Tottenham: Lewis family to continue financial backing after boardroom reshuffle, says Vinai Venkatesham | OneFootball

Daniel Levy’s departure has seen Venkatesham become a key character at the club

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Tottenham chief executive Vinai Venkatesham has insisted Tottenham will have the "financial backing" of their owners in upcoming transfer windows.

A lack of success on the pitch was the driving factor behind Levy's removal, with the Lewis family hoping a new era brings "more wins, more often".

In an interview with Spurs' in-house media team, Venkatesham was asked whether supporters can expect increased investment from the owners as a result of the boardroom changes.

"So I need to try and answer your question without leading to a whole load of transfer war chest stories tomorrow," Venkatesham joked.

“It’s very fair to say that we have firm backing from the Lewis family against our ambitions to be successful on the pitch, both on the men’s and women’s side.

"They know that’s going to require investment, and we have their firm backing.”

Ousted: Daniel Levy

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According to research from football finance expert Kieran Maguire, Spurs were the most profitable club in the Premier League during Levy's tenure.

While Venkatesham spoke of the club being backed in the transfer market, he also made it clear that there will not be a complete departure from the sustainable approach that Levy oversaw.

"I would also say, like all other 20 Premier League clubs, we also need to make sure that we're also cognisant and aware of the financial fair play rules," Venkatesham said.

"That means we need to continue to grow our revenues. We need to continue to develop players both from the academy and young players that we buy. We need to make sure that we're selling players at the right time.

"And we also need to make sure that every time we're recruiting a player we're making smart decisions, both from a sporting perspective and a financial perspective.

"If you don't do that, because of how the financial regulations work, you can find yourself in a position where you've got money to spend but the regulations don't allow you to spend it.

"To summarise, absolutely, there's financial backing against the ambitions we have. Like every other club in the Premier League, we need to do that in line with the financial fair play rules."

Xavi Simons was among Spurs' new signings as the club invested heavily ahead of the 2025-26 Premier League campaign

Action Images via Reuters

Levy's departure, viewed as the final step in the boardroom restructure, came just a few months on from the Europa League triumph in Bilbao.

That, however, was only the second trophy of his tenure and Venkatesham has targeted more consistent success as he plots a path towards competing with the domestic and continental elite.

"We saw in May in Bilbao what that next step is," Venkatesham continued.

"That next step is competing and ultimately winning major trophies. We've had a taste of that, it's even better than you imagined. You realise the club is even bigger than you thought it was and you're hungry for more.

"That's what everybody associated with this football club is hungry for - more nights like that."