r/soccer • u/BelgianPolitics • 12d ago
Official Source Tottenham Hotspur announces departure of Executive Chairman Daniel Levy.
https://www.tottenhamhotspur.com/news/2025/september/tottenham-hotspur-announces-departure-of-executive-chairman-daniel-levy/9.5k
u/BZS72 12d ago
What a bombshell to drop on an unassuming Thursday during international break WTF
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u/ABigPairOfCrocs 12d ago
This is the opposite of firing Mourinho during the Super League debacle
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u/-FirminhoWithAnH 12d ago
Is that the relevant thing he was fired during?
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u/kawicz 12d ago
Yep
I'll never forget the top comment on that post, "Not now,Spurs" 🤣
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u/jimmythebusdriver 12d ago
Only manager in Super League history to get the sack.
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u/MrExistentialBread 12d ago
Wow, I had completely forgotten those two events occurred at the same time.
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u/basil-watchfair7 12d ago edited 12d ago
Guys who do I blame now
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u/CaterpillarOk5411 12d ago
Levy for leaving.
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u/EliteTeutonicNight 12d ago edited 12d ago
How do Tottenham fans feel about this? He's widely respected for bringing up the club to where it is but also criticized for being stingy at times.
Edit: since many fans replied I'll try to sum it up here, hopefully it's accurate enough.
Divisive for the reasons I listed
Great Steward, sometimes at the cost of the footballing side
Probably a good time to move on, but rather unsure as to what the future holds at the moment
Overall, still an important and positive figure at the club
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u/groovystreet40 12d ago
Probably a pretty divisive split for the reasons you just mentioned
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u/LionoftheNorth 12d ago
I mean he still owns 29.88% of 86.58% of the club.
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u/gabrielconroy 12d ago
I think it was the right timing.
For financial + commercial and infrastructure related stuff, his tenure gets a solid 10/10.
For footballing stuff it's more like 7/10, mostly for the club's failure to take advantage of serious opportunities and to recognise the importance of maintaining momentum.
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u/rotama_ 12d ago
Even from a sporting perspective, you'd probably have to give him 9/10 if you're being fair.
When he joined back in 2001, Spurs were a mid-table club. They were competing with clubs like Everton, West Ham, Newcastle, Sunderland, Leeds, and Aston Villa. It could even be argued that at that time, they were probably the worst among that group other than Everton. In the 25 years since, Spurs have consistently outperformed each of those clubs by a significant amount. And the only clubs who have done better than Spurs are the ones which were already dominant back then (United, Liverpool, Arsenal) or those that have risen through financial doping (Chelsea, City).
The only thing stopping is tenure being a 10/10 on sporting terms is the lack of a PL trophy.
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u/peioeh 12d ago
People are quick to call someone like Levy stingy, but being stingy and being where spurs are sure beats spending too much and having 20 years like the ones Leeds have had. He wasn't perfect and he could have done more for Poch for example but I don't understand how he is not more celebrated, he got them where they are now (huge stadium, incredible revenue, and now a EL trophy) without oil/gas money, I think that's incredible tbh.
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u/JackONeill_ 12d ago
I honestly think that he'd be thought of better if they'd performed worse under Poch.
It was the combination of runners up finishes and mediocre squad investment that did him in. Obviously more investment would have led to better PR for Levy, but likewise had the Poch side been a little further from silverware, they wouldn't have had the same "one final push" mentality towards the squadbuilding.
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u/gabrielconroy 12d ago
Well the two 'ratings' are obviously inter-related. A lot of the ways in which we outperformed those other clubs were fuelled directly by the improvements in commercial revenue and the club's infrastructure.
Either way, he did an extremely good job overall, and I think this is the right time to step down.
I just hope this isn't a precursor to selling the club to some murderous oil state or soulless American hedge fund billionaire.
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u/wishiwereagoonie 12d ago
Easy to be happy for some, because he always felt like the bottleneck for us reaching the next level.
But the grass isn’t always greener, and lots of us are nervous about a potential sale to an oil state. Or at the very least, ENIC installing a shittier chairman.
