I think people miss the point with Levy. He actually was and still is a significant financial stakeholder in THFC. He has ridden the football money chain brilliantly and turned his personal wealth from <£50m to becoming a personal billionaire, or very close to.
That has been created from Sky TV packages, sponsorship deals, season tickets etc when you look back through the supply chain. It may not be the case now but there was a time where Sky were making £1.5b profit a year and their biggest consumer package was sport. That money that flooded into football dragged Levy and other smart businessmen along and made our football club worth billions, not hundreds of millions. His stewardship on the financial side was very good.
However, not the point I'm making. Levy's issue was a leadership 101 principle. Levy never recognised his own weaknesses in his chosen career path. He hit CEO level but didn't know how to substitute his weaknesses and plug the gaps with good hires. His own board were just clones of himself and I think we had 4 of them at one point with ACA after their name (chartered accountants). Now I'm now saying you can't be a chartered accountant and not have sales and marketing DNA, but it's quite likely you went down that path as it was your vocation. Same as football. We all know Levy came up short in a lot of the football operational activities. He empowered himself e.g. what
@SissokoWasGood (BoL) was talking about earlier where Levy valued players himself even though we all know he couldn't get to a ground zero level of detail on any footballer he had at the club, let alone ones we were going to buy. Levy's football ops skillset was pretty poor.
For me, it's such a shame Levy didn't recognise his flaws and it's also a shame he didn't build great leadership groups to bring us more than bottom line growth. He made so many poor decisions over the years and he was never gregarious enough to move through those periods. He just went quiet and wouldn't face the music personally. He knew he couldn't articulate a real football conversation like a lot of his peers. He was also quite condescending to us fans in his comms. There was no real recognition as the fan as the customer with him.