A private firm that provides global financing to football clubs and sports organisations has now bought the majority of the stake Daniel Levy held in ENIC, the parent company of Tottenham Hotspur.Despite departing from his role as Tottenham chairman last summer after nearly a quarter of a century at the helm, Levy is still linked to Spurs through his stake in ENIC.The former Spurs chairman owns a 29.88 per cent share in ENIC, the company which in turn holds 86.91 per cent of Tottenham Hotspur.Reports over recent months suggest that Levy could sell his stake in ENIC, and it has now been confirmed that the 64-year-old has done just that.Photo by Catherine Ivill – AMA/Getty ImagesEight Sports Capital acquire stake in Tottenham from Daniel LevyEight Sports Capital have now claimed the signing of a sale and purchase agreement to acquire 24.99 per cent interest in ENIC from the trustee of Daniel Levy’s family trust.That means that the former Tottenham chairman now holds just 4.89 per cent of ENIC, with the majority of his shares now acquired by Eight Sports Capital.With ENIC owning 86.91% of Tottenham Hotspur and Eight Sports Capital now allegedly owning 24.99% of ENIC, that would effectively make them indirect 21.7% owners of Spurs.Their press release reads: “Eight Sports Capital Limited today announces the signing of a sale and purchase agreement to acquire a 24.99% interest in ENIC Sports and Developments Holdings Limited (“ENIC”), the parent company of Tottenham Hotspur Football Club.“The transaction is structured through the acquisition from Oakchester Limited of the entire issued share capital of Walburg Holdings Limited and Larkin Ltd pursuant to the sale and purchase agreement. The target companies together beneficially hold 24.99% of the issued ordinary share capital of ENIC. Oakchester Limited is owned by Whitmill Trust Company (Gibraltar) Limited, acting as trustee of The Levy Children’s Trust and The Walburg Discretionary Trust, which are family trusts established for the benefit of Daniel Levy’s children.”Who are Eight Sports Capital?Eight Sports Capital is a private credit and investment firm that provides global financing to football clubs and sports organisations.The organisation was founded in 2020 and specialises in revenue anticipation, M&A transactions, and providing liquidity to help sports entities manage cash flow and strategic acquisitions.A spokesperson for Eight Sports Capital Limited stated about buying a stake in ENIC: “We are delighted to have signed this agreement to acquire a significant stake in ENIC. We look forward to working with the Club’s shareholders, management, staff, players and fans to support Tottenham Hotspur’s continued growth and success.”READ MORE: Shirt number options emerge as Tottenham prepare second Jan Paul van Hecke bidThe post Daniel Levy sells 24.99 per cent shares in Tottenham Hotspur owners ENIC to private firm appeared first on Spurs Web.