1 day ago
4
Tottenham Hotspur have thrown a bombshell by confirming that Daniel Levy has now stepped down from his role as the club’s executive chairman.
Levy, who is part-owner of Spurs, has served as the club’s chairman ever since ENIC bought the club back in 2001.
During that 25-year tenure, he has overseen the transformation of Tottenham off the pitch, with the club leaving White Hart Lane to move into their new stadium and becoming a financial powerhouse in Europe.
However, Levy has been blamed by some pundits for Tottenham’s lack of silverware, with the Lilywhites managing to win just two trophies during his tenure.
Daniel Levy makes major decision to step down at Tottenham
There were multiple major protests by Spurs fans last season, with supporters marching in the thousands to raise their voice against Levy and the Tottenham ownership, calling for them to step down.
The 63-year-old has now done just that, with Tottenham confirming that he has vacated his role after nearly 25 years at the helm of the North London club.
The club’s statement reads: “Tottenham Hotspur announces that Daniel Levy has today stepped down from his role as Executive Chairman after nearly 25 years.
“Tottenham Hotspur has been transformed over the last quarter of a century. It has played in European competitions in the last 18 of 20 seasons, becoming one of the world’s most recognised football clubs, consistently investing in its academy, players and facilities, including a new, world-class stadium and state-of-the-art training centre.
“The club has also competed regularly at the highest level, enjoying a number of fantastic on-field successes, including the recent Europa League cup win.
“As part of its succession planning, the club has made a number of senior appointments in recent months. Vinai Venkatesham was hired as Chief Executive Officer (CEO), with Thomas Frank as our new men’s head coach and Martin Ho as women’s head coach. Peter Charrington joined the board and will step into the newly created role of Non-Executive Chairman.”
No change in Tottenham’s ownership structure
Over the last 12 months, there have been major rumours of a potential takeover of Tottenham Hotspur.
It has even been reported that Spurs were in talks over selling a minority stake in a deal which values the whole club at £5 billion while some outlets suggested that several American investors had shown interest in buying a stake in Spurs.
However, along with their announcement of Levy’s departure, Tottenham confirmed that there are no changes to the ownership or shareholder structure of the club at present.
Have something to tell us about this article?
English (US) ·