Stay up to date with notifications from The IndependentNotifications can be managed in browser preferences.Jump to contentThank you for registeringPlease refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged inAllNewsSportCultureLifestyleDaniel Levy stepped down as Tottenham chairman last September (Mike Egerton/PA) (PA Wire)Daniel Levy has agreed to sell most of his share in Tottenham Hotspur to Eight Sports Capital, a company run by American tech billionaire Brooklyn Earick. The agreement involves Eight Sports Capital acquiring a 24.99 per cent stake in Spurs, with Levy, who stepped down as chairman last September after 25 years, expected to make hundreds of millions of pounds. Brooklyn Earick, an engineer turned entrepreneur and CEO of Redacted RnD, is a boyhood Tottenham fan who has raised over £25bn in funds, including from sovereign wealth funds. Eight Sports Capital, a sports investment firm owned by Triller, stated their delight at the agreement and their commitment to supporting Tottenham Hotspur's continued growth and success. Enic remains the majority owner of Tottenham, with the Lewis family holding 70.12 per cent, following a season where the club finished 17th and promised investment. In fullDaniel Levy to sell most of Tottenham stake to American tech billionaireThank you for registeringPlease refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in

Daniel Levy has sold the majority of his shares in the parent company of Tottenham Hotspur to Eight Sports Capital.

Former chairman Levy stepped down from Spurs last September

Levy spent 24 years running Spurs on a day-to-day basis until he was removed from his position in September by the Lewis family.

On Friday, a vehicle named Eight Sports Capital announced it had agreed terms on a deal that would see it take 24.99 per cent of the Spurs former chairman's 29.88 holding.

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The firm buying Daniel Levy’s stake in Tottenham Hotspur is led by Brooklyn Earick, who previously tried to buy the club.

Lo storico presidente, artefice del nuovo stadio da 1 miliardo di Sterline, ha venduto il 25% del club al fondo Eight Sports Capital dell'ex ingegnere NASA Earick