"Franco joined us as Technical Director in June 2013 from AS Roma where he was General Director. He leaves us now to spend time outside of club football. We wish him all the best for the future."
Back in May it was said the Italian was due for 'showdown talks' with Spurs chairman Daniel Levy regarding his future at the club, while reports that a severance package had been agreed surfaced in August.
Baldini, who worked as an assistant to Fabio Capello in the England national team setup and at Real Madrid, saw his influence at Tottenham significantly decrease after the club hired ex-Southampton Head of Recruitment, Paul Mitchell, last November.
Ever since Mitchell has been working closely with manager Mauricio Pochettino to better identify players that will better fit what the club is trying to achieve. It was Baldini who previously had a big influence over recruitment, effectively frittering away the £85m windfall received for Gareth Bale as the likes of Etienne Capoue, Vlad Chiriches Paulinho and Roberto Soldado all arrived in North London.
Baldini has also taken the blame for the more recent flop arrivals of Federico Fazio and Benjamin Stambouli. Since Mitchell and Pochettino took over the, Spurs have signed Son Heung-min and Toby Alderweireld, both of whom have already enjoyed success.
There are also high hopes for Clinton N'Jie and Kevin Wimmer.