Levy Tottenham share sale yet to complete; £750m loan explored
The proposed sale of the majority of Daniel Levy’s Tottenham shares remains unfinished, with no payments made as the buying group explored a £750m loan at 10 per cent interest.
The sale of the majority of Daniel Levy’s Tottenham shares has yet to be finalised, with no payments made to date. The update emerged on Monday.
The story comes from Matt Law, who reports that the prospective buying group explored a £750m loan to fund the purchase, with annual interest of 10 per cent under consideration.
The exploration of a financing package indicates that debt is among the options being assessed, though the reporting does not state that any facility has been secured or agreed. On the information available, the funding discussions form part of preparatory work rather than a concluded arrangement.
The absence of any payment suggests the process remains at a pre-completion stage. Until funds are transferred and contracts executed, transactions of this nature typically remain contingent on financing and documentation, meaning timelines can shift.
With no deal completed, the club’s ownership remains unchanged for now. There is no confirmation of when the transaction could move forward or whether alternative funding routes are being prioritised.
The report adds that sources connected to the process remain hopeful of progress. Further specifics on the parties involved, any binding terms or a timetable were not disclosed.