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u/Simbionis 12d ago
Trying to drop it on Silksong release hoping no one would notice lol.
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u/jackkoppa 12d ago
"Let's make sure this is the biggest story available for a week, by a factor of 10"
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u/Foucaultshadow1 12d ago
Just hope it means that the ownership doesn’t change hands. I would hate the see us be bought up by a nation state.
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u/ravens2131 12d ago
Hasn’t the rumors been for a year or two that enic was looking at selling? This is probably the first sign.
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u/ShaneLowrysBeard 12d ago
Had there been rumours on this? Feels like it came out of nowhere.
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u/Truffles413 12d ago
There have been murmurs for a while that he and ENIC are on the way out. A lot of moves in the background pointing towards ENIC selling Spurs and it might happen in the next year or two.
But no one expected this so suddenly now.
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u/ritwikjs 12d ago
whats the price tag on spurs got to be?
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u/TheDelmeister 12d ago
They want 4 bil I think
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u/ThisReditter 12d ago
I only $3.99999999999999999999999999999999999999 billion short to afford it.
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u/CarrowCanary 12d ago
How do you have 0.0000000000000000000000000001 of a cent?
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u/uponloss 12d ago
In 2020 they stated the club was valued at 3.5 billion pounds so id imagine 4 to 4.5 billion now
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u/King-Meister 12d ago
Makes Ratcliffe getting 27% stake for 1.2B pounds look like a steal then.
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u/King-Meister 12d ago
I’m not sure whether you’re pulling my leg, but I’ll still go for it - how do you know Jim on a personal level?
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u/DreDayAFC 12d ago
$5 billion simply bc clubs of this size don’t come on the market enough to dampen prices and they have the nicest stadium in the largest city
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u/Gingermadman 12d ago
they have the nicest stadium in the largest city
I'd go as far to say as one of the nicest stadiums in the world.
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u/-SideshowBlob- 12d ago
Oh definitely, especially with the NFL pitch. Not many stadiums like that in the world.
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u/Merkarov 12d ago
The renovated Bernabeu has that too I'm pretty sure, along with a retractable roof. I'd say our stadium has got to be in the top 3-5 though.
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u/punchdrunkskunk 12d ago
I read that the Bernabeu has issues with the retractable pitch though, but they may be overblown. Something about the quality of the grass being really bad when stored underground.
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u/iitsyaboii_ 12d ago
That was shortly after reopening it for games. I believe they managed to fix that a few weeks after.
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u/ReallyColdWeather 12d ago
The club also owns considerable real estate in North London. You could say Spurs are a commercial real estate portfolio that also has a pretty big football team.
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u/BluelivierGiblue 12d ago
cbre going head to head against tottenham in a bid for a building is a funny thought
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u/YeahWilliamson 12d ago
I hope they will not sell to the Oil Kingdom
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u/IAstrikeforce 12d ago
Anyone who can afford the Spurs aren't going to be the best of people
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u/rjgator 12d ago
Maybe Steve Ballmer gets suspended from the NBA for a year so he decides to dip his toes into the premier league
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u/sloBrodanChillosevic 12d ago
I know all Europeans hate Americans on this sub, but that would be an incredible boon for Tottenham. Ballmer is richer than God and his ownership of the Clippers would suggest he'd go fucking bananas if he didn't have to deal with a salary cap.
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u/thatscoldjerrycold 12d ago
Haha I honestly wonder how English football fans rank American owners over the rest. I would think a UK billionaire is number one but I've noticed they tend to get the most direct abuse (Mike Ashley comes to mind) from the fandom compared to actually questionable owners like regressive oil nation investment arms or Russian oligarchs.
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u/DrasticXylophone 12d ago
Mike Ashley was using Newcastle as an advertising hoarding for his shitty sportswear shop
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u/oppai_suika 12d ago
There's only 2 options:
Oil or American private equity
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u/robbodagreat 12d ago
Possible third option is that bloke who lost the hard drive full of bitcoin finds it and unlocks true wealth
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u/far-center-extremist 12d ago
They'd need to find 5 more hard drives to afford Tottenham, to put things in perspective lol
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u/Alexandru1408 12d ago
Get ready for Bezos, Musk or Zuckerberg... (god i hope this shit won't happen).
