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A Football finance expert has warned that Daniel Levy’s exit from Tottenham Hotspur could harm the North London club, just as a high-profile exit did for another Premier League giant.
Levy left as Tottenham chairman after 24 years at the helm, and in that time, he oversaw an impressive off-pitch transformation at Spurs.
There are still question marks over his record on the footballing side, with some seeing Levy as the main reason for the club’s shortage of silverware over the last two decades.
The Lewis family have said that they want to usher in a new era of on-pitch success at Tottenham, but an expert has warned Spurs fans that it may not all be sunshine and rainbows.
Tottenham warned they could go down Man United’s road
Football finance expert Kieran Maguire has said that, given the control that Levy enjoyed at Tottenham for so long, his exit may create a vacuum.
He pointed to the negative impact that David Gill’s exit had on Man United and suggested that the Lilywhites may be underestimating the ease of replacing the 63-year-old.
When asked about the impact of Levy’s exit, Maguire told TBR Football: “There is a lot of unpicking to do before Tottenham can move past the Daniel Levy way. I am always slightly concerned that when you get rid of a chief executive and your man on the shop floor in the manager as well, that can create a void.
“You only have to look at what happened at Man United – it wasn’t just the departure of Sir Alex Ferguson; it was the fact that David Gill left at the same time. Also, as far as Ferguson was concerned, he was somewhat similar to Levy in that he ran the club as a personal fiefdom as far as the footballing side was concerned. There are similarities there.
“He was very ably supported by Gill. When they left, Man United were a rudderless ship. It might be a bit different at Spurs because they have had a much more rotational policy as far as the manager was concerned. But at the board level, they will perhaps find that they underestimate just how many things that Levy was overseeing.”
Levy’s exit had been in the pipeline for a long time
According to reports, Levy was completely blindsided by ENIC’s decision to remove him, with the former Spurs chairman only finding out his fate hours before the club’s public announcement.
However, it has been claimed by some sources that Levy’s departure from Tottenham had been in the pipeline for many months.
In fact, it is thought that the changes at the boardroom level, including the hiring of Venkatesham, were done with Levy’s departure in mind by the Lewis family.
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