Dr Dan Plumley

Tue 30 November 2021 9:30, UK

Tottenham have lost £144.1million over the last two years but are still in a healthy position with regards to financial fair play.

So says finance expert and new Football Insider columnist Doctor Dan Plumley, speaking exclusively about Spurs’ annual report published on 23 November.

Tottenham made an £80.2m pre-tax loss for the year ending June 2021, a bigger shortfall than the £63.9m they lost in 2019-20.

Uefa’s FFP regulations allow clubs to lose £25.5m over a three-year rolling block, though these rules have been relaxed in the pandemic era.

But Plumley explains that Tottenham’s history of profitability has left them in a strong position with regards to future investment.

“This is rare for Spurs, a couple of losses over the past two years,” the Sheffield Hallam University expert told Football Insider‘s Adam Williams.

“It was to be expected because of the pandemic. FFP-wise, they are okay.

“We have had two years worth of losses but they’ll get averaged out for the purposes of FFP.

“If you look prior to that, you’ve got profits of £113m and £69m.

“Even when you add in the losses with Covid, you’ve still got an FFP position that is just above £100m positive in terms of the rolling three-year block.

“Even against Uefa’s regulations, there’s still plenty or room to invest. The next big question for them is, how much do they want to spend?“

Tottenham spent approximately £60m on new talent over the summer.

Antonio Conte’s side, whose match against Burnley last weekend was called off, are 7th in the Premier League after 12 games.

In other news, insider claims Tottenham working behind the scenes on “£400m super deal”.