Tottenham Stake Deal Finalized
Daniel Levy Sells Major Tottenham Stake to Eight Sports Capital, Lewis Family Retains Control
Daniel Levy has agreed to sell most of his Tottenham Hotspur stake, cutting his holding in ENIC from 29.88% to 4.89% after signing a deal that will transfer his shares to Eight Sports Capital. Eight Sports Capital, a sports investment vehicle led by American tech entrepreneur Brooklyn Earick and linked to Wing Fai Ng and Richard Tsai, will take a 24.99% stake in ENIC, leaving the Lewis family as majority owners. The move has prompted questions about why the group is paying for meaningful exposure while ENIC retains majority control of the club’s direction and ownership. The transaction is described as subject to verification, with little public detail about the price. Earick had previously led an attempted bid to buy the club outright, including claims about funding for transfers and a potential stadium naming-rights arrangement, but those takeover efforts did not succeed and he later withdrew a bid under Takeover Panel rules. Tottenham’s ultimate ownership structure is therefore set to remain largely intact even as Eight Sports Capital gains a substantial minority position.
Key Points
Eight Sports Capital’s spokesperson said: “We are delighted to have signed this agreement to acquire a significant stake in Enic. We look forward to working with the club's shareholders, management, staff, players and fans to support Tottenham Hotspur's continued growth and success.”
Eight Sports Capital is described as being owned by Triller, an American entertainment and technology company that is itself owned by Wing-Fai Ng and Richard Tsai.
Brooklyn Earick’s background is detailed as including work as an engineer at NASA Ames Research Center (on small spacecraft and satellite technology) and raising “more than $25bn” from family offices, sovereign wealth funds and major institutions; he is also described as a lifelong Tottenham fan.
In Earick’s earlier takeover attempt, he tabled an offer of £3.3bn to buy Spurs outright and also claimed he could set aside a further £1.2bn for transfers and arrange a £250m stadium naming-rights deal.
Although no price was disclosed for the 24.99% stake, BBC Sport reported a valuation comparison: it cited Clearlake’s 2022 purchase of Chelsea for just under £4.25bn, implying a near-25% stake could be worth close to £1bn.
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