Tottenham Hotspur have confirmed that executive chairman Daniel Levy has stepped down after nearly 25 years in charge. As a shareholder of owners ENIC, Levy at one point was the highest paid Premier League chief executive, earning over \u00a36 million ($8 million) a year.<\/p>\n
\u201cI 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.\u201d<\/p>\n
Levy\u2019s tenure encompassed managerial appointments from Glenn Hoddle in 2001 through to the current manager Thomas Frank. Among the most visible projects during his time was the development of Tottenham Hotspur Stadium, built to replace the old White Hart Lane. The stadium has also become a venue for major music events and NFL games under a 10-year deal signed in 2018.<\/p>\n
He is also associated with a then world record sale when Gareth Bale left for Real Madrid in 2013 for \u00a386 million. Levy promoted a structure focused on developing players, with notable graduates and signings including Christian Eriksen, Son Heung-min and Dele Alli.<\/p>\n
\u201cI wish to thank all the fans that have supported me over the years. It hasn\u2019t always been an easy journey but significant progress has been made. I will continue to support this club passionately,\u201d Levy stated in closing.<\/p>\n
Throughout his time as chairman he was subject to criticism from Spurs supporters for operating a budget less comparable to the other traditional \u2018Big Six\u2019 sides in England\u2014Arsenal, Manchester United, Manchester City, Chelsea and Liverpool.<\/p>\n
Changes at board level have already been under way. Ex-Arsenal managing director Vinai Venkatesham arrived earlier this year as chief executive, while Peter Charrington has been appointed non-executive chairman. \u201cI do recognise there has been a lot of change in recent months as we put in place new foundations for the future,\u201d Charrington said. \u201cWe are now fully focused on stability and empowering our talented people across the Club, led by Vinai and his executive team.\u201d<\/p>\n
The club reiterated that there are no ownership or shareholder structural changes.<\/p>\n","protected":false},"excerpt":{"rendered":"
Daniel Levy has stepped down after nearly 25 years; club stresses stability and no ownership changes<\/p>\n","protected":false},"author":1,"featured_media":2499,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[172,187],"tags":[256,507],"class_list":["post-2500","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-epl","category-tottenham-hotspur","tag-christian-eriksen","tag-heung-min-son"],"_links":{"self":[{"href":"https:\/\/www.weplayfpl.com\/news-articles\/wp-json\/wp\/v2\/posts\/2500","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.weplayfpl.com\/news-articles\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.weplayfpl.com\/news-articles\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.weplayfpl.com\/news-articles\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.weplayfpl.com\/news-articles\/wp-json\/wp\/v2\/comments?post=2500"}],"version-history":[{"count":0,"href":"https:\/\/www.weplayfpl.com\/news-articles\/wp-json\/wp\/v2\/posts\/2500\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.weplayfpl.com\/news-articles\/wp-json\/wp\/v2\/media\/2499"}],"wp:attachment":[{"href":"https:\/\/www.weplayfpl.com\/news-articles\/wp-json\/wp\/v2\/media?parent=2500"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.weplayfpl.com\/news-articles\/wp-json\/wp\/v2\/categories?post=2500"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.weplayfpl.com\/news-articles\/wp-json\/wp\/v2\/tags?post=2500"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}