Exclusive: Tottenham stand to lose £100m+ in devastating potential blow

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Published on:

02 May 2020, 3:30 am

Tottenham face the devastating prospect of a £100million-plus hit to their finances if they are forced to play the entirety of next season behind closed doors, Football Insider can reveal.

Chairman Daniel Levy has delivered a series of warnings about the crisis facing his football club amid the financial chaos caused by the Covid-19 pandemic.

Analysis by Football Insider has shown that Spurs would lose over £100m from loss of matchday income if they cannot stage games in front of fans throughout 2020-21.

That is the startling prospect facing all clubs amid the growing possibility of matches behind closed doors until there is a vaccine available for Covid-19.

Spurs must prepare to plug a huge black hole in their finances, because of their capacity to generate huge revenues.

The club announced in March they made a pre-tax profit of £87.4m (the post-tax profit was £68.6m) for the year ended 30 June 2019 and a record £460.7m revenue.

But the prospect of an entire campaign behind closed doors would mean a loss of over £100m from matchday revenues.

Tottenham's accounts show they earned £81.7m from match revenues last season, and £71m the previous campaign.

However, most of their home games in 2018-19 were played at Wembley and the club generate considerably higher revenues from ticket and hospitality sales at their magnificent new stadium.

They rank alongside Arsenal and Man United as the biggest generators of matchday revenue in the Premier League.

Even Liverpool, who earned £533m last season do not earn the cash from home matches of Tottenham, who are now ranked by Deloittes as London's richest club and the eighth richest in the world.

In other Tottenham news, it can be REVEALED the club have told an international player to find a new club this summer.

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