How outgoing Tottenham supremo ranked among his Premier League peers
Daniel Levy has stepped down from his role as Tottenham chairman with immediate effect, the Premier League club have announced.
Levy had been at the helm for almost 25 years and was the longest-serving chairman in the Premier League.
“I am incredibly proud of the work I have done together with the executive team and all our employees,” Levy said on the club website.
“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.”
How Daniel Levy compared to other Premier League owners
20 Burnley - Alan Pace Estimated Net worth: £190 million.
19 Brentford – Matthew Benham Estimated Net worth: £210 million
18 Brighton – Tony Bloom Estimated Net worth: £1.3 billion
17 Sunderland - Kyril Louis-Dreyfus Estimated Net worth: £2 billion
16 Bournemouth – William P. Foley Estimated Net worth: £2.1 billion
15 Nottingham Forest – Evangelos Marinakis Estimated Net worth: £3.3 billion
14 Crystal Palace – John Textor, David Blitzer, Josh Harris, Steve Parish Estimated Net worth: £4.3 billion
13 Wolves – Guo Guangchang, Liang Xinjun, Wang Qunbin Estimated Net worth: £4.4 billion
12 Tottenham – Joe Lewis, Daniel Levy Estimated Net worth: £4.5 billion
11 Leeds United - 49ers Enterprises Estimated Net worth: £5.2 billion
10 Liverpool – John W. Henry, Tom Werner Estimated Net worth: £6 billion
9 Everton - Roundhouse Capital Holdings Ltd Estimated Net worth: £6.2 billion
8 Aston Villa – Wes Edens, Nassef Sawiris Estimated Net worth: £9.6 billion
7 Fulham – Shahid Khan Estimated Net worth: £10 billion
6 West Ham – David Sullivan, Daniel Kretinsky, Vanessa Gold Estimated Net worth: £10.3 billion
5 Arsenal – Stan Kroenke Estimated Net worth: £11.2 billion
4 Chelsea – Todd Boehly, Hansjorg Wyss, Mark Walter Estimated Net worth: £11.9 billion.
3 Manchester City – Abu Dhabi United Group, Silver Lake Estimated Net worth: £20 billion.
2 Manchester United – Glazer Family, Sir Jim Ratcliffe Estimated Net worth: £24.4 billion.
1 Newcastle United – Saudi Public Investment Fund, RB Sports & Media, PCP Capital Partners Estimated Net worth: £489 billion.
What next for Tottenham
Levy had been instrumental in bringing in new Spurs head coach Thomas Frank, following the departure of Ange Postecoglou despite the club’s success in the Europa League last season after finishing 17th in the Premier League on the back of a club-record 22 defeats.
There were, though, growing frustrations within some of the Spurs fanbase over a perceived lack of progress under Levy’s long tenure, after a string of managers had come and gone without being able to deliver silverware.
Tottenham said when announcing Levy’s departure that there would be “no changes to the ownership or shareholder structure of the club,” with board member Peter Charrington, who is a director of Spurs’ owners ENIC, taking on the newly created role of non-executive chairman.
A club statement read: “As part of its succession planning, the club has made a number of senior appointments in recent months.
“Vinai Venkatesham was hired as chief executive officer, with Thomas Frank as our new men’s head coach and Martin Ho as women’s head coach.
“Peter Charrington joined the board and will step into the newly created role of non-executive chairman.”
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