Revenue down at Spurs

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/

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