Joe Lewis net worth rockets as Tottenham braced for ‘blockbuster’ takeover offer

Tottenham Hotspur owner Joe Lewis has seen his net worth increase to a whopping $6 billion.

Lewis runs Spurs with Daniel Levy through ENIC Group, with the company owning 85 percent of the club. Lewis is the overall shareholder of ENIC through Tavistock Group, based in the Bahamas, which is a private investment firm that also has stakes in companies in ten countries with offices in 13.

According to Forbes, Lewis’ net worth has shot up to $6bn from $5.4bn last year. Indeed, Forbes reports that Lewis’ overall net worth was around $4bn a decade ago, with the 86-year-old’s fortune increasing since 2013.

Lewis set up Tavistock Group in 1975 and has grown it to include companies from resort properties to manufacturing. Levy and Lewis oversaw Spurs’ move to their new state-of-the-art Tottenham Hotspur Stadium in 2019 and consistent qualification for the Champions League over the past ten years.

Spurs are in the race for qualification for the Champions League next season but uncertainty continues to surround Antonio Conte’s future at the club after exiting all three cup competitions this campaign. It has been reported that Spurs’ owners are braced for an approach for a takeover of the club by the American investment company MSP Sports Capital, with chairman Jahm Najafi said to be keen.

The Financial Times reported in February that Najafi was preparing a ‘blockbuster’ move for Tottenham worth around $3.75bn. Najafi was said to be ‘weeks away’ from preparing a formal bid for the club with MSP Sports Capital set to buy 70 percent of Spurs with Middle Eastern partners taking the remaining 30 percent.

Qatari interest in Spurs has also been reported, with Paris Saint-Germain owners Qatar Sports Investment said to be interested in the club. Levy met with QSI chief Nasser Al-Khelaifi in London in January with investment in the club discussed.