Revealed: Tottenham secure £10.4m windfall
Finance

Revealed: Tottenham secure £10.4m windfall

Wayne Veysey
Wayne Veysey

Founder & Managing Director AUTHORITY Former chief correspondent at Evening Standard, Goal and Press Association with nearly three decades in national, regional and digital news and sports journalism. Wayne directs the network’s news strategy and high-level operations. FOCUS Editorial direction for the 11-site network and newsroom management. THE BRIEF Wayne oversees the network’s editorial standards across the network. He provides the final sign-off on all headline scoops, ensuring content across all platforms meets the standards required for a high-velocity newsroom.

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By Wayne Veysey

Tottenham have secured a £10.4million windfall for reaching the Champions League semi-finals, according to confirmed Uefa figures.

Football Insider can reveal the club's remarkable quarter-final triumph over Manchester City on Wednesday night will land Spurs the fresh cash boost on top of the revenue they were already set to receive for participation in Europe's elite competition, prize money and their share of the TV pool.

Uefa Champions League distribution data for the 2018-19 season shows the figure for securing a last-four berth has increased by £3.9m from the £6.5m guaranteed last season.

This is a major boost for Spurs at a time when they are footing the debt payments for their magnificent £1billion new stadium.

As revealed by Football Insider earlier this month, the north Londoners announced a world-record profit of £113million in their recently-published financial results.

Turnover increased in the 12 months to June 2018 by £71m to £380.7m, a figure the club could now overhaul following their European run this season.

Spurs beat Man City on the away goals rule after a modern classic on Wednesday ended with a 4-3 defeat and 4-4 aggregate score to secure a berth in the semi-finals of the Champions League for the first time.

In other Tottenham transfer news, the club "have been sniffing around" an in-form number 10 to replace Christian Eriksen.

Tottenham Hotspur
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