SPURS' LEVY STEPS DOWN

Daniel Levy steps down from his post and says "Spurs spending must be 'smart and sustainable'." 

 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.

This is all part of the Club’s ambition to ensure that it is set up to deliver long-term sporting success.

Daniel 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.”

Peter Charrington, Non-Executive Chairman, said: “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".

“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.”

There are no changes to the ownership or shareholder structure of the Club.

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. 

The 63-year-old was the longest serving chairman in the Premier League before his departure’ having been appointed as Spurs chairman in March 2001. He leaves after the club won the Europa League last season to end a 17-year wait for a trophy. 

A statement on the club’s website read: “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.”

The statement said there would be no changes to the ownership or shareholder structure of the club. In August Levy described the construction of the Tottenham Hotspur Stadium as his greatest achievement and hit back at fans who have blamed him for the club’s failure to win more trophies. “It’s one of those situations when I’m not here I’m sure I’ll get the credit,” Levy told Gary Neville on his Overlap podcast. Despite Spurs’ Europa League success last season, the club finished 17th in the Premier League after a record 22 defeats and Levy sacked Ange ­Postecoglou just over two weeks after their win over Manchester United in the Final.