Tottenham takeover hint emerges as huge Daniel Levy decision set to be reversed

Tottenham look set to complete a major U-turn on Daniel Levy's investment decision (Image: (Photo by Marc Atkins/Getty Images))

Tottenham Hotspur could be about to make another huge decision behind the scenes less than one week on from the shock exit of Daniel Levy as chairman.

In the following six days after that club statement, the reasons for his departure, the possibility of a full takeover, and plans from the Lewis family, who own Tottenham through ENIC, all became trending topics.

Spurs CEO Vinai Venkatesham swiftly addressed the latter two subjects in a lengthy interview posted to club channels where the stance on selling - following a club statement which confirmed two investment approaches were rejected - was again made perfectly clear.

"Yeah, I've seen that very quickly there's been a lot of newspaper articles and a lot of media speculation around takeover, so I can be really clear on this," he said. "So the Lewis family are really clear. They see their involvement in Tottenham Hotspur being long-term and they see their involvement continuing through the generations.

"We made a statement very late last night and a statement I hope was unambiguously clear that Tottenham Hotspur is not for sale."

The possibility of outside investment has been explored in recent years though with Levy stating "the board and its advisors, Rothschild and Co, are in discussions with prospective investors". Following his exit, the advisors employed to assist investment decisions could also be let go.

According to City AM , Tottenham are weighing up whether or not to replace Rothschild as the club’s retained bankers.

The financial institution were brought on board in April 2024 to advise the club on potential external investment. However, that process was halted in its tracks earlier this summer as a cash injection from ENIC was pushed into the club.

It has also been claimed that as an investment process is no longer being conducted, contracts with third-party advisors are being reviewed and Rothschild may well end up being let go.

Levy himself also appears to be in a difficult position over whether or not to sell his 30 per cent shareholding stake in ENIC having already lost £3million through an annual salary and bonuses.