Chairman Levy stepping down after 25 years. Image: Getty Images.
(The Post News)– Daniel Levy, the club’s long-serving executive chairman of Tottenham Hotspur, announced on Thursday that he has stepped down after nearly 25 years at the helm.
The decision marks the end of an era for the Premier League side, as the club looks to the future with a renewed focus on long-term success both on and off the pitch. In a statement released on its official website, the North London club confirmed the leadership transition, emphasizing that the move aligns with its ambitions for sustainable sporting excellence.
“This is all part of the club’s ambition to ensure that it is set up to deliver long-term sporting success,” the statement read. Since taking over from Alan Sugar in February 2001, after ENIC acquired a majority stake in the club, Levy has played a pivotal role in reshaping Tottenham’s infrastructure. Under his leadership, the club built a world-class stadium and a state-of-the-art training ground, positioning itself as a global football brand.
However, Levy’s tenure wasn’t without controversy. Fans frequently criticized his hard-nosed negotiating style and blamed him for failing to consistently deliver top-tier players capable of ending the club’s trophy drought. Despite such frustrations, Levy did oversee the club’s two major trophies in the modern era: the League Cup and, most recently, the Europa League title in the 2023/24 season, following a victory over Manchester United in Bilbao—their first piece of silverware since 2008.
Levy Expresses Pride Over His Work
Reflecting on his departure, Levy expressed pride in his contributions: “I am incredibly proud of the work I have done together with the executive team and all our employees. We have built this club into a global heavyweight competing at the highest level.” Tottenham clarified that no changes have been made to the club’s ownership or shareholder structure.
Following the Europa League triumph, Levy made a dramatic decision by sacking manager Ange Postecoglou despite the success, citing the club’s 17th-place finish in the Premier League—their worst in recent history. He replaced Postecoglou with Thomas Frank from Brentford, marking Levy’s 13th full-time managerial appointment during his tenure.
To fill the leadership void, Peter Charrington has stepped into the newly created role of non-executive chairman. He acknowledged the significant impact Levy made during his time at the club: “On behalf of the Board, I would like to thank Daniel and his family for their commitment and loyalty to the club over so many years.”
Charrington added that this moment signals a “new era of leadership” for Tottenham, stressing the importance of stability and empowerment as the club moves forward under CEO Vinai Venkatesham and his executive team. “We recognize there has been a lot of change in recent months as we lay new foundations for the future,” Charrington noted. “Our focus is now fully on stability and enabling our talented people across the club to thrive.”
As of the latest rankings, Tottenham Hotspur sits ninth on the Forbes list of the world’s richest football clubs, reinforcing the commercial growth that has taken place under Levy’s stewardship.
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