Tottenham is not for sale after levy exit says CEO

Tottenham’s chief executive Vinai Venkatesham insists that club owners intend to continue their “steady support” from the Premier League after Daniel Levy’s shock exit.

The Northern Londoners published a statement on Sunday to make it clear that the club is not for sale after a reported interest by Amanda Staveley, with two approaches “undoubtedly rejected”.

Tottenham’s ownership situation has become a hot issue, as Executive Chairman Levy resigned on Thursday, after the ENIC majority owners told him that it was time to leave.

But Venkatesham, who has taken the reins after Levy’s departure, said: “The Lewis family is really clear. They see their participation in Tottenham as long -term. They see that they are continuing generations.

“We made a statement that I hope it was clear, that Tottenham Hotspur is not for sale.”

Levy’s 25-year stay in the club ended after a time when Tottenham finally won a trophy for the first time in 17 years after the Europa League lifted, but also recorded the worst finish since 1976-77.

According to Levy, the Association underwent heavy infrastructure changes, including the funding and construction of a new 60,000 capacity stadium and the art training area.

VenkateSham said the succession, which includes the Board of Directors Peter Charrington, which is taking over as a non -executive chairman, is at hand as they seek to take advantage of the Europa League final in Bilbao in May.

“The club is well organized for succession,” he said. “We have a very powerful executive team in its place. While it may seem like a slightly strange thing to say to the outside world, though they are big news, the work is really the job as usual.

“This is a new era for the club, under new leadership, fully supported by the majority shareholder of the Lewis family. We can feel optimistic and ambitious for the future.

“We saw in May in Bilbao what the next step is.

One of the main frustrations that supporters felt to Levy felt was a perceived lack of investment in the team, something Venkatesham said it was high among the advanced club’s priorities.

“It is fair to say that we have steady support from the Lewis family against our ambitions to be successful,” he said. “They know that it will require investments, but like the 20 Premier League clubs. We need to make sure we know the rules of the Financial Fair Play.

“This means that we have to continue to increase our revenue. We need to continue developing players from the candy and the players we buy. We need to make sure we sell players at the right time and we need to make sure we make smart decisions.”