Daniel Levy has called time on his tenure as Tottenham chairman and will step down with immediate effect.
The 63-year-old’s departure comes after almost a quarter of a century at the helm of the north London club’s business operations, during which Tottenham won the League Cup and Europa League and reached the Champions League final for the first time.
Levy, who was appointed in March 2001, also oversaw the move from White Hart Lane to the state-of-the-art 62,000-seat Tottenham Hotspur Stadium, which he recently described as his biggest achievement.
“I am incredibly proud of the work I have done together with the executive team and all our employees,” Levy said in a statement. “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.”
‘Tottenham Hotspur has been transformed over the last quarter of a century’
Peter Charrington, a director of the club’s owners ENIC, will assume Levy’s responsibilities in the newly-created role of non-executive chairman after joining the Tottenham board earlier this year as a non-executive director.
“Tottenham Hotspur announces that Daniel Levy has today stepped down from his role as executive chairman after nearly 25 years,” said a club statement.
“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.”
‘A new era of leadership for Tottenham’
Despite that success, Levy’s departure comes against a backdrop of growing disillusionment, with supporters demonstrating against his stewardship of the club.
Tottenham’s Europa League victory over Manchester United in May was counterbalanced by a 17th-place finish in the Premier League that cost manager Ange Postecoglou his job just a fortnight later.
Charrington said: “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.”
