Fwiw The Times are reporting that kane is beginning to accept the move wont happen and that levy wont take less than £150m, especially as city have left it so late in the window.
Here's the article. It contains a bit of a throwaway line - it is thought Kane is close to accepting no move this year. Bit of a puff PR Piece for Spurs and Levy but it's quite something to see that right now at a time when most print and digital media is lining up to try and encourage Spurs to just hand their player over to Emirates Marketing Project at a price agreed by Pep and Kane.
"When Martin Jol joined Tottenham in 2004, it was as a modestly-paid assistant manager. He stayed in a series of hotels near Spurs’ former training ground in Chigwell, moving from place to place to keep getting discount rates. His wife and young daughter were in tow; they needed a proper home. Yet Chigwell was expensive. Daniel Levy stepped in.
A house was for sale on the road where Levy’s parents lived and though he had a football club to oversee, Levy took charge of negotiations, going back and forth until talking the owner into selling for a knockdown price. Seventeen years later, Jol still has the house and Levy the knack for advantageous deals. This personal touch, which he uses to run Tottenham, gets overlooked in portrayals of Levy as an unfeeling numbers man.
After 20 years in his role, and having given next-to-no interviews, the Premier League’s longest-serving chairman is much-discussed yet little truly known. He remains the inscrutable figure near the centre of English football and could be about to pull off another coup: keeping Harry Kane
It is increasingly likely Kane will be Tottenham’s player for at least another year. Emirates Marketing Project’s money was expected to talk, but Levy feels City have left it far too late in the transfer window to come to the table for a talent it would be so hard to replace. He has his valuation of Kane, which is far beyond the £100 million City signalled they would pay, and Levy doesn’t budge on valuations.
There has been no negotiating between the clubs in recent days, despite reports, and it is thought Kane is close to accepting there will be no exit this summer. “Daniel is unbelievable,” says Jol of Levy’s tendency to get his way. “How does he do it? He is like Napoleon. There is always a strategy. He waits and waits and he is tough. Others try to wait but at some point you get bored and go a little soft. Daniel will wait longer than you.”
The Kane saga comes at a pivotal point in the development of the club Levy helped acquire by wearing down Sir Alan Sugar into selling the controlling share for a larcenous £22 million in December 2000. Levy represented the English National Investment Company (ENIC), an offshore investment firm bankrolled by the billionaire Bahamas-based currency trader Joe Lewis. Levy, the whizzkid son of a friend, proved his acumen to Lewis soon after ENIC’s formation, when he paid £6 million for 4% in an internet start-up then sold the stake for £160m.
Initially, ENIC was supposed to focus on textiles but soon moved into football. Levy was taken by a great-uncle to his first game, Spurs v QPR, wearing a rosette, aged around eight. He later recognised football’s potential to grow in value but realised that “a football club is one of the hardest things to run” as he told Cambridge University’s newspaper last year.
State educated, Levy admits being unathletic at school (his favourite sports were skiing and abseiling). At Cambridge he eschewed student partying to focus on his degree. “I thought I had been given a great opportunity and was determined not to mess it up.” He graduated with a first in land economy, where you study not just the value of land but the politics around developing it. He started talking about rebuilding White Hart Lane, and delivering world-leading facilities, in 2001.
It took seven years and three planning applications to construct the Tottenham Hotspur Training Centre in Enfield, and a decade of work, including 80 separate property deals, to open the £1.2bn Tottenham Hotspur Stadium in 2019. Spurs’ valuation has increased almost 100 times, in his tenure, to over £2bn with revenues hitting a record £460 million before the pandemic.
“The smartest transfer policy in football, the best youth system, probably the best training ground and the world’s best stadium,” is how Crystal Palace chairman, Steve Parish, evaluates his rival’s work.
Transfer trading has underpinned Spurs’ rise. Unique to major clubs, they have grown without owner-funding – with Levy (who holds 29.9%, with Lewis holding 70.6%) raising every penny he spends. In 20 years, Spurs’ net spend is more than £1bn less than City’s, over £700 million less than Manchester United’s and almost £450 million less than Chelsea’s. However, constructing the new arena has left the club with £831m of debt (albeit mostly in long “mortgage-style” loans) and Covid saw it last year post a first loss (£68 million) since 2012.
Against the backdrop, Jol – Spurs manager from 2004 to 2007 – believes the old Levy would have cashed in on Kane but today’s Levy may not. “He has grown into his role,” says Jol, meaning that what started off as business has become something in which Levy invests emotionally, like a supporter. His four children, particularly eldest son Joshua, are Spurs fans and, according to someone who was a key Spurs employee for more than a decade, “he definitely ‘feels’ it – especially the north London rivalry and need to finish above Arsenal.”
In Levy’s office at Lilywhite House (he has another at the training ground) is a former street sign from Paxton Road, on which the old White Hart Lane stadium sat. On the wall are family photos and gifts from friends.
His ability to listen and absorb information is what most impresses those who have worked with Levy. He is a quiet man “but can be blunt and honest”, says the former employee. He reads every email he is sent, and even those where staff reply on his behalf. Though he cares little for public perception, Levy, now 59, is said to be across everything that is said and written about Spurs in the traditional media and on social outlets.
His grasp of detail is formidable. On his early-morning commute to work from his estate in Hertfordshire, Levy changes his route to drive whichever one of his club’s properties or projects is on his mind. He is a member of a club WhatsApp group with senior aides and if anyone spots something out of place at a piece of Spurs estate they take a photo and share it.