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TOTTENHAM HOTSPUR

Who is Daniel Levy, the chairman of Tottenham? What is his net worth?

We profile Tottenham chairman Daniel Levy, who has now been in charge of the North London club for over 20 years.

Update:
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Tottenham Hotspur remain under the leadership of chairman Daniel Levy. Appointed as Spurs chief in February 2001, the Essex-born businessman is currently the longest-serving chairman in the English top flight.

Levy, who is married with four children, is the managing director at the investment company ENIC Group, which bought an initial 30% stake in Tottenham 22 years ago and installed the 61-year-old as chairman. In the intervening period, ENIC has increased its shareholding in the club to 85.6%.

Levy and his family control 29.88% of ENIC, while the rest of the firm is in the hands of Bahama-based billionaire Joe Lewis, who is Tottenham’s majority owner, however, Levy oversees the day-to-day running of the Premier League club.

Tottenham chairman Daniel Levy.
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Tottenham chairman Daniel Levy.ADRIAN DENNISAFP

Spurs’s tough negotiator

An economics graduate from Cambridge University, he has gained a reputation as a chairman who takes a cautious approach to spending and, particularly when it comes to selling Spurs’ top players, is a robust negotiator.

Just ask soccer fans in Spain, where LaLiga giants Real Madrid engaged in memorable tussles with Levy over the purchase of midfielder Luka Modric in 2012, and forward Gareth Bale the following year. Known for taking talks right to the transfer-window wire in a bid to extract the highest possible fee from suitors, he finally got Madrid to cough up £30m for Modric - and a then-world-record €101m for Bale. In a 2012 profile of the Spurs chairman, AS’s Marco Ruiz described him as a “negotiator with an iron fist”.

Sir Alex Ferguson, the legendary former manager of Manchester United, would agree with that assessment. Ferguson, who lured Tottenham striker Dimitar Berbatov to United in a deal worth just over £30m in 2008, has said that negotiating with Levy was “more painful than my hip replacement”.

Levy’s tendency to play transfer hardball also saw him face down Tottenham centre-forward Harry Kane, the club’s highest ever goalscorer, in the summer of 2021. Despite Kane’s belief that the pair had a “gentleman’s agreement” that he could leave the club, Levy blocked the England captain’s attempts to depart for Manchester City, rejecting a £127m offer from the Premier League champions.

How much does Levy earn at Spurs?

In February, the Telegraph reported that Levy was paid a salary of £3.265m as Spurs chairman in 2022 - up £500,000 from the previous 12 months. However, that is significantly less than the overall £7m he pocketed four years ago. That sum included a £3m bonus for overseeing the construction of the club’s current home ground, the Tottenham Hotspur Stadium, which opened in April 2019 after costing £1bn to build.

In 2020, Levy made his first appearance on the Sunday Times Rich List, which ranks the UK’s wealthiest people. He placed 398th, with an estimated fortune of £329m.

Tottenham manager Ange Postecoglou.
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Tottenham manager Ange Postecoglou.JASON CAIRNDUFFAction Images via Reuters

Levy appoints Postecoglou

During a difficult 2022-23 campaign under Italian coach Antonio Conte, chants of “get out of our club” were aimed at the chairman in games where things have gone awry for Spurs.

Levy, who in 2017 lambasted the “unsustainable” transfer outlays of other Premier League clubs, has over the past two decades frequently attracted criticism from Spurs fans for his conservative attitude to spending. That said, he did appear to loosen the purse strings in 2022, when Tottenham’s incoming transfers included Richarlison from Everton in a purchase worth £60m, and a £43m deal to make Cristian Romero’s loan from Atalanta permanent as well as this summer’s move for James Maddison.

The appointment of current boss Ange Postecoglou was also initially criticised by sections of Tottenham’s fanbase, however, the Australian’s attacking style of play and early signs of progress has changed the mood around the club and taken some of the pressure off Levy.

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