
<p>The chairman of the Premier League’s Tottenham, Daniel Levy, has said that he is willing to listen to takeover offers for the sale of the club.</p>



<p>Just a few months ago, billionaire Joe Lewis gave control of the team to a family trust. The ENIC Sports Group owns <a href="https://worldsoccertalk.com/teams/tottenham-tv-schedule/">Tottenham Hotspur</a>. Levy owns 29.9 percent of the entity, and the Lewis Family Trust owns the remaining 70 percent.</p>



<p>Spurs fans have been critical of the ENIC administration on multiple occasions. The team has won just one trophy, the League Cup in 2008, since the takeover in 2001.</p>



<p>Then, the opening of the club’s new 62,850-seat stadium in 2019 has sparked more takeover speculation around the club. It has even been claimed that Levy met with Qatar Sports Investments chairman Nasser Al-Khelaifi earlier this year to explore QSI acquiring a minority share. QSI currently owns Paris Saint-Germain, and a minority stake in SC Braga.</p>



<h2>How much would Tottenham be worth in a sale?</h2>



<p>Business journal <a href="https://www.cityam.com/worlds-richest-football-clubs-2023-manchester-city-retain-top-spot-as-premier-league-clubs-dominate-deloitte-football-money-league-see-the-full-ranking/" target="_blank" rel="noreferrer noopener">Deloitte</a> has placed Tottenham’s current market worth at roughly $3.8 billion. That would rank them in the top 10 of the world’s most valuable soccer teams.</p>



<p>Levy has denied that he wants to offload Spurs. But he has said that he would do what is ‘right’ for the club if a sufficient offer was made for the Premier League side.&nbsp;On Wednesday, Levy acknowledged to <a href="https://www.bloomberg.com/news/articles/2023-09-21/tottenham-fc-s-daniel-levy-open-to-stake-sale-would-welcome-harry-kane-return?leadSource=uverify%20wall" target="_blank" rel="noreferrer noopener">Bloomberg</a> that the club’s shareholders would be willing to sell the club if a “serious proposition” were presented.</p>



<h5>What did Daniel Levy say?</h5>



<p>“I’ve got no real interest to leave Tottenham, but I have a duty to consider anything that anyone may want to propose. 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.</p>



<p>“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.”</p>



<p><em>Photo: Imago</em>.</p>


Tottenham up for sale? Daniel Levy reveals surprising stance

Having previously denied any interest in selling Tottenham, Daniel Levy has now publicly stated his willingness to do so.

Tottenham up for sale? Daniel Levy reveals surprising stance - World Soccer Talk


<p>US authorities charged Tottenham Hotspur owner Joe Lewis with insider trading accusations on Tuesday night.</p>



<p><a href="https://twitter.com/SDNYnews/status/1683958068395102208" target="_blank" rel="noreferrer noopener">US attorney Damian Williams</a> stated the accusations in a video released to the social media website X (previously Twitter). “Today, I’m announcing that my office, the southern district of New York has indicted Joe Lewis, the British billionaire, for orchestrating a brazen insider trading scheme.</p>



<p>“We allege that for years Joe Lewis abused access to corporate board rooms and repeatedly provided inside information to his romantic partners, his personal assistants, his pilots, and his friends. Those folks then traded on that inside information and made millions of dollars on the stock market. Thanks to Lewis those bets were a sure thing.”</p>



<h2>What did Tottenham exec Joe Lewis allegedly do with insider trading?</h2>



<p><a href="https://www.bloomberg.com/news/articles/2023-07-25/uk-billionaire-joe-lewis-faces-us-insider-trading-charges?fbclid=IwAR24I1WxGrNfXyCOvo7IorwXLTqPj0vejaqevM1j4B7vsgoA_Gh2CNDWLeI#xj4y7vzkg" target="_blank" rel="noreferrer noopener">Bloomberg</a> published more specifics on the indictment. It says Lewis gave each of his pilots a loan of $500,000 to trade the shares of a biotech business. This was just before public disclosure of the findings of a clinical study. They are also accused of using stolen data to earn millions.</p>



<p>There are a total of sixteen charges of securities fraud and three counts of conspiracy against Lewis. He faces suspicion of disclosing confidential information about many firms between 2019 and 2021. For example, those include the Australian Agricultural Co., Mirati Therapeutics and Solid Biosciences.</p>



<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"><div class="wp-block-embed__wrapper">
<div class="ck-twitter"><blockquote class="twitter-tweet" data-width="500" data-dnt="true"><p lang="en" dir="ltr">BREAKING: Tottenham Hotspur owner Joe Lewis has surrendered to federal authorities in New York, after being indicted for orchestrating an insider trading scheme.<br><br>Full story: <a href="https://t.co/gVI5xwEuSX">https://t.co/gVI5xwEuSX</a><br><br>📺 Sky 501, Virgin 602, Freeview 233 and YouTube <a href="https://t.co/y3YFlLXvun">pic.twitter.com/y3YFlLXvun</a></p>— Sky News (@SkyNews) <a href="https://twitter.com/SkyNews/status/1684194728277860353?ref_src=twsrc%5Etfw">July 26, 2023</a></blockquote></div><script async="" src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
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<p>The indictment also claims Lewis shared insider information with friends and colleagues. This knowledge contained information about when to purchase and sell shares based on information he received as a board member.</p>



<h5>Spurs refuse to comment</h5>



<p>Lewis founded private equity firm Tavistock Group, which invests in over 200 firms across 13 countries and also has a controlling stake in the Premier League sports side <a href="https://worldsoccertalk.com/teams/tottenham-tv-schedule/">Tottenham Hotspur</a>. In 2001, he paid $28 million to acquire the club from Sir Alan Sugar.</p>



<p>“This is a legal matter unconnected to the club and as such we have no comment,” a representative for Spurs stated in a statement.</p>



<p><em>PHOTO: IMAGO / PA Images</em></p>


Joe Lewis, a British billionaire and the owner of Tottenham Hotspur, has been accused with 'brazen' insider trading in the United States.

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Daniel Levy

Tottenham up for sale? Daniel Levy reveals surprising stance

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Tottenham billionaire owner charged with insider trading