Daniel Levy steps down as Tottenham Hotspur executive chairman as 25-year era ends

End of an era: Daniel Levy steps down as Tottenham executive chairman

Tottenham Hotspur have announced on Thursday that Daniel Levy has stepped down from his role as executive chairman at the club.

Levy has held the top position at the north London club for nearly 25 years, and during his tenure, he has transformed Spurs into one of the top sides in the Premier League. 

The 63-year-old replaced Lord Alan Sugar as Tottenham chairman in 2001 and has overseen a period of remarkable transformation, during which they consistently invested in hiring top players and managers, as well as in the academy and facilities. 

Under Levy, Spurs have played in European competitions in 18 of the last 20 seasons, and he leaves after the north London club won the Europa League last season, ending a 17-year wait for a trophy.

The most significant success, however, is the building of the new world-class stadium and state-of-the-art training centre.

Emotional Levy sends brilliant message after stepping down 

Tottenham have made several senior appointments in recent months, with Thomas Frank becoming the new head coach after Spurs sacked Ange Postecoglou

Levy said: “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. More than that, we have built a community. I was lucky enough to work with some of the greatest people in this sport, from the team at Lilywhite House and Hotspur Way to all the players and managers over the years.

“I wish to thank all the fans that have supported me over the years. It hasn’t always been an easy journey but significant progress has been made. I will continue to support this club passionately.” 

Levy divides opinion among the fans

According to the club statement, there are no changes to the ownership or shareholder structure of the club, and it will be interesting to see how the situation develops in the coming months. 

As part of a new-look set-up at Spurs, Vinai Venkatesham was hired as Chief Executive Officer (CEO), and Peter Charrington joined the board, stepping into the newly created role of Non-Executive Chairman.

Tottenham boasted the ninth-highest revenue in world football last year, generating an eye-watering £533m in matchday, broadcasting and commercial revenue. 

However, Spurs fans have occasionally vented their frustrations at Levy due to the team's on-field performances. Under his reign, 13 managers have come and gone, and despite hiring the likes of Jose Mourinho, Antonio Conte, Andre Villas-Boas, Juande Ramos, Harry Redknapp, Mauricio Pochettino and Postecoglou, Spurs have rarely managed to challenge for the Premier League title, which should come as a big disappointment. 

Levy was not afraid to pull the trigger when it came to managers, and many were left shocked when he decided to fire Postecoglou, who had steered the club to victory over Manchester United in the Europa League final the previous season. 

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