Former Tottenham Hotspur chairman Daniel Levy has sold his remaining stake to an investment firm led by tech entrepreneur Brooklyn Earick, who previously tried to buy the club. The deal marks the end of Levy’s more than two-decade association with Spurs, a relationship that was at times contentious.
Under the agreement, Levy is selling his 24.99% stake in ENIC Sports & Development to Eight Sports Capital, a sports-focused investment firm owned by U.S.-based Triller, a short-form video app that has grown its audience through fighting sports. ENIC is the entity that majority owns Spurs.
Financial terms weren’t disclosed. Asked about the transaction, a representative for Spurs told Front Office Sports the deal involves Levy’s stake so it has “nothing to do with us.”
“The club and ENIC don’t know anything about it,” they added.
A spokesperson for Eight Sports Capital said in the press release announcing the deal that “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.”
