He is managing director of ENIC International Ltd., which is an investment company. He replaced Alan Sugar as chairman of Tottenham in February 2001. This happened after ENIC bought a controlling stake in the club. ENIC is controlled by Joseph Lewis. Levy was before this a director of the Scottish football club Rangers, in which ENIC held a significant stake. Before this, ENIC has also controlled many other European football clubs including AEK Athens, Slavia Prague and Vicenza. ENIC has also had power in non-football companies such as Warner Bros. and Autonomy.