Former Tottenham chairman Daniel Levy is vying with a consortium including current Spurs' owners, the Lewis family, to buy NBA Europe's London-based team. The Lewis family is part of a consortium led by the Checketts family, which has submitted an offer. The Checketts have owned or invested in professional sports franchises including Major League Soccer team Real Salt Lake and the NHL's St Louis Blues.

The third leg of the consortium is the Eccles family, who own shares in Burnley FC and Spanish side Espanyol. Levy's consortium includes Liberty Global and MSP Sports Capital, a former backer of McLaren Racing. London has rapidly become the most highly prized of the 12 new NBA Europe outfits, with other teams based in cities such as Berlin, Manchester, Milan, Munich, Paris and Rome.

The NBA wants to generate billions of dollars by selling the rights to the teams, with the first transactions expected in the coming weeks. Levy left his role as Spurs executive chairman in September 2025 after nearly 25 years in the job. While the official communication was that he had "stepped down," it was widely understood that the decision was taken out of his hands.