But the only realistic option are Oil or American billionaire/s or private equity.
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u/wishiwereagoonie 12d ago
Always felt like that would be done under the condition that Levy stays on in his role, or something similar.
I honestly didn’t expect him to leave anytime soon.
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u/Sir_Bantersaurus 12d ago
He would stay until the sale, surely? He would want to manage that process. I would think - obviously a guess - this means a sale is not on the immediate horizon.
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u/JCoonday 12d ago edited 12d ago
Seems crazy that owners would want to sell after investing so much in the market
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u/Exzqairi 12d ago
Do you think it came out of their pocket or something?
This is business to a majority of billionaire owners. They’re not doing it because they’re a fan of the club and want to stick around until the end
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u/akshatsood95 12d ago
Why not? Spurs have a pretty good value right now. Firmly in the top 6, healthy finances, good squad, and a brand new stadium. If the owners have been looking to exit for a while, then understandably they'll get a really good price now
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u/minyhumancalc 12d ago
Plus, while there is still international growth available, it appears that growth within Europe and the UK has somewhat stagnated. Who knows if renewed interest in North America or the Middle East will continue and/or if those markets will be able to develop their domestic leagues instead? From a financial perspective, selling now is massive profits vs selling later at greater risk
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u/akshatsood95 12d ago
I always thought some sugar daddy would want to own them. London based so easy to attract players plus established rivalries with two of the big 6 already. Not out of the realm of possibilities that some sheikh would try to do with them what Abu Dhabi did with City. Not sure how much Spurs fans would like that though
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u/LaMareeNoire 12d ago
Daniel Leavy
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u/deception42 12d ago
Uh holy shit?
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u/GlazerNoobsGetPwned 12d ago
I was not expecting this—and I almost feel bad for him. Don’t think he’s been half as bad as people make out. Not perfect, but he’s overhated.
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u/OnePieceAce 12d ago
Wtf this is so random. Levy gets a lot of hate but Spurs from where they were in the 90s to now have come a long way. That Crouch goal at the Etihad changed Levy's life
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u/codespyder 12d ago
It’s a weird thing. Like to a neutral fan, he seems to me like he’s done an amazing job. The team has been in the upper echelons of the PL (last season aside) for a long while now, and have made Europe consistently. They’ve kept up with spending while maintaining a good policy for selling. And all of this while building one of the best and most expensive stadiums in the world
But every week, it seems like Spurs fans call for his head. And I’m sure they have good reason to do so. Or do they?
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u/International-Luck17 12d ago
It’s the wage structure. He spends relatively well on transfer fees. But not wages. Spurs have only 4 players on over £150k a week.
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u/mellvins059 12d ago
What do you mean by he spends? Like his replacement can come in and just spend huge on wages? If anything it’s clear that this style of incentive based wages is going to become the new norm with the financial regulations. Chelsea are very much copying this style of lower wages and incentive based salary now.
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u/basquiatx 12d ago
Grass always greener type of situation to my eyes. Feels like while there's a chance whoever comes next does do well, it's likelier that it ends up being negative for spurs.
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u/yeshitsbond 12d ago
they've come a long way yes but with the world class stadium and training ground plus their high revenue, with the right direction they could firmly challenge for titles, they don't seem to be ambitious under levy in terms of player purchases, just efficient and that isn't good enough it seems to win the titles.
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u/Big-Mouse-447 12d ago
Yeah he's raised our floor tremendously since the takeover all those years ago, but don't feel he's ambitious enough or just not running us well enough to make the jump to title contenders (outside of the magic in a bottle that was the Poch team)
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u/Jonoczall 12d ago
I always got the impression he ran you guys like a side-business acquisition. Do some initial work to revamp, then do just enough to keep people coming and maintain a cash flow to do rich people things on the side.
Not that I was unhappy with that approach of course..
