Tottenham fans will have a 'Levy Out' banner flown during the derby against Arsenal today.
The group behind the banner, which has cost £650, are promising there will be more protests against chairman Levy and the club's owners Enic if they don't see more progress on the pitch.
A spokesman said: "We believe it's a necessity because, from being in a Champions League final, nearly on par with Liverpool, we are 10 steps back again.
"Being ahead of Arsenal, to being behind a club who have had three managers in one season, in possibly their worst season.
"Levy and Enic need to invest in the club and have us challenging for honours.
"Hopefully, this brings attention to the club and maybe makes them think. We will continue with further protests, banners and actions if the club do not respond in a positive manner."