Daniel Levy considered doing something drastic after being ousted from Tottenham Hotspur by the Lewis family last summer.
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 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, but a new update has now suggested that the former Tottenham chairman may be planning something very different.
Daniel Levy believes he has a claim to a bigger percentage of Tottenham
Bloomberg are now reporting that Levy has considered suing his former business partners after being thrown out of the club he ran for nearly two-and-a-half decades.
The report explains that Levy believes he owns more of ENIC than 29.88 per cent to reflect the work he has done to grow the club. The former Tottenham chairman is thought to believe he has a claim on a further 10 per cent or so.
A person familiar with the matter told the outlet that while those shares may be owned by the Lewis Trust, the ultimate beneficiaries may be the Levy family.
It is said that Levy and Joe Lewis were so close from around 2002, the former ‘believed the business interests were understood to be split 50:50’.
Levy hired law firm to assess potential litigation against ENIC
Bloomberg say that a source close to the Lewis family has dismissed the idea that Levy is owed any additional shares in ENIC.
The report claims that the relationship between the Lewis family and the former Tottenham supremo had completely broken down by last year.
People close to the matter claim that ‘Levy has considered suing his former business partner after being unceremoniously thrown out of the club he ran’. It is said that, shortly after his dismissal, Levy hired the law firm, Proskauer, to assess a potential litigation against ENIC.