Tottenham have accelerated Premier League payments after £90m deal agreed
Tottenham have accelerated payments from the Premier League after agