Revealed: Tottenham have £227m in the bank as paperwork filed
The £226.5million cash Tottenham had in the bank at the end of 2021-22 was the most of any Premier League team, Football Insider analysis shows.
The total amount was up from £147.6m at the same juncture last year and was higher than the £121.2m in cash reserves that second-place Man United recorded at the end of the accounting period.
It is the second successive year that Spurs have had more cash in the bank than any other top-flight team, with all but a handful of clubs now having filed their accounts with Companies House.
Cash reserves statistics are volatile, however, and the £226.5m figure is not necessarily indicative of Spurs’ current financial picture.
Spurs recorded a £50.1m loss for the financial year, down on £83.8m and £68m deficits in the previous two pandemic-struck years.
Despite three years in the red, the North Londoners remain the most profitable club in Premier League history.
Significantly, the 2021-22 campaign was the first full season Spurs have played in front of supporters at their world-class stadium.
They earned £106m in matchday income alone throughout the campaign, and that was without lucrative Champions League matches.
Their total revenue stood at £444m, the highest figure the club has ever generated besides the 2018-19 campaign, which saw the North Londoners reach the Champions League final.
Their cash reserves may have been impacted by the circa £123m they have spent on transfers this season, but the bulk of that figure will be paid in instalments and appear in next year’s accounts at an amortised rate.
The 2022-23 accounts will also reflect a season of Champions League revenue, although their campaign was ended by AC Milan at the round-of-16 stage on Wednesday (8 March).
That has left the future of Antonio Conte, whose contract expires at the end of the season, in doubt.
In other news, Tottenham and Newcastle United in race to sign Southampton star Mohammed Salisu.