Tottenham Hotspur Chairman Daniel Levy Resigns With Immediate Effect

‎Daniel Levy, who has served as Tottenham’s chairman for 25 years, has left his role with immediate effect.

‎Levy became chairman in 2001 after acquiring a 27% stake in the club with business partner Joe Lewis and taking charge of day-to-day affairs.

‎Six years later, they gained full control by buying the remaining shares from former owner Alan Sugar for £25 million.

‎Under his leadership, the club has regularly finished inside the top four of the Premier League and has enjoyed success in Europe, reaching the Champions League final and winning the Europa League.

‎They moved into the brand-new Tottenham Hotspur Stadium in 2019, which is now widely regarded as one of the world’s best venues.

‎However, many fans have criticized him recently, arguing that he has not done enough to ensure the club has a squad capable of competing for the biggest trophies.

‎“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,” Levy said.

‎”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 who 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.”

‎He’ll be replaced by Peter Charrington, who recently joined the board and will now take over as Non-Executive Chairman, a newly-created role.

‎“I am very honoured to become Non-Executive Chairman of this extraordinary Club and, 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,” said Charrington.

‎“This is a new era of leadership for the club, on and off the pitch. I do recognise there has been a lot of change in recent months as we put in place new foundations for the future.

‎”We are now fully focused on stability and empowering our talented people across the Club, led by Vinai and his executive team.”

‎Levy’s tenure was defined by constant managerial changes

‎Despite the Spurs’ Europa League success last season, the club finished 17th in the Premier League after a record 22 defeats.

‎Levy sacked Ange Postecoglou just over two weeks after their win against Manchester United in the final. Levy’s tenure has been marked by a high turnover of managers, a hallmark of his time as chairman.

‎Within a month of taking over in 2001, he dismissed his first manager, George Graham, who left after two-and-a-half years in charge.

‎When Thomas Frank replaced Postecoglou, he became Levy’s 14th permanent manager at the club.

‎The club has clarified that there will be no changes to the ownership structure.