Would ENIC survive Tottenham getting relegated?

Amid the chaos at Tottenham, the question of what would happen at the club if Spurs were relegated occupies most fans’ minds. Here, we look at what impact the fall from grace to the Championship would have on owners, ENIC. Yet some fans are still discussing a sale for £3 billion.

The fact is that ENIC are extremely unlikely to “survive” relegation in the sense of maintaining long-term stability or avoiding massive fallout if Spurs actually go down to the Championship.

The club is in danger right now, and relegation would represent a catastrophic failure under their ownership.As of mid-March 2026, Tottenham sit in 16th place in the Premier League after 29 games, with 29 points (7 wins, 8 draws, 14 losses; goal difference 7). They are just one point above the relegation zone (Nottingham Forest and West Ham on 28 points each).

Spurs have been in free fall: no Premier League win in 2026, losers of their last five league games (including recent defeats to Fulham and Crystal Palace), and they’ve won only two league matches since November 2025.

This follows a dismal 17th-place finish the previous season (2024/25), showing a multi-year decline from title challengers a decade ago to relegation candidates. Relegation probability estimates (e.g., from Opta) have hit around 16% recently, described as a season high, and media across the board (Guardian, Athletic, Goal, BBC, Sky) call it a “very real threat” or even “set in stone” without drastic change.

Manager Igor Tudor has struggled badly, with ENIC reportedly leaving decisions on his future to executives like Johan Lange and Vinai Venkatesham rather than intervening directly. There’s talk of potential replacements such Sean Dyche as a “survival specialist,” but no action yet.

If relegated, the Financial hit would be huge (lost Premier League revenue, parachute payments help but not enough for Spurs’ wage bill/stadium costs). Player contracts reportedly include relegation clauses (e.g., 50% wage cuts), but stars could leave, accelerating decline.

It’d be historic—the biggest shock in modern Premier League history for a club of Spurs’ stature (never relegated from the Premier League era, the best stadium, Europa League champs recently). Fan pressure for ENIC to sell would skyrocket, but they’ve shown no willingness to exit even amid a crisis.

This would all be against a backdrop of dwindling sponsorship incomes and endless online abuse. ENIC would not be the same after relegation.