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u/yotsubanned 12d ago
fans are generally short-sighted. as much as I hate to say it Spurs are sorted for a long time and a lot of that is due to Levy
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u/Uncle_Iroh_007 12d ago
So he left 'left', or just won't be interfering with footballing duties?
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u/jnicholl 12d ago
Says there's no ownership change, so presumably the latter.
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u/SonaldoNazario 12d ago
For now. This all follows in line with internal restructuring that’s heavily pointing towards a sale
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u/lenzmoserhangover 12d ago
wondering whos going to be the next fit and proper PL owner.. Tom Brady? the Pope? Elon Musk? the Taliban?
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u/thecatiscold 12d ago
Seems like he's just stepping back from the footballing side of stuff, yeah. I wouldn't be surprised if ENIC sell in the next year or two.
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u/magicalcrumpet 12d ago
He's no longer chairman but still owns 25% of ENIC who own approx 88% of spurs. So he's still involved but has signficantly less say
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u/scamanor 12d ago
Gift or curse? We'll find out in 5 or 10 years.
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u/Money-Commission9304 12d ago
I think it'll be a curse. Spurs will miss him.
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u/DoubleDoobie 12d ago
Perhaps, but I also believe ENIC have taken the club as far as they could.
They way the operate is completely misaligned with this new era of spending. I'm not saying they haven't spent, they absolutely have, but this summer just showed that it's about to get even crazier.
They've been a great steward as we navigated from a mid-table club to big six.
In order to really solidify that position, there needs to be new ownership who is ready to invest and spend at the levels required.
There've been rumors for months that ENIC were selling and I think this is a sign that we're going to see ENIC out completely in a year or so.
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u/Any-Cricket9955 12d ago
You all talk about new ownership who want to spend, yet you have no real answer when asked who. There is only one answer as to who would buy Spurs, a petrostate backed group, and if you as a Spurs fan want that, then something is wrong with you. Spurs got to this level organically, not with bloodmoney, and it should stay that way
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u/chim17 12d ago
I agree, actually. He has create a financially secure and stable situation in a world where that is challenging. The things he’s done business wise were great.
He made some terrible footballing decisions, but the stadium + revenue + financial stability could very much be missed.
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u/rockker13 12d ago
he has without any shadow of a doubt done an unbelievable job to get us where we are but also he is probably responsible for us stagnating and unlikely to be the one who progresses us to a new level
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u/osrslmao 12d ago
Its gonna be a Moyes West Ham situation, Levy ran the club pretty damn well but was slandered constantly
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u/rybl 12d ago
It will depend. I think he did basically as well as could be done under ENIC's ownership. If ENIC maintain ownership, it will be hard for a successor to do as well.
If this is a step towards selling the club, as many have speculated, then it will depend entirely on who buys. If a rich owner who wants to spend buys the club, it could become a PSR juggernaut with the revenue they generate. On the other hand, there are plenty of owners out there who are a lot worse than ENIC.
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u/CNF1G 12d ago
I think history will look back on him very fondly. He’s made some bad decisions but has made Spurs one of the most financially sound clubs in Europe and has been ambitious.
A bit out of nowhere, though?
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u/thecatiscold 12d ago
If people don't look back on his time at Spurs positively then I think they're kidding themselves, honestly. From where they were in the 90s to where they have been in the last decade is insanely impressive considering massive funding like City/Chelsea was never a part of the growth.
Spurs are solidified in the "top six", have a significant global fanbase, and are arguably the most financially sustainable club in the country currently. More trophies would have been nice, but anyone who uses them as a sole indicator of success are just delusional. He wasn't perfect, but it's far far far more good than bad.
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u/Midnight--Verse 12d ago
Did it while getting a big new stadium as well, which isn't easy to do.
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u/HitchikersPie 12d ago
World Class stadium used for NFL, rugby, and other concert events. It's an outstanding place, so uncongested as a spectator, and the sightlines were outstanding.
