Former Tottenham chairman Daniel Levy's exit is having a huge ripple effect, with his departure now leaving a previous agreement to potentially collapse.
Levy resigned as Spurs chair after 24 years, leaving his long-term hands-on role at the club as the Lewis Family and ENIC attempt to usher in what they describe as a new era.
“I am very honoured to become Non-Executive Chairman of this extraordinary Club and, on behalf of the Board, I would like to thank Daniel and his family for their commitment and loyalty to the Club over so many years," said Peter Charrington, the club's new non-executive chair, in a statement.
“This is a new era of leadership for the club, on and off the pitch. I do recognise there has been a lot of change in recent months as we put in place new foundations for the future. We are now fully focused on stability and empowering our talented people across the Club, led by Vinai and his executive team.”
During his tenure, Levy was a polarising Tottenham figure who attracted huge criticism and disdain from sections of the fanbase — specifically over their lack of success on the pitch with just two major trophies since 2001.
In that time, Spurs were often chastised for not spending anywhere near as much as their Premier League rivals on transfers, with Levy also overseeing some disastrous decisions like certain managerial appointments.
Off the field, Levy did work wonders — transforming the Lilywhites into a revenue-generating powerhouse and overseeing the move to their brand-new state-of-the-art stadium.
There is no doubt that Spurs' commercial appeal increased ten-fold during Levy's stay, but the focus for ENIC, and particularly Vivienne Lewis (the daughter of Joe Lewis), is now to deliver more silverware.
Reports claim that Levy was pushed out by Tottenham and didn't find out about his resignation until hours before it was announced (The Times), with the news leaving influential footballing figures "stunned" (Miguel Delaney).
Levy's exit is also having an effect on Tottenham's potential re-appointment of popular ex-managing director Fabio Paratici.
Tottenham U-turn over Fabio Paratici agreement with return now in limbo
The Italian has now served his worldwide ban from football and acted as an unofficial advisor to the club as recently as the last transfer window.
Paratici had reached an agreement to return to Tottenham in his previous managing director role from the start of next month, according to talkSPORT, but now the 53-year-old is being left in "limbo".
As per the outlet and journalist Alex Crook, Levy's ally may not be returning to Spurs after all, as the move to bring him back was largely driven by the club's now-former chair.
Paratici's appointment at Tottenham is now in serious doubt, which will come as upsetting for some supporters who were fans of the director famed for his incredible work ethic.