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Ng Wing-Fai, Brooklyn Earick Reported to Join Forces in Talks for Levy’s ENIC Stake

Levy seeks about £1bn for his 29.9% holding as Takeover Panel rules permit a sub‑30% sale before a full‑bid ban lifts on March 6.

Overview

  • Yahoo, citing the Sun, reports Ng Wing-Fai and Brooklyn Earick are partnering to pursue Daniel Levy’s ENIC shares despite being barred from a full takeover bid until March 6.
  • Bloomberg previously reported discussions around a roughly £1bn deal for Levy’s stake, with a consortium featuring Ng seen as involved.
  • The Lewis family, which controls the remainder of ENIC, is said by Football Insider to be prepared to buy Levy’s shares if no suitable external buyer is found.
  • Levy’s holding is a minority stake in ENIC that confers no voting rights, board seat, or preferred-bidder status for any future sale of Tottenham, per Telegraph reporting.
  • Reporting notes skepticism that the named suitors can meet Levy’s valuation, while a club accounting review into his tenure has shown no indication of wrongdoing so far.