Tottenham’s owners ENIC are almost certain to relinquish control of the club by 2023, according to a journalist covering the club.
Marc Benamram, who covers Spurs for a number of outlets, claimed on his personal Twitter account he would be “amazed” if the Joe Lewis-controlled company are “still at the club in four years time”.
Benamram made his claim as he called on the owners to invest substantially in a significant overhaul of the playing squad that is likely to lose some key players this summer.
Want to add to this conversation that I’ll be amazed if ENIC are still at the club in 4 years time.
— The Spurs Express (@TheSpursExpress) March 11, 2019
OPINION
ENIC have been in control of Spurs for so long, many fans can’t remember a time when Lewis was pulling the strings from afar and his protege Daniel Levy was running the show from London. There has been talk of a Middle East consortium making a £2billion offer for the club, but it would be a surprise if ENIC sell up before the new stadium is raking in the profits and some of the debt is paid off from a build reportedly costing £1billion in total. Bahamas-based tax exile Lewis doesn’t speak publicly about Spurs, the club ENIC bought a controlling stake in back in 2001, when Levy was appointed chairman. Lewis owns the majority of ENIC’s shares and his protege Levy, who owns the remainder, is his representative on planet earth, in day-to-day charge of a club that has grown enormously in value in recent years. Tottenham have established themselves as a Champions League club, while the Premier League broadcasting deals, from home and abroad, continue to keep the coffers swelled. The end of the line may be coming into sight for octogenarian Lewis, but not until he makes a financial killing, first.