THST statement. Little more classy than Change for Tottenham.
Trust statement on the departure of Daniel Levy
The surprising departure of Daniel Levy after 24 years as Executive Chairman of the Club provides the new leadership with the ideal opportunity for deepened engagement with fan groups on the future direction of the Club. They should take it.
Daniel’s legacy is self-evidently the construction of the Tottenham Hotspur Stadium, widely regarded as one of the finest football stadia in the world, as well as related infrastructure such as the training ground. Building such a stadium in the dense, urban heart of our home, Tottenham, is no mean feat. While some may still hanker after the more intimate White Hart Lane, it is clear that THS was needed to allow Tottenham Hotspur to compete on an equal footing with Europe’s football elite. Our thanks go to Daniel for his vision and drive in delivering the stadium.
And yet, the laser focus on cost and value for money necessary for completing the stadium didn’t serve the Club so well on the pitch. Our members and other respondents to our annual surveys consistently over many years valued the Club’s development off the pitch but wanted greater focus on the football. As welcome as the Europa League win was, it was only the second trophy during Daniel’s 24 year reign. The failure to kick on under Mauricio Pochettino and after the opening of THS was a missed opportunity and seemed to reflect an approach, particularly in the transfer market, that was too cautious and too focussed on extracting monetary value rather than addressing weaknesses that were obvious to all.
Genuine fan engagement didn’t come naturally to Daniel. While on paper there was commitment, in practice this often meant telling us what the Club planned to do at short notice. Earlier engagement may have avoided missteps such as the proposed move to Stratford, the ESL, furloughing staff in the pandemic and curtailing senior season ticket concessions.
Legally, there is no change in ownership, but there is no doubt Daniel’s departure represents a switch in leadership to that of the Lewis family interests. There is talk of outside investment and we would remind the Club of its support for the
Trust’s 5 Principles upon which we will judge any owner of the Club. It also provides an opportunity for more meaningful engagement with fans; there has already been an encouraging start under new CEO, Vinai Venkatesham.
The Trust will continue to play a constructive role in the engagement process and fulfil its role as a critical friend to the Club. The change in leadership provokes questions about future strategy, the timing of the change, plans for outside investment and reassurance that the Club is in good hands. The Trust will be asking those questions both directly and via its participation in the FAB.
We’d like to thank Daniel Levy for his achievements during his 24 years of service to the Club and wish him well in his future endeavours.
