I remember the story about Levy having deep discussions about the best types of bulbs to use in the new stadium lifts.The statement does say that he will take responsibility for all operational matters on and off the field.
So on paper it looks even more like Levy stepping back. But the question is of course how much that actually entails.
But his CV does look good to give him credit. 14 or so years at them lot and helped rebuild and re-organise them after long coat retired.
It was meant to be a story showing how he's all about attention to detail. I interpreted it as typical micromanaging.
He also forced Jol to play Berbatov in a cup game v Chelsea. He can't help but stick his deluded oar in.