
Revenue down at Spurs
03/31/2025 11:35 AM
Football finance guru Kieran Maguire reports that Spurs have published their 23/24 accounts. Revenue £528m was down 4%. Wages £222m down 12%. Wages £42 for every £100 income down £4. Underlying loss (pre player sales) was £59m up 7%. Player sale profits £82m up 431%. Pre-tax loss £29m was down 70%. Player purchases £272m. Gross squad cost £697m. Player sale receivables £58m. Player purchase payables £441m. Borrowings £872m (new stadium).
Daniel Levy says that spending has to be 'smart and sustainable': https://www.bbc.co.uk/sport/football/articles/cz6dwwzn7vdo
"We cannot spend what we do not have, and we will not compromise the financial stability of this club," Levy said.
Official club statement here: https://www.tottenhamhotspur.com/news/2025/march/financial-results-year-ended-30-june-2024/