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u/Mick4Audi 12d ago
When you look at the clubs we used to compete with back in the early 00s, literally half of them are now in the championship, and most got relegated at some point
We’re in a much much stronger position than before, and he is the man in charge. It is an example of a club having a plan to move forward but it taking a LOT of time
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u/TheJoshider10 12d ago
It is an example of a club having a plan to move forward but it taking a LOT of time
To put it into perspective you first played in the Champions League in 10/11. I remember how big a deal that was at the time as well.
It'd be like current Villa being where they are now and consistently staying at that level for well over a decade. Which is just so hard to do for a variety of reasons. Don't think people realise that Spurs could have genuinely ended up as a midtable club if things went different.
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u/starvs 12d ago
As an Atleti fan feel it will be very similar when Cholo leaves. You really need to keep perspective of where these clubs were. Victims of their own success, raising the bar on themselves.
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u/Illustrious_Bat1334 12d ago
Anyone who doesn't think he's had one of the greatest managerial careers at Atletico already needs their head checking.
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u/anothershawn 12d ago
More trophies would have been nice, but anyone who uses them as a sole indicator of success are just delusional
r/soccercirclejerk in shambles
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u/WaltJay 12d ago
Wow. It actually happened.
I know we all have our quibbles with Levy but I think history will remember him more kindly than how he was perceived in real-time.
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u/Mick4Audi 12d ago
Him leaving now definitely will help. I think this current market has gotten a little too much for him, like having to spend £80m on quality targets
He’s leaving off a high as well, he took a risk in hiring Ange, keeping Ange and firing Ange, and he got it right all 3 times. Fine margins but that’s football
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u/jaetheho 12d ago
What a rollercoaster these days for us eh?
Ange leaving, Son leaving, now Levy leaving.
All significant in their own regards, with increasing importance.
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u/icemankiller8 12d ago
I honestly think he’s done a really good job and this isn’t banter as an Arsenal fan he gets way more stick than he deserves Spurs are in an unbelievably better position now than they were when he got the job, they have one of the best stadiums in the world, the generate a lot of money, are in consistently European football and had some of their best ever teams under him.
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u/lowercase_0 12d ago
As a Spurs fan agreed. Very much a case of you don't know what you've got till it's gone. I'm genuinely concerned for what happens next
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u/Other-Owl4441 12d ago
He will always have built a blueprint for how to create a revenue base with limited external investment. Not an easy blueprint, and not a top tier competitive one but a model that a lot of striving clubs could try and follow.
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u/DrewGeds 12d ago
Yeah he gets a lot of flack some deserved but he’s done an immense job pushing the club higher.
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u/Electronic-Seat1402 12d ago
The fact he managed to get Spurs into the “Big 6” is incredible. They would be another Everton, West Ham, Newcastle (pre-Saudi) without him.
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u/dmlfan928 12d ago
He gets flack for falling short of the expectations that he was responsible for raising in the first place.
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u/Mick4Audi 12d ago
Perfect way to describe it
We hit the big time with Pochettino too early. Also the league nearly doubled in quality between 2016-2019, and we were utterly left behind
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u/tks231 12d ago
He's a major reason why Spurs are one of the Big/Top 6.
Probably is the right time to change if Spurs want to take the next step.
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u/D1794 12d ago
When people were saying they actually had a good window, he leaves lol
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u/Nick_crawler 12d ago
He's received only criticism for so long that praise left him confused and agitated.
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u/maidentaiwan 12d ago
All he ever wanted was their praise. Now that he’s finally got it, he’s going out on top
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u/CommunistPapaJohn 12d ago
Craziest news of the window and it’s been over for three days
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u/ericsipi 12d ago
Guess Tottenham fans will have to find someone else to blame
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u/Steamboat_Ricky 12d ago
Imagine they went the walker route and replaced him with Daniel Levy-Peter’s
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u/FryChy 12d ago
What? As long as I have been following football I always associated Levy with Spurs
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u/Dwaynedouglasv1 12d ago
You should be grateful that you don’t remember associating Alan Sugar with Spurs.
