Daniel Levy Stuns Football World with Bombshell Tottenham Exit
Tottenham Hotspur of the Premier League have confirmed that executive chairman Daniel Levy has resigned from his position following almost 25 years with the organization.
"I take immense pride in the achievements accomplished alongside the executive leadership and our entire workforce. We have transformed this institution into a worldwide powerhouse competing at elite levels. Beyond that, we have created a family," Levy commented.
"I had the privilege of collaborating with some of the most exceptional individuals in football, from the staff at Lilywhite House and Hotspur Way to every player and coach throughout the years."
Levy, holding shares in Spurs' parent company ENIC, was once the Premier League's top-earning chief executive, receiving more than £6 million ($8 million) annually. He supervised coaching appointments starting with Glenn Hoddle in 2001 through to current manager Thomas Frank.
Among his achievements was supervising the construction of Tottenham Hotspur Stadium, a cutting-edge venue designed to replace the historic White Hart Lane. The facility also serves as a sought-after location for major concerts and NFL matches through a decade-long agreement established in 2018.
Levy is also recognized for orchestrating the then-record transfer of club legend Gareth Bale for £86 million to Real Madrid in 2013. He championed a framework focused on nurturing talent, achieving remarkable results with players like Christian Eriksen, Son Heung-min and Dele Alli.
"I want to express gratitude to all supporters who have backed me throughout the years. The path hasn't always been smooth, but substantial advancement has been achieved. I will remain a passionate advocate for this club," Levy concluded.
He faced regular disapproval from Spurs fans during his leadership for maintaining spending levels below those of England's other traditional 'Big Six' clubs—Arsenal, Manchester United, Manchester City, Chelsea and Liverpool.
Former Arsenal managing director Vinai Venkatesham joined as chief executive earlier this year, while Peter Charrington has taken on the role of non-executive chairman.
"I acknowledge there has been considerable transition in recent months as we establish new groundwork for what lies ahead," Charrington noted. "We are now completely committed to consistency and supporting our skilled personnel throughout the Club, under Vinai's guidance and his leadership team."
The organization emphasized that no changes to ownership or shareholder arrangements are taking place.