Tottenham Hotspur are no longer led by long-serving former chairman Daniel Levy, who’s now departed Spurs after a mixed but very memorable 25-year tenure.
Levy, who helped to transform the Lilywhites from a mid-table Premier League side under Sir Alan Sugar into a financial powerhouse off the field, couldn’t do that much to turn around their on-pitch form.
Just two major trophies in his two-and-a-half-decade-long spell in charge highlight exactly why supporters staged recent protests over Levy and ENIC, demanding change in their thirst for success.
Tottenham are one of the most valuable football clubs in the world, and in that sense, Levy leaves N17 in a much more fit state than when he first arrived.
Real Madrid
£1.2 billion
Man City
£727 million
PSG
£700 million
Man United
£668 million
Bayern Munich
£664 million
FC Barcelona
£659.5 million
Arsenal
£621.5 million
Liverpool
£620 million
Tottenham Hotspur
£533 million
Chelsea
£474 million
via Deloitte Money League
However, criticism surrounding a lack of spending compared to elite rivals, not to mention some pretty comical moments as a result of questionable decision-making, perhaps explain why a change is needed in the boardroom.
Spurs’ infamous 2021 search for a new manager after sacking José Mourinho, which spanned a crazy 72 days, resulted in their hire of Nuno Espírito Santo, who was sacked just months later. Antonio Conte replaced the Portuguese, but he’s remembered just as badly for his insane post-match press conference against Southampton in 2023.
More recently, Tottenham’s repeated fumbles in the summer transfer market were pretty embarrassing. Despite agreeing deals for Morgan Gibbs-White and Eberechi Eze, both moves fell through at the eleventh hour, forcing Levy to scramble for new signings in the final days, even if he had months to prepare beforehand.
While Levy wasn’t solely responsible for these mishaps, the 63-year-old had a “vice-like” grip on Tottenham’s day-to-day running, but that was eventually weakened by the involvement of Joe Lewis’ kids, who are growing in influence behind-the-scenes (Paul O’Keefe).
Eventually, Levy was informed by ENIC that he’d be stepping down from his role as chairman, and according to The Times, he wasn’t aware of this until just hours before the north Londoners made it official.
Now, a report by The Independent and journalist Miguel Delaney has shared how those within football have viewed this huge announcement.
How senior officials reacted to Daniel Levy exit from Tottenham
Delaney writes that many senior executives in football, presumably Levy’s Premier League counterparts, were “stunned” by the news of his resignation on Thursday evening.
Furthermore, it is reported that multiple sources heard of growing tension between Levy and ENIC owner Joe Lewis, that had been “bubbling away” for years beneath the surface.
The Lewis Family, in an official statement, are adamant that a “new era” has begun at Tottenham, but whether that is the promise of more silverware remains to be seen.
“Generations of the Lewis family support this special football club and they want what the fans want – more wins more often,” read the statement.
“This is why you have seen recent changes, new leadership and a fresh approach.
“In Vinai (Venkatesham), Thomas (Frank) and Peter Charrington, they believe they are backing the right team to deliver on this. This is a new era.”