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A Hong Kong-based investment group called "IT Sports Capital" announced that it has acquired a 24.99% stake in Daniel Levy's ownership of Tottenham Hotspur for £4.5 billion. The agreement with Levy, who stepped down as club chairman last September after 25 years, included the purchase of his share in the British club. Meanwhile, ENIC Group, the majority owner, denied having any knowledge of the deal, reaffirming their focus on their commitments to the fans after the team nearly faced relegation at the end of the previous season.
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