A bidding war is underway for NBA Europe's London-based team, with former Tottenham Hotspur chairman Daniel Levy emerging as a contender. Levy is competing against a consortium that includes the Lewis family, current owners of Tottenham, who have partnered with the Checketts family to submit an offer.
The Checketts family has a history of investing in professional sports teams, including Real Salt Lake and the St. Louis Blues. They are joined in the consortium by the Eccles family, who hold shares in Burnley FC and Espanyol.
Meanwhile, Levy is part of a separate consortium that includes Liberty Global and MSP Sports Capital, a former backer of McLaren Racing. London's NBA team has become a highly sought-after asset, with the NBA aiming to generate billions of dollars from team sales. The first transactions are expected to take place in the coming weeks.
This development comes after Levy's departure from Tottenham in September 2025, following nearly 25 years as executive chairman. The move is seen as part of a larger trend of wealthy US families and investors buying stakes in UK sports teams, particularly in football.