Daniel Levy sells 24.99% Enic stake to Eight Sports Capital in 2026
Daniel Levy, former Tottenham chairman, sells 24.99% of Enic to Eight Sports Capital, reducing his stake to 4.89%.
Former Spurs chairman's stake reduction Daniel Levy, who previously served as executive chairman of Tottenham Hotspur for 24 years, has divested a 24.99% portion of his shares in the club’s parent company, Enic International Ltd. This transaction reduces his remaining stake in Enic to 4.89%. Levy stepped down from his role in September 2025 following a restructuring process initiated by the club’s ultimate owners, the Lewis Family Trust. ## Eight Sports Capital acquisition details Eight Sports Capital Ltd, a sports investment firm, has acquired the 24.99% stake in Enic. The company is owned by Triller, an American entertainment and technology firm whose principal owners are Wing-Fai Ng and Richard Tsai. Eight Sports Capital is led by Brooklyn Earick, an American technology entrepreneur who previously led a consortium that expressed interest in purchasing the club last September. ## Rejected takeover attempt in 2025 A consortium led by Brooklyn Earick had previously expressed an informal interest in acquiring Tottenham Hotspur in September 2025. At that time, the club issued a firm rejection of the proposal. The financial terms of the recent stake purchase by Eight Sports Capital have not been disclosed. ## Potential valuation of the deal While the exact price paid for the 24.99% stake remains undisclosed, a valuation reported on September 26 indicated that the club was worth just under £4.25 billion. This figure, which reflects the amount Clearlake Capital paid for Chelsea in 2022, suggests the recent transaction could be valued at close to £1 billion for the minority share. ## Eight Sports Capital's statement on partnership Eight Sports Capital issued a statement expressing enthusiasm about the acquisition, saying, "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." ## Background on Eight Sports Capital's leadership Brooklyn Earick, the chief executive of Eight Sports Capital, is described as an engineer, founder, and serial technology entrepreneur with a track record of raising over $25 billion from family offices, sovereign wealth funds, and major global institutions. Earick is also a lifelong Tottenham supporter. Before entering entrepreneurship, he worked as an engineer at NASA Ames Research Center, contributing to projects involving small spacecraft and satellite technology. ## Levy's legacy at Tottenham Daniel Levy had been the public face of Tottenham Hotspur for nearly 25 years until his sudden departure. During his tenure, he oversaw the development of the club’s cutting-edge training facility and the construction of the 62,850-capacity stadium, which opened in 2019 and remains England’s second-largest club ground behind Old Trafford. The stadium also features a dual-surface design, with an artificial pitch beneath the natural grass to host NFL games. ## Criticism over on-field achievements Despite his contributions to infrastructure, Levy faced significant criticism from supporters due to the club’s limited success during his time in charge. Under his leadership, Tottenham secured just two major trophies: the 2008 EFL Cup and the Europa League title in the previous season.