Tottenham’s long-standing executive chairman Daniel Levy has stepped down from his role after 24 years at the helm of the club.
Levy was appointed in March 2001 and leaves after Spurs won the Europa League last season to end a 17-year wait for a trophy.
“I am incredibly proud of the work I have done together with the executive team and all our employees,” said Levy.
“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 said Peter Charrington would become non-executive chairman of the club, a new role.
Charrington, a director of Tottenham’s owners ENIC, was appointed to the Spurs board in March as a non-executive director.
Tottenham may have won their European trophy last season, but the success came amid the backdrop of a difficult Premier League campaign in which the team finished 17th under Ange Postecoglou, who was sacked in the summer and replaced by Thomas Frank.
There were a number of protests aimed at Levy last season, with prominent banners at the home defeat by Leicester in January carrying the messages “Our game is about glory, Levy’s game is about greed” and “24 years, 16 managers, 1 trophy – time for change”.
There were also regular chants of “Levy out” during the campaign.
Levy oversaw the switch from White Hart Lane to the state-of-the-art Tottenham Hotspur Stadium, which the club made their new home in 2019.
Football finance expert Kieran Maguire has described Tottenham as the “most profitable club in Premier League history” because of the money their new stadium generates, a historically lower wage structure and a “degree of caution” on transfer spending.
