Tottenham beat Newcastle to seal ‘major coup’ as ENIC tensions rise

Tottenham Hotspur are set to announce a major shake-up in their boardroom operations in what could spell a loosening grip on control for Daniel Levy.

Spurs fans have for a long time protested against the ENIC ownership of their side and Levy‘s stronghold in N17, which has lasted for 24 years.

An emerging report has now indicated Tottenham are demonstrating their muscle to acquire a newcomer in a freshly-created role on the board, and they have come – albeit indirectly – from Arsenal of all places.

Daniel Levy at Tottenham
Credit: Imago

Tottenham seal ex-Arsenal boardroom arrival

Joe Lewis owns more of Tottenham than Levy does by virtue of his larger stake in ENIC, but Levy has had the freedom to run the club how he wants – and how many Lilywhites fans certainly do not.

Spurs are under pressure both on and off the pitch, which means movement was bound to take place at some stage.

Now, they have certainly pulled off a coup. According to the Evening Standard (11 April), Spurs have beaten Newcastle United to the appointment of Vinai Venkatesham as chief executive, a newly-formed role.

Venkatesham left Arsenal earlier this season after 14 years at the Emirates – four as chief executive – and this move will certainly stir debate both positively and negatively among Spurs fans.

“Vinai will always be part of the Arsenal family and always welcome back at Emirates Stadium,” was the statement made by Josh Kroenke at the Gunners following his departure as Venkatesham departed for a “new challenge”. This challenge, as it turns out, could be what helps make Spurs tick moving forward.

Tottenham Hotspur Stadium
Credit: Getty Images

Venkatesham appointment could weaken Levy control

Venkatesham’s appointment will stun sections of the Arsenal support-base as much as that of Tottenham Hotspur, but it could be a key turning point.

Up until now, Levy has had the final say in everything – and that responsibility has reflected in his earnings as an executive, earning over £3.3million last season – among the highest in the Premier League.

Vinai Venkatesham – ArsenalTime
Various sales/partnerships roles2010-2014
Chief Commercial Officer2014-2018
Managing Director2018-2020
Chief Executive Officer2020-2024
Venkatesham had a 14-year association with Arsenal

Venkatesham will take on much of Levy’s burden, which could help gather more of a footballing environment as opposed to a strictly-business approach.

Spurs fans are currently in the dark as to how this brazen move will pan out, but the Premier League will watch keenly as the Lilywhites look to completely turn their fortunes around.

If Ange Postecoglou leads the side to their first trophy in 17 years this season, Venkatesham will have arrived at just the right time.