DANIEL LEVY'S Tottenham exit was like a plot from hit TV show Succession with his SON the co-chief executive of the company that forced his father out of the club.
Levy, 63, announced he was leaving Spurs on Thursday in a shock decision that was initiated by the Lewis family, who are behind the club’s majority owners, ENIC.
British billionaire Joe Lewis, 88, used to be at the head of ENIC but now it is his children Vivienne and Charles who are calling the shots.
They are understood to have driven a number of changes at Tottenham in recent months, in a bid to improve results on the pitch.
ENIC is majority owned by private investment company, the Tavistock Group, of which Levy's son Josh is the co-chief exec.
Levy Jr works alongside fellow CEO Nick Beucher at the company, which is controlled by the Lewis family trust and has Vivienne and Charles Lewis in place as managing directors.
Beucher is the son-in-law to Vivienne Lewis.
According to The Telegraph, insiders have compared Levy's exit to HBO show Succession due to the heavy family involvement at the top of a successful business empire, with one saying the similarities are "uncanny".
It's been claimed that Tavistock were part of the operational and sporting review carried out by American consultants Gibb River that got things moving for Daniel Levy’s Tottenham exit.
While Vivienne and Charles are understood to have been big figures in decisions that have seen the likes of head coach Ange Postecoglou, chief football officer Scott Munn and long-serving director Donna Cullen all leave North London.
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Josh Levy is expected to continue in his role at Tavistock where he oversees various other parts of the group’s wide-ranging portfolio away from Tottenham Hotspur.
Levy Jr has regularly been seen sitting next to his father at Spurs matches but has no involvement with the club - and is believed to have played no role in his old man’s exit.
WHAT'S NEXT?
Spurs are still searching for extra investment despite Daniel Levy’s exit - with the Lewis family considering the option of pumping more money into the North Londoners.
Talk of a takeover following Levy’s shock departure has been quashed by sources close to Vivienne and Charles.
They are believed to be committed to the long-term future of the club and not looking to sell.
But it has not altered the long-running desire to source an investment boost.
That could come externally but SunSport understands the Lewis family are weighing up putting in more cash themselves.
ENIC already own 86.91 per cent of the North Londoners.
That percentage is a considerable rise from the 27 per cent they originally purchased for £22million from Sir Alan Sugar in 2000, which took their ownership of the club back then to 29.9 per cent.
Spurs are now believed to be worth around £4BILLION, thanks in part to the building of their £1.2bn stadium which Levy oversaw during the 2010s.
They were valued by football number-crunchers Deloitte in January as the ninth richest club in the world, making £520m in the 2023-24 campaign.
Speaking at last season’s fans’ forum a year ago, Levy said: “Some form of minority investment is what we’re looking for.
"We’ve got nothing to announce at the moment but we are in the market.”