The major plan for Tottenham from Saudi backers as Levy exit kickstarts restructure – report
The landscape at Tottenham Hotspur has undergone a seismic shift with the sudden departure of chairman Daniel Levy, a figure who had become synonymous with the club over his twenty-four-year tenure.
His exit marks the end of an era defined by remarkable commercial growth and equally significant fan frustration, setting the stage for a comprehensive restructure aimed at transforming the club’s fortunes both on and off the pitch.
For many supporters, Levy’s reign was a story of unmet ambitions. Despite overseeing a period that yielded only two major trophies, his legacy away from the field is undeniable.
He masterminded the club’s evolution into a global financial powerhouse, catapulting Tottenham into the upper echelon of the world’s revenue-generating football clubs.
The crown jewel of this project is the state-of-the-art Tottenham Hotspur Stadium, a venue that is not only a architectural marvel but also a year-round entertainment destination that consistently drives commercial revenue.
The following table illustrates Tottenham’s position among football’s financial elite, according to the latest Deloitte Money League:
| Rank | Club | Annual Revenue |
|---|---|---|
| 1 | Real Madrid | £1.2 Billion |
| 2 | Manchester City | £727 Million |
| 3 | Paris Saint-Germain | £700 Million |
| 4 | Manchester United | £668 Million |
| 5 | Bayern Munich | £664 Million |
| 6 | FC Barcelona | £659.5 Million |
| 7 | Arsenal | £621.5 Million |
| 8 | Liverpool | £620 Million |
| 9 | Tottenham Hotspur | £533 Million |
| 10 | Chelsea | £474 Million |
This strong financial footing is the foundation upon which the new leadership intends to build.
In his first address following Levy’s departure, CEO Vinai Venkatesham was unequivocal in dismissing immediate takeover speculation, stating that the Lewis family views its ownership as a “long-term” commitment that will continue “through the generations.”
He emphasized a collective, team-oriented approach to leadership, moving away from the previous model centered on a single dominant executive.
However, this does not mean the club is closed to external investment. Credible reports indicate that the Lewis family is open to welcoming minority investors who can inject significant capital to accelerate the club’s growth.
This has attracted attention from various global investment groups, including backers from Saudi Arabia, Qatar, and the United States, all of whom see Tottenham as a “prime opportunity” to help build a “Premier League powerhouse.”
This potential influx of strategic investment is seen as the key to unlocking the next phase of Tottenham’s project.
The ambition is to bridge the gap between the club’s immense commercial revenue and its ability to consistently compete for the game’s biggest prizes.
For manager Thomas Frank and the players, it could translate into greater resources in the transfer market and a strengthened squad capable of challenging on all fronts.
The departure of Daniel Levy is not an endpoint, but a catalyst. It has kickstarted a deliberate and ambitious restructure designed to create a more modern, collaborative leadership model.
While the club is not for sale, it is actively seeking partners who share its vision for the future. An “air of change” is indeed brewing in North London, signaling the beginning of a new chapter focused on converting financial strength into lasting sporting success.