Daniel Levy RESIGNS as Tottenham chairman after nearly 25 years in charge of north London clubDaniel Levy has sensationally quit as chairman of Tottenham Hotspur – but the club have insisted there are no changes to its ownership.
On Thursday, Spurs announced that the 62-year-old, who had been in post for close to 25 years, had stepped down.
The move has already prompted feverish speculation over the club’s future, given Levy and his family hold a 29.4 per cent stake in owners ENIC and that he has previously claimed to have turned down offers from overseas.
But insiders say the change is aimed at improving Tottenham’s performance on the field and is not linked to a pending bid.
Regardless, officials at other Premier League sides believe Spurs are ‘ripe’ for a takeover given their location in London, revenue-generating new stadium and elite training facilities. They are also in the Champions League following their Europa League triumph and have a respected manager in recently-appointed Thomas Frank.
Sources in Qatar, where a consortium failed in a bid to buy Manchester United, have distanced themselves from a move for the North London club. Any interest, according to those with knowledge of the situation, would be likely to come from a US investment group.
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