By Richard Parks
Tottenham’s participation in this season’s Champions League has already earned them £55million, according to confirmed Uefa figures.
Football finance expert Swiss Ramble has crunched the numbers for each of England’s five Premier League clubs as a result of their Champions League participation in 2017-18.
In a series of Twitter messages on Friday morning, the respected blogger reported that Tottenham’s progress to the last 16 of Europe’s elite competition has netted 62million euros (£55million) and it will increase if they progress further in the competition.
As well as the direct impact that dropping out of the Champions League has on #AFC revenue, it also means that rivals benefit. For example, #THFC have already earned €62m for reaching the last 16, which will increase if they progress any further in the competition. pic.twitter.com/jpNl4ZSuA0
— Swiss Ramble (@SwissRamble) March 2, 2018
Tottenham have earned 12.7million euros for participation in the Champions League, prize money of 14.7million euros and 34.6million euros from their share of the TV pool.
Swiss Ramble’s figures are compiled from official Uefa Champions League distribution data.
Football Insider verdict:
The £55million windfall demonstrates the immense monetary value of participation in the Champions League and demonstrates why a top-four finish is so key to the Premier League big hitters. Indeed, Spurs have an excellent chance of a few more massive pay days, given that they host Juventus in the second leg of their last-16 clash next Wednesday with the scoreline locked at 2-2. Little wonder money men Daniel Levy and Joe Lewis put such store in the Champions League and how it is key to the team’s financial growth. Spurs fans might look at it differently and think their side could sign Marco Reus this summer, and still have change left over.
In other Tottenham transfer news, the club have agreed terms to sign up a midfielder in a deal which Daniel Levy shook hands on two months ago.