That welcome openness doesn't quite mean he's now one for apologies, believing everything he does is in the best interests of the club. Still, he came close to a "mea culpa".
Speaking at a fan forum in front of 250 supporters, Levy admitted his judgement had been "affected" by the desperation of certain players and sections of the fanbase to win silverware, leading to the disastrous appointments of former managers Jose Mourinho and Antonio Conte.
"The strategy was 'let's bring in a trophy manager," Levy said. "We did it twice and you have to learn from your mistakes. They're great managers but maybe not for this club." A greater show of contrition and autonomy might have been nice but Levy's admission that he got it wrong could prove an important step in moving forward, and may help to improve the chairman's unfavourable ratings among swathes of the fanbase.
More encouragingly still, Levy has moved to correct his mistakes.
The appointment of new head coach Ange Postecoglou, who was alongside him at yesterday's event, so far looks inspired, the Australian immediately winning over supporters with his charisma, warmth and attacking football.
As Levy acknowledged, he was "under pressure" to appoint a more established name over the summer and Postecoglou, for all his success in lesser leagues, had to be considered a gamble.
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