Levy Cuts Enic Stake To Under 5%

Daniel Levy has sold a 24.99% stake in Tottenham’s parent company Enic to Eight Sports Capital, reducing his holding to 4.89%.

Levy stepped down last September after 24 years as chairman. The deal, led by American tech entrepreneur and Spurs fan Brooklyn Earick, could be worth close to £1bn based on recent valuations.

Eight Sports Capital, owned by Triller, said it was “delighted” to secure the stake and pledged support for the club’s growth.