Tottenham Hotspur have been majority owned by investment group ENIC since 2000. ENIC holds 86.58% of the club, with the remaining 13.42% owned by a group of minority investors.
ENIC is run by the Lewis Family Trust, after British businessman Joe Lewis transferred ownership to the trust in 2022 and stepped away from any involvement with the club.
Former chairman Daniel Levy owns 29.88% of ENIC but no longer has a direct role at Tottenham after stepping down from his position in September 2025.
The remaining 70.12% of ENIC is owned by a discretionary trust linked to the Lewis family, with Levy and members of both families listed as potential beneficiaries.
When did the ENIC Group become Tottenham Hotspur’s owners?
ENIC first became involved with Tottenham Hotspur in the late 1990s after purchasing an initial minority stake of 2.9% in the club. ENIC’s influence increased significantly in December 2000, when it paid £22 million to buy 27% of Sir Alan Sugar’s 40% holding, taking its total stake to 29.9%.
That figure was deliberate, as UK Stock Exchange rules would have required a mandatory takeover offer had ENIC gone beyond 30%. Sugar had previously resisted ENIC’s attempts to take control, rejecting offers of just over 80p per share in 1998 and an improved £1.20 per share proposal in 2000, before eventually agreeing to sell amid growing pressure from supporters.
At the time, the remaining shares in Tottenham were held by institutional investors and fans, but ENIC gradually increased its position over the following years. By June 2007, ENIC had raised its stake to 54% before purchasing Sugar’s remaining 12% shareholding for a further £25 million, triggering a compulsory offer for the rest of the club.
ENIC never moved to full ownership, instead consolidating control at its current 86.58% stake, with minority investors retaining the remaining 13.42%. Daniel Levy joined Tottenham’s board when ENIC became the majority owner in 2000 and went on to serve as chairman for more than two decades, although he has since stepped down from that role and no longer has direct involvement in the club’s day-to-day operations.
What have Tottenham Hotspur won since the ENIC Group became the club’s owners?
ENIC’s period as Tottenham Hotspur’s majority owner has not been defined by constant silverware, but it has overseen a transformation of the club’s status and competitiveness. Spurs have moved from a largely mid-table Premier League side into a regular contender for European qualification and major finals.
Between their FA Cup win in 1991 and ENIC’s takeover in 2000, Tottenham lifted only one major trophy, the 1998–99 EFL Cup, and finished no higher than seventh in the Premier League. The early years under ENIC followed a similar pattern, although progress gradually became visible.
Under Martin Jol, Spurs recorded back-to-back fifth-place finishes in 2005–06 and 2006–07, signalling their emergence as a consistent top-six challenger. That period was followed by success in the 2008 EFL Cup, when Tottenham defeated Chelsea in the final, their first major trophy under ENIC ownership. Spurs also reached the League Cup finals in 2002 and 2009 but were beaten on both occasions.
The appointment of Harry Redknapp in 2008 proved a major turning point. He guided Tottenham to a fourth-place finish in 2009–10, securing Champions League qualification for the first time in the club’s history. European football became a regular feature in the years that followed.
Mauricio Pochettino’s tenure further elevated the club’s standing. Spurs finished second in the Premier League in 2016–17, pushed Leicester City closest during the 2015–16 title race, and reached the Champions League final in 2019, where they were beaten by Liverpool in Madrid.
While domestic trophies have remained elusive, Tottenham’s long wait for silverware finally ended under Ange Postecoglou. In 2025, Spurs won the UEFA Europa League, delivering the club’s first European trophy since 1984 and their first major honour in 17 years, marking a defining moment of the ENIC era.
How much is the ENIC Group worth? What is Joe Lewis and Daniel Levy‘s net worth?
The ENIC Group is backed by significant private wealth, largely tied to the Lewis family. According to the Sunday Times Rich List 2023, Joe Lewis had an estimated net worth of £5.096 billion, an increase of £811 million from the previous year.
Lewis previously built his fortune through currency trading and global investments, and although he is no longer directly involved with Tottenham, his wealth remains central to ENIC’s financial strength through the Lewis Family Trust.
Lewis is the founder of the Tavistock Group, a private investment company with more than 200 assets across 13 countries. Its portfolio spans agriculture, real estate, hospitality, sports, and leisure. Lewis is also known for an extensive art collection featuring works by artists such as Picasso and Matisse.
Daniel Levy’s personal wealth has also increased significantly in recent years. The Sunday Times Rich List 2025 values Levy’s net worth at £650 million, placing him among the top 250 wealthiest individuals in the UK. Levy owns 29.88% of ENIC and, while he has stepped down from his executive role at Tottenham, he remains a key financial stakeholder through that holding.
Tottenham Hotspur’s own valuation reflects the club’s growth under ENIC ownership. Forbes valued Spurs at $3.3 billion in 2025, ranking them among the most valuable football clubs in the world. That valuation was supported by the club’s modern stadium and diversified revenue streams, including long-term commercial partnerships such as a 15-year agreement with Formula One, which brought an in-stadium karting circuit to Tottenham Hotspur Stadium.
