Daniel Levy was reportedly paid £27million ($36.08m) when Tottenham dismissed him as executive chairman in September 2025, ending a 24-year reign, according to The Athletic. Sources familiar with the terms told the outlet the figure covered his salary, the year’s bonus and the club’s long-term incentive plan. It was described as contractual fulfilment triggered by termination rather than a negotiated settlement, and no further settlement has since been reached.
The Athletic notes it’s one of the largest payouts of its kind in football, drawing a comparison to the sums paid to former Chelsea directors after Roman Abramovich’s sanctioned exit in 2022, when accounts published in April 2023 showed roughly £49.75million distributed, including £35million to Marina Granovskaia.
Ownership still unresolved
Peter Charrington replaced Levy as non-executive chairman after joining the board to represent the Lewis family in March 2025, and the Lewis family has since backed an aggressive summer window that broke Tottenham’s transfer record and reshaped the wage structure across ten new signings – detail explored further in this look at the reasoning behind the reset.
Levy, though, hasn’t disappeared from the ownership picture. Per figures on the club’s own website, his family trusts still hold a stake equivalent to just over 24 per cent of Tottenham, down from roughly 26 per cent after this summer’s dilution, and he chose not to take part in the club’s £100million equity injection by its August deadline – context laid out in more detail in this piece on his changing position at the club.
There’s also the small matter of Eight Sports Capital Limited, a vehicle linked to Wing Fai Ng and Brooklyn Earick, which claimed in a June press release to have signed an agreement to buy a 24.99 per cent ENIC stake from Levy’s family trusts. Months on, there’s been no confirmation the deal has actually gone through – which tells you plenty about how murky the post-Levy ownership picture remains. For more on how ENIC’s structure fits into all this, see this explainer on the Lewis family’s investment.
