Former Tottenham executive chairman Daniel Levy sells part of his holding in ENIC, the parent company of Tottenham Hotspur. BBC Sport reports that Levy disposes of a 24.99% stake in ENIC, which reduces his shareholding to 4.89%. Inside World Football adds that Levy sells his majority interest to Eight Sports Capital for an estimated £1 billion. The outlet says Levy previously held 29.88% of ENIC, which owns an 87.62% stake in Tottenham, meaning Levy’s effective interest in the club is reduced as a result of the transaction. According to Inside World Football, the Joe Lewis and family trust holds 70.12% of ENIC, while other minority shareholders own the remainder. Eight Sports Capital is described as a British Virgin Islands-registered company, with chief executive Brooklyn Earick. The reporting across the sources aligns on the core elements of the deal: Levy sells 24.99% of ENIC to Eight Sports Capital and his ENIC stake falls to 4.89%, with ENIC continuing to hold a controlling interest in Tottenham.