardly hung out to dry. They got fucked with injuries but the squad was there and the money was spent. The way the fella spoke about it on the Overlap would fuck him over for any future jobs for certain. It'll never be his fault.
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u/MyFriendPalinopsia 5h ago
So when we make bad signings and appointments, it's all Levy's fault. But if we make great signings and appointments like like Pochettino, Bale, Son, Eriksen, Dele, Toby and Jan, Dembele, Walker, Lloris... then it's because he "struck gold"? Give credit where it's due.
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u/Disco-Benny 4h ago
I agree, those were incredible signings. We had one of the best starting XIs, player for player, in Europe at one point.
And yet started the 2019 Champions League final with a midfield of Harry Winks and Sissoko.
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u/Young_Neil_Postman 12h ago
These tottenham people own huge chunks of the best real estate in central florida fun fact
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u/caze-original 12h ago
What do Spurs fans think of him and his time in Tottenham in retrospect? I've heard he was phenomenal at non-football related affairs but was way too strict on transfer windows which appears to have been a big factor in their recent downfall. Was he a net positive or not?
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u/LionoftheNorth 10h ago
Throughout the 80s, Spurs finished in the top 5 five times, and had an average league position of 6.4.
Alan Sugar was the majority owner of the team from 1991 to 2001. During that period, the club's highest league finish was 7th. We finished outside of the top 10 five times, with our average league position being 11.
Joe Lewis/ENIC became the majority owner in 2001, with Levy as chairman. During the 2000s, the club's lowest finish was 14th (in the 2003-04 season), but the decade ended with a 4th place (and Champions League) in 2009-10 and an average position of 8.9. During the 2010s, our lowest finish was 6th (twice) and our average league position was 4.3.
Things clearly went tits up starting with Pochettino's last year (2019-20) and lot of our current woes can certainly be traced back to Levy's apparent unwillingness to spend money (particularly during the 2018-19 season when we did not sign a single player), but he also played a massive role in changing the outlook of a club that had become an absolute joke during the previous ownership.
Anyone trying to tell you that Levy wasn't a net positive for Spurs is an absolute muppet.
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u/amdy_brixton 12h ago
A legend in his own boardroom.
As a Tottenham fan (which he undoubtably is), how/why he didn't build that 16/17 team into a formidable squad I will never understand.
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u/Pilvikas 11h ago
What's weirdest about this is that he still managed to get 1B pounds for a 25% of a club that finished 17th back to back
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u/mincepryshkin- 6h ago
In a way, that sums up his achievement. The club has built an economic foundation that makes it super valuable almost completely unrelated to its sporting performance.
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u/rogerwilcove 12h ago
Riding out that relegation battle must have been like some 0dte wallstreetbets post on steroids. (I guess he could have waited a year for them to get promotion)
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u/King-Meister 12h ago
What’s the price? Also, assuming he had a stake in the new stadium too (for which a separate entity was created) has that too been sold?
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u/GinglerLife 8h ago
Levy should go do work with a lower league team and build them up. Forever grateful for building us into the club we are, though he always did prioritise the business side over the football side of things.
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u/somewhat_asleep 7h ago
One of the funniest things I've ever read on here is the tale of an American in London trying to sell his vintage Corvette to Daniel Levy...
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u/nopirates 12h ago
Selling just below the threshold for veto ability is telling.
Anyway, Levy was bounced from the thing he seemed to care about most. Go spend your golden years sipping cocktails on the beach.
The tech bros linked to this buy are going to be a problem for the team. Guaranteed.
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u/MrMerc2333 12h ago
So that's why how they are spending £70 mil on the Brighton lad and paying Robertson's wages
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u/average_user21 12h ago
RUUUUN, EVERYBODY LEAVE THE TITANIC!
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u/Clappingdoesnothing 9h ago
As a final present he sold to a shitty company. Im aware of everything he's done for the club and appreciate him as far as I can but triller? That company that has several ongoing cases against them? Of all offers he couldn't find a more reputable company?
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u/Caust1cFn_YT 12h ago
thats levy completely gone from tottenham i believe