ENIC’s Reign at Tottenham Could Be Nearing Its End as Qatari Takeover Edges Closer
Tottenham Hotspur’s ownership landscape could be on the verge of a seismic shift, with ENIC International Limited potentially nearing the end of their tenure at the club. Speculation surrounding a Qatari-led takeover has intensified in recent weeks, with strong hints emerging about their plans to enter the Premier League.
Currently, ENIC International Limited holds a dominant 86.58% stake in Tottenham Hotspur. The majority of ENIC’s shareholding—70.12%—is controlled by a discretionary trust linked to Joe Lewis’ family. Meanwhile, Daniel Levy and his family own the remaining 30% of ENIC, which means he retains significant influence over the club. Minority investors collectively own the remaining 13.42% of Tottenham’s share capital.
Qatar Poised to Finalize Tottenham Takeover in the Coming Weeks
The prospect of a Qatari takeover at Tottenham appears increasingly imminent. The Gulf state has been vocal about its ambitions to invest billions in sports, with the broader goal of transforming the Middle East into a global entertainment hub. Their interest in purchasing a Premier League club has been a recurring theme, and recent developments suggest that Tottenham could be their next major investment project.
For several weeks, Qatar Sports Investments (QSI)—the entity that owns Paris Saint-Germain—has been linked with a potential takeover of Spurs. This speculation has been fueled by growing tensions in France, where QSI has encountered several challenges related to their ownership of PSG.
Adding further intrigue to the situation is Nasser al-Khelaifi, the chairman of QSI and president of PSG, who is currently facing an investigation in France. Since February 5, al-Khelaifi has been under indictment in relation to the Lagardère affair, a case that centers around allegations that Arnaud Lagardère attempted to influence a 2018 shareholder vote in his favor using Qatar’s sovereign wealth fund (QIA). While al-Khelaifi remains committed to PSG, reports from L’Equipe on March 1 suggested that QSI is preparing to announce a “major project” outside of France in the coming weeks.
Given the increasing links between Qatar and Tottenham, the timing of this report is significant. It suggests that QSI may be preparing to finalize a deal to acquire ENIC’s stake, positioning themselves as the club’s new controlling owners.
A New Era for Spurs? What a Takeover Could Mean for the Club
If Qatar successfully acquires Tottenham, the club could be set for major changes behind the scenes. Daniel Levy has long been a polarizing figure among Spurs fans, and with his asking price for the club reportedly set at £3.75 billion, the potential sale to Qatari investors is a real possibility.
QSI certainly has the financial firepower to meet Levy’s valuation, and should they choose to proceed with the deal, it would mark a transformational moment for the club. While Levy has been a key decision-maker at Spurs for decades, his future role under new ownership remains uncertain. Many Tottenham supporters, who have grown increasingly frustrated with his leadership, would likely welcome a fresh start under a more ambitious and financially aggressive ownership group.
A Qatari takeover could provide the kind of financial backing needed to compete with the Premier League’s elite, mirroring the impact seen at Manchester City under Abu Dhabi ownership or at Newcastle United following the Saudi-backed takeover. Fans have watched rival clubs make significant progress after falling into the hands of competent, well-resourced owners, and there is a strong belief that Spurs could undergo a similar renaissance under QSI.
With reports indicating that Qatar’s big announcement is just weeks away, all eyes will be on North London to see if Spurs are indeed on the cusp of a game-changing ownership shift.
Tottenham takeover: ENIC agrees exit in few weeks after QSI ‘major project’ twist to leave Spurs on the brink of New owners
