Daniel Levy open to selling Tottenham stake amidst club's recent turmoil

Levy has been Spurs chairman since 2001 and runs affairs for majority shareholder ENIC, which owns 86.58 per cent of the club while the other 13.42 per cent of shares are held by around 30,000 individuals.

The first half of 2023 proved tumultuous for Tottenham and as a result Levy faced several calls from supporters to leave his position, but the mood in N17 has been transformed following the June appointment of head coach Ange Postecoglou.

Positivity is growing on the pitch but unrest off it remains bubbling under the surface with fans protesting before last month's win over Manchester United due to the club's decision to increase match day ticket prices for this season.

Meanwhile, Joe Lewis – Tottenham owner until October when he ceased to be "a person with significant control" and the club shares were handed over to his family trust – was indicted on charges of insider trading in America in July.

Takeover interest in Tottenham has grown since the club opened its 62,850-seater stadium in 2019 and earlier this year Levy met with Qatar Sports Investments chairman Nasser Al-Khelaifi to reportedly discuss QSI purchasing a minority stake, although this was denied by Spurs.

During an interview with Bloomberg on Wednesday, Levy confirmed the club's shareholders would be open to selling the club if a "serious proposition" was put forward.

"I've got no real interest to leave Tottenham, but I have a duty to consider anything that anyone may want to propose," Levy said.

"It's not about me, it's about what's right for the club. We have 30,000 shareholders who own approximately 13.5 per cent. We run this club as if it is a public company.

"If anyone wants to make serious propositions to the board of Tottenham, we will consider it along with our advisors. And if we felt it was in the interests of the club, we would be open to anything."

 

Read More: Spirited Son Heung-min leads Tottenham's quest for North London derby redemption (planetsport.com)