Kieran Maguire: Tottenham ‘the best in the Premier League’ after £252m news confirmed
Tottenham are ‘the best-run business in the Premier League’ but their lack of trophies is a ‘critical issue’.
That is the view of finance expert Kieran Maguire, who spoke exclusively to Football Insider about the latest wage figures at Spurs.
As per Deloitte’s 2024 Football Money League, Tottenham ranked eighth in world football in terms of revenue generation with £549million across 2023.
The North London club also boasted a wage-to-revenue ratio of just 46 percent – well under Uefa’s recommended 70 percent limit.
Tottenham’s wage bill sits at a sustainable £252million per season according to the report.
Maguire hailed Spurs as the best business in the Premier League but understands that their financial model can cause frustration for fans.
“Spurs are the best-run business in the Premier League by a significant way,” Maguire told Football Insider’s Sean Fisher.
“But that ignores a key performance indicator – winning trophies.
“From a fan’s perspective, clearly that’s an absolutely critical issue.
“But as a business, they are consistently coming in with a wages-to-revenue ratio of below 50 percent and that was even before they moved to the new stadium.
“The new stadium has allowed them to increase their investment in players.
“They do have a business model which can be frustrating for other stakeholders in the club, especially fans who want to see success on the pitch.
“But in my view, they are the best in the Premier League when viewed as a business.“
In other news, Bayern Munich could let first-team star leave as Tottenham plot shock late bid
For more Tottenham and exclusive news, follow us on Facebook or join our brand new WhatsApp Channel for instant updates to be sent straight to your phone.