No resignation, dismissal in Daniel Levy's case! The slides of the decision that shook the Premier League

Tottenham presented it as a resignation – “Daniel Levy left the position of executive president” – but in reality it was a dismissal. The Athletic publication presented the backstage of the Premier League.

In 2001, Daniel Levy was installed Executive President in Tottenham, just a few months after the ENIC investment company, led by Joe Lewis's family, purchased 29.9% of the club's shares.

At 24 years old, Tottenham, today a club of a completely different caliber -sports and financial -, announced the dismissal of Levy, the last of a long series of leadership. Officially, “everything is part of the club's ambition to make sure it is equipped for long -term sports success.”

Premier League dismissal backstage: Daniel Levy was kicked out of Tottenham

Although the decision seemed sudden and surprised by the followers of English football, its roots had been planted a long time ago.

The Athletic reveals that the Lewis family, the holder of the majority shares in Tottenham, has been contracted since the beginning of this year an American management consulting firmGibb river, To analyze why Tottenham has not had the expected sports success in recent years.

The conclusion was that The football team did not have as good results as it should have and that Levy has benefited enough time to run the club in its own way. If his recipe has not worked at the sports level, bringing a single trophy in the last 17 years, the Europa League in May, then it was the time to change.

“The Lewis family wants what the supporters want: more victories, more often,” say sources close to leadership.

Thus, Levy was dismissed from the position of executive president, and Peter Charrington co-opted into the Board of Directors and appointed non-executive chairman, a rather honorary, surveillance, newly established in the club organizational chart. Recently, Vinei Venkatesham was installed as CEO.

Levy stays shareholder in Tottenham

Even though he is no longer part of the club's executive management, Daniel Levy continues to hold some of the club's shares. Not directly, but through the holders it has at the SMAN investment company.

Through his trusts, Levy holds 29.88% of ENIC shares, which in turn reached an 86.91% participation in Tottenham. It turns out that Levy has control over about 26% of the shares of the football club.

There is currently no information that Levy or Lewis family would intend to give up their actions. Sources close to the leadership really insist: “The club is not for sale”.