Tottenham Hotspur F.C. - Ownership

Ownership

From 2001 to 2011 shares in Tottenham Hotspur FC were listed on the Alternative Investment Market (AIM index). The majority shareholder was ENIC International Ltd, an investment company established by the British billionaire Joe Lewis. Daniel Levy, Lewis's partner at ENIC, is Executive Chairman of the club. Shareholding by ENIC was increased over this period through the purchase of the remaining 14.7% holding of former chairman Alan Sugar's . and those belonging to Stelios Haji-Ioannou who held a 9.9 per cent stake through Hodram Inc and sold them to ENIC by 2009, On 21 August 2009 the club reported that it had issued a further 30 million shares to fund the initial development costs of the new stadium project, and that 27.8 million of these new shares had been purchased by ENIC. The Annual Report for 2010 indicated that ENIC had acquired 76% of all Ordinary Shares and also held 97% of all convertible redeemable preference shares, equivalent to a holding of 85% of share capital.

According to the 2011 Annual Report, published in November 2011, ENIC had exercised its preference share options and held 181,793,258 ordinary shares in Tottenham Hotspur plc representing 85% of all those issued. However, at the 2011 AGM Chairman Levy announced that the board was intending to delist from the AIM exchange as the listing restricted the club's "ability to secure funding" in connection with the redevelopment of the White Hart Lane site known as the Northumberland Development Project. On 16 January 2012 the club announced that the club had been transferred into private ownership following the delisting of shares which had been implemented at of the close of dealing on the previous Friday the 13 January.

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