Daniel Levy steps down as executive chairman of Tottenham Hotspur | OneFootball

Daniel Levy has stepped down from his role as executive chairman of Tottenham Hotspur after more than 20 years in the role.

Levy became chairman of Spurs in 2001 soon after ENIC’s takeover of the club, and has overseen huge changes, including the construction of £1 billion stadium, a state-of-the-art training ground and some success on the pitch, winning the League Cup and the Europa League trophy, and reaching a Champions League final.

Over the last few years, however, ENIC and Levy have faced criticism from fans over a perceived lack of investment in players, and matches in the past few months have been accompanied by protests in the streets of Tottenham and inside the stadium.

Levy said: “I am incredibly proud of the work I have done together with the executive team and all our employees. 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.”

The club appointed former Arsenal executive Vinai Venkatesham as Chief Executive Officer this summer, having already appointed financier Peter Charrington as a non-executive director in March. Charrington now becomes the Non-Executive Chairman.

He said: “I am very honoured to become Non-Executive Chairman of this extraordinary club and, on behalf of the Board, 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, led by Vinai and his executive team.”

Levy’s decision to step down does not affect his shareholding in the club, who stated: “There are no changes to the ownership or shareholder structure of the Club.” Levy and his family own 29.88% of the share capital of ENIC, which in turn owns 86.91% of Tottenham Hotspur.