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ENIC Group (formerly English National Investment Company) is a British investment company. ENIC is owned by the family trust of Joe Lewis. ENIC's Bahamas -registered [1] subsidiary, ENIC International Limited, currently holds 86.58% of the total issued share capital of English Premier League club, Tottenham Hotspur.
He formed a business association with Joe Lewis in an investment trust called ENIC International Ltd and became its managing director in 1995. Levy turned ENIC into a sports, entertainment and media company. Levy and his family own 29.4% of the share capital of ENIC, while Lewis owns 70.6%.
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- Tracy Dixon
- Businessman
- Sidney Sussex College, Cambridge
May 24, 2022 · Tottenham, London: Tottenham Hotspur Limited (the “Club” or “Spurs”) has, today, Tuesday 24 May 2022, agreed a capital increase of up to £150m from majority shareholder, ENIC Sports Inc (“ENIC”), via the issue of convertible A Shares and accompanying warrants.
May 24, 2022 · The man behind ENIC and Tottenham is Bahamas-based billionaire Joe Lewis, very rarely seen, with levy the face of the operation at Spurs. But who is Lewis and why has he now decided to pump money into the club after years of not doing so?
- Alasdair Gold
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Of the total issued ordinary share capital of Tottenham Hotspur Limited (THL), ENIC SPORTS INC. (ENIC) owns 86.58%. ENIC also owns the one THL convertible A share. Mr D Levy and certain members of his family are potential beneficiaries of discretionary trusts which ultimately own 29.88% of the share capital of ENIC.
Tottenham Hotspur’s owner has been the ENIC Group, including chairman Daniel Levy and Joe Lewis, since December 2000. It gained full control of Spurs from Sir Alan Sugar in 2007. The ENIC Group first purchased a majority stake in the Premier League outfit by increasing its shareholding to 29.9%.
May 24, 2022 · Tottenham Hotspur Limited (the “Club” or “Spurs”) has, today, Tuesday 24 May 2022, agreed a capital increase of up to £150m from majority shareholder, ENIC Sports Inc (“ENIC”), via the issue of...