Daniel Levy has exited his post as chairman of Tottenham Hotspur after a 25-year run with the club. Peter Charrington will take over Levy\'s duties.
Supporters have grown frustrated with Levy in recent years due to their wage bill and turnover of managers.
“I am incredibly proud of the work I have done together with the executive team and all our employees,” Levy said in a statement on the club’s website. “We have built this club into a global heavyweight competing at the highest level.
“More than that, we have built a community. I was lucky enough to work with some of the greatest people in this sport, from the team at Lilywhite House and Hotspur Way to all the players and managers over the years.
“I wish to thank all the fans that have supported me over the years. It hasn’t always been an easy journey but significant progress has been made. I will continue to support this club passionately.”
Levy helped make Spurs one of the most powerful clubs in the world, but has received criticism for being too conservative.