Overview

• Daniel Levy stepped down last week after ENIC, the Lewis family trust, asked him to leave, ending nearly 25 years as chairman.
• Chief executive Vinai Venkatesham is running day-to-day operations, with Peter Charrington installed as non-executive chairman.
• The owners say they are not selling the club and have rejected takeover approaches, including one from Amanda Staveley’s PCP International Finance.
• Reports suggest the Lewis family could inject significant cash to boost transfer and wage spending, though any funding has not been confirmed.
• Thomas Frank said the departure was a surprise, praised Levy for the stadium and training ground foundations, and emphasized he feels the owners’ backing and remains focused on results.