‘Sources close to Lewis family…’ – BBC journalist drops huge Tottenham takeover update
In the world of high-stakes football ownership, a sudden change in leadership often sparks a whirlwind of speculation.
The recent and surprising departure of Daniel Levy from his role as Tottenham Hotspur’s executive chairman, ending a monumental 25-year tenure, was precisely the kind of event that sends rumors into overdrive.
Immediately, questions arose about whether this signaled a deeper shift in strategy from the club’s ultimate owners, the Lewis family, and if a full sale of the North London giant was now on the horizon.
However, according to BBC journalist Sami Mokbel, that does not appear to be the case. Sources close to the Lewis family have moved quickly to quell this speculation, insisting that Tottenham Hotspur is categorically not for sale.
This firm stance was further reinforced by an official club statement released over the weekend, which revealed that the board had already “unequivocally rejected” two separate expressions of interest in acquiring the club.
One of those interested parties was a consortium linked to Amanda Staveley’s PCP International Finance Limited.
Staveley, a key figure in the Saudi-backed takeover of Newcastle United, has been the subject of persistent rumors connecting her to Tottenham over the past year.
However, it is now expected that she will herself release a statement clarifying that she has no intention of lodging a formal bid, effectively ending that particular line of speculation before it could gain any more momentum.
This clear messaging from both the club and the ownership group paints a picture of a stable, long-term project rather than an asset being prepared for a sale.
The Lewis family, through their investment company ENIC, hold a controlling 87% stake in Tottenham. While Levy’s exit marks the end of an era, it seems it was a strategic decision aimed at refreshing the club’s leadership structure, not a precursor to an ownership change.
The family’s commitment appears to be focused on building upon the incredible infrastructure Levy helped create—most notably the world-class Tottenham Hotspur Stadium—and translating that off-pitch success into consistent trophies on it.
The financial figures involved also underscore why a sale was always unlikely in the immediate term. Any potential takeover bid would reportedly need to exceed £3.5 billion to even be considered by the owners, a valuation that reflects the club’s status as a global brand with one of the most modern revenue-generating stadiums in the world.
While interested parties, including Iranian-American billionaire Jahm Najafi, have been linked with offers in the past, the market for acquisitions at that level is incredibly small.
For now, the message from the top is one of continuity and ambition. The Lewis family is backing the new leadership team of CEO Vinai Venkatesham and manager Thomas Frank, supporting them with significant investment in the transfer market.
The focus remains on achieving the sporting success that has sometimes eluded the club, proving that the ultimate goal is victory on the pitch, not a lucrative exit off it.