How much Tottenham could save on wages after Premier League relegation clauses revealed
Tottenham Hotspur could save up to £90million on wages if they are relegated from the Premier League this season.
Spurs are currently at risk of losing their top-flight status following their miserable run of form, having now gone 11 games without a league victory.
Igor Tudor’s side are 16th in the table and just one point above third-bottom West Ham after losing 3-1 against Crystal Palace on Thursday (5 March).
Relegation would have a dramatic impact on Tottenham’s financial situation due to the significant drop in prize money and anticipated commercial issues.
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VISIT THE FINANCE HUBWhat relegation clauses do Tottenham’s players have?
Premier League clubs often have relegation clauses in their players’ contracts to mitigate the costs of dropping out of the top flight.
It was speculated in recent weeks Tottenham’s stars wouldn’t see their wages drop if the unthinkable were to happen.
However, The Athletic reported on 2 March the vast majority of Spurs’ squad do have relegation clauses that would see their wages drop by around 50 per cent in the Championship.
The news outlet revealed they were factored into existing agreements before former executive chairman Daniel Levy left the Tottenham Hotspur Stadium last September.
Deloitte’s 2026 Money League revealed Tottenham’s wage bill increased from £222m in 2023-24 to £249m last season.
It is believed the north London giants’ first-team squad accounted for around £180m of that figure.
The wages are likely to be at a similar level this season, meaning they could drop by up to £90m due to the salary reduction clauses if Spurs are relegated to the Championship.
How much revenue Tottenham will lose instantly after relegation
In terms of the financial implications, Tottenham will instantly lose more than £60m in revenue if they are relegated this season.
Premier League clubs earn a minimum of around £110m in prize money, while parachute payments in the Championship are worth just under £50m.
There will also be commercial implications, with The Telegraph reporting on 19 February Spurs have already lost a key sponsor worth millions following their on-field struggles.
The newspaper said the long-standing partner has notified the club its deal will end this summer, while others are believed to be weighing up whether to follow suit.
Deloitte’s report revealed Tottenham’s commercial revenue stood at £277m last season, helping them record an overall turnover of £565m.
However, relegation to the Championship would severely impact those numbers.
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