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Daniel Levy, Spurs’ Pelé of debt structuring, may yet be vindicated | Barney Ronay

Under-fire owner has transformed Tottenham into a fully self-sustaining entity. The alternatives are hardly more palatableThere was a tender moment at the end of Tottenham’s win against Elfsborg on Thursday night as Ange Postecoglou walked out on to the pitch looking a little haunted and jittery, a strange kind of light in his eyes. It took a few seconds to work out what was up. The reason for this was he was happy. Here was a man remembering how to smile, willing his face into the right kind of shape, searching for the muscle memory.It was also a nice moment. The recent run of Bad Ange stuff, the Ange who does interviews like a policeman standing too close to you in a tiny lift, has been painful to watch. The Premier League is brutal. It will stretch you thin. And it has been rough with Postecoglou, who came with no comparable experience, who is 59 years old, and has had the air of a man finding the end of his reach, radiating sadness from every rain-sodden panel of his quilted coa...



The main conceptual idea of the text is that Tottenham Hotspur chairman Daniel Levy's controversial financial strategies, which have generated significant debt, may ultimately be vindicated by the club's current success and financial stability. Despite criticism, Levy has transformed Tottenham into a self-sustaining entity, exemplified by the state-of-the-art stadium and the club's high profitability. The author, Barney Ronay, uses the example of manager Ange Postecoglou, who is experiencing a positive turnaround in his fortunes, to illustrate how Levy's approach, though demanding, ultimately sets the stage for success.

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