Tottenham Chairman Daniel Levy Resigns After 25 Years, Club Plans New Leadership
Tottenham Chairman Daniel Levy Resigns After 25 Years, Club Plans New Leadership

Tottenham Chairman Daniel Levy Resigns After 25 Years, Club Plans New Leadership

News summary

Daniel Levy has stepped down as executive chairman of Tottenham Hotspur after nearly 25 years, marking the end of a significant era for the club. Under his leadership, Tottenham transformed from a mid-table Premier League team into a global football powerhouse, highlighted by the construction of a £1 billion stadium and a state-of-the-art training ground. Despite these achievements, Levy's tenure was met with mixed reactions from fans due to limited on-field success, winning only two trophies: the League Cup in 2008 and the Europa League in 2024, alongside frequent managerial changes. The club's ownership structure remains unchanged, with Levy and his family retaining a substantial minority shareholding through ENIC, while the Lewis family trust controls the majority. Tottenham is now entering a new phase with a fresh leadership team, including former Arsenal chief Vinai Venkatesham as CEO, Thomas Frank as manager, and Peter Charrington as non-executive chairman, all backed by the owners' ambition for more frequent success. Levy, whose net worth is estimated around $400–450 million, leaves behind a highly valuable club ranked ninth on Forbes' soccer rich list, valued at approximately $3.3 billion.

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