Tottenham’s CEO Vinai Venkatesham has explained how the role of new chairman, Peter Charrington, will be different to that of Daniel Levy.
Levy ran Tottenham with total power for the past 24 years, but the structure of the club is now set to change following the 63-year-old’s exit as executive chairman.
Spurs have confirmed that Peter Charrington will take over as a non-executive chairman to oversee the running of the club.
Charrington was best known for his long career in the financial world, where he spent 26 years at Citi running the Global Private Banking business, and he has also been a director at ENIC.
Vinai Venkatesham explains Peter Charrington’s Tottenham role
The Tottenham CEO has now explained that Charrington, who joined the board in March, will not be involved in the club’s day-to-day decisions like Levy was.
Instead, the 53-year-old will delegate the running of the club to the top brass at the club, including Venkatesham, and will oversee the big picture.
When asked about Charrington, Venkatesham told Tottenham’s official website: Well, Peter is not new to the Board – he joined our Board in March. He is a great guy, very personable, very experienced. We have a great relationship, and we speak very, very frequently. I think it’s probably important to say that he’s going to be doing a different role from the role that Daniel did. So, Daniel was Executive Chairman.
“What that meant was Daniel was full-time and involved in the Club on a day-to-day basis. With Peter’s role, he’ll be Non-Executive Chairman and that means he won’t be involved in the Club on a full-time basis, and he won’t be involved in the Club on a day-to-day basis.
“His model is all around empowerment. He will be empowering us on the ground to get on with things, but of course, he will be leading the Board and will be a very important part of the Club going forward.”
Peter Charrington’s statement suggests he will have a hands-off approach
On being confirmed as Tottenham’s non-executive chairman, Charrington stressed that he is focused on stability and empowering the talented people across the club.
His and Venkatesham’s decision to stress empowerment suggests that it is very much a hands-off role and that Charrington will not be weighing in on every commercial or business decision.
That means that the new Spurs CEO has now become the most powerful figure at the North London club.