Tottenham owners make new takeover decision as £90m deal agreed
Tottenham’s owners have made a new takeover decision after a £90million deal has been agreed.
Tottenham have been heavily linked with a takeover in recent months, while Daniel Levy’s exit has only amplified those rumours.
Spurs confirmed Levy has stepped down as executive chairman on 4 September after spending 24 years in the role, with Peter Charrington appointed non-executive chairman.
However, Spurs have insisted there will be no changes to the ownership of the club, while Levy will remain part of ENIC, which owns an 86.91 per cent stake at the Tottenham Hotspur Stadium.
Tottenham owners make behind-the-scenes move
Vinai Venkatesham is now leading the day-to-day operations after he was appointed as Tottenham’s CEO in April, having previously spent four years working in the same role at north London rivals Arsenal between 2020 and 2024.
Bloomberg reported on Tuesday (9 September) Tottenham have now raised about £90million through a receivables financing deal with Macquarie Group Ltd.
The news outlet said Spurs have agreed to give the Australian lender income from future broadcasting rights for a lump sum of cash.
The rights are tied to money due to the London giants from the Premier League between December 2025 to May 2026, with top-flight clubs typically earning more than £110million a year from that income stream.
This could well be a new indication from Tottenham’s ownership group they are not looking to agree a takeover deal following their efforts to bring in more money.
Amanda Staveley makes Tottenham takeover decision
Football Insider revealed on 5 September Amanda Staveley has been in talks about a Tottenham takeover.
However, Staveley’s company PCP International Finance released a statement on Monday (8 August) confirming it “does not intend to make an offer for Tottenham”.
It doesn’t necessarily mean there will be no deals taking place in the near future.
Levy and members of his family still own a 29.88 per cent stake in ENIC, with Joe Lewis’s family trust holding the remaining 70.12 per cent.
Finance expert Stefan Borson told Football Insider a Tottenham investor could buy Levy out of his ENIC shares in a £750million deal.
Spurs are in a strong position financially after posting a turnover of £528.2million in their latest published accounts for 2023-24, while their commercial revenue stood at £255.2million.
In terms of matters on the pitch, Thomas Frank has picked up six points from his opening three Premier League matches in charge of the club, having replaced Ange Postecoglou in June.
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