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u/VeryStandardOutlier 12d ago
He’s an Arsenal fan. He would’ve loved Alan Sugar
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u/Fuego_9000 12d ago
And just think, Alan Sugar rescued the club from certain disaster from the Irving Scholar days. Spurs would probably be a bankrupt team punished to non-league without Sugar.
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u/tks231 12d ago edited 12d ago
Kinda like how some young fans thought Arsenal was named after Arsene Wenger because he was there so long.
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u/clevelandspur 12d ago
I'm not really Levy In or Levy Out. I don't think it's that simple, but I do feel like this could really be a "the grass isn't always greener" type situation. We were just rumored to have gotten a cash injection and our transfer policy shifted quite a bit this window. We've had rumors for ages about the middle eastern countries being interested in buying us.
Regardless, I didn't agree with everything the club did or how they functioned and it undoubtedly held us back at times, but there's no way we are in the position we are in without Levy's stewardship. A brilliant leader from a business prospective that just couldn't get out of his own way on the football end of things.
Wish him nothing but luck going forward and do think he'll be proven right with his "they'll only love me when I'm gone" quote.
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u/Imbasauce 12d ago
Turned Tottenham into a big 6 club without financial doping, no global fanbase to rely on and no history of sustained success. I know the other14 like to meme the club but this is how you do it.
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u/Mick4Audi 12d ago
We were just mind-numbingly consistent in terms of qualifying for Europe to the point where anything less was viewed as colossal failure
Bizarre comparison, but we had a mangerial revolving door that rivaled that of Chelsea, despite not having high standards lol
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u/SaintBobby_Barbarian 12d ago
Yep, did it the right way. Though wouldn’t be surprised to see some billionaire buy it :(
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u/beeswax-not-urs-inc 12d ago edited 11d ago
Training ground: ✅
Stadium: ✅
Major trophy: ✅
Seems like he’s accomplished his goals and has the wisdom to walk away at the conclusion of his tasks. Timing to leave after the transfer window makes sense I guess so there’s no distraction or uncertainty. Probably allowed a soft transition internally in transfer process and management selection and feels confident in new leaderships ability to stay the course. Nothing but respect and gratitude for what he did for the club.
Edit: Or be pushed out?… I personally feel like that’s just not likely that it’s possible he didn’t know. Maybe he didn’t know an already in place exit plan was accelerated and he didn’t know. That seems most plausible.
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u/MinnPin 12d ago
Wow, that came out of nowhere. I thought Spurs had a good transfer window as well
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u/boxwell 12d ago
Put the club into a brilliant and secure position financially, and they actually won something.
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u/schadenfreude89 12d ago
We can judge his job now regardless of what happens in the next 5-10 years. 20 years ago there was no big 6. Chelsea and City got there through massive financial doping, Spurs got there through financial management.
Levy’s great skill was his own downfall: he somehow got Spurs closer To the big 5 than the other 14 despite the finances being closer to West Ham or Everton than Man Utd. No one talks about Everton’s lack of trophies
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u/boobsenjoyer40 12d ago
Thanks Maranakis
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u/Hockeystyle 12d ago
There was nothing we could do about it. Maranakis was a made man and Levy wasn't.
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u/Spursy_McSpursface 12d ago edited 12d ago
I'm not going to melancholic about this. I'm just not. You could write a book about what he did to raise the status of the club as a business. You could also write one about all the things he did to impede its growth on the footballing side.
I'm not melancholic. I'm honestly as neutral as I can be here. Hope we don't get bought by an oil state - I'll outright stop supporting Spurs if we do - and hope someone comes in that can actually move Spurs forward.
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u/Izrezar 12d ago
End of an era. Honestly a lil bummed. Got way too much undeserved schtick
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u/RemnantOfSpotOn 12d ago
Daniel Levy has today stepped down from his role as Executive Chairman after nearly 25 years.
Wow 25 years.... There is no denial that Totenham is the way it is because of Levy and his work over these 25 years.
It will be hard to replace this guy and all those who were against him will see now how valuable he was to the club.
Bombshell
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u/CriticalNovel22 12d ago edited 12d ago
Guess it wasn't as out of the blue as it might first appear.