The Trust's Chairman Peter Haring said on welcoming Steve: "We could think of nobody better to be our President.
"He conducted himself impeccably during his career at Spurs. Steve is as loyal a Spurs player as we will ever see and I very much look forward to working with him."
Steve's playing career span from 1969 to 1986, during which time he amassed a record breaking 851 first team appearances and scored 39 goals.
Commenting on his new title, Steve said: "I would be honoured and extremely happy to accept the invitation to become President. I hope I can be worthy of such a position."
Lane legend Steve Perryman has accepted an invitation to become the President of the Tottenham Hotspur Supporters' Trust.