Former Tottenham Hotspur chairman Daniel Levy is competing against the family that controls the Premier League club to buy NBA Europe's new London-based team. The Lewis family, Tottenham's current owners, have joined a consortium bidding for the franchise, which is valued at $1bn (£741m). Levy, who left his role as chairman last year, is pursuing the London basketball team separately. The rival bids pit Levy against the club's ownership group in a contest for one of the most high-profile expansion teams in the new European league. Neither side has commented publicly on the process, and no deal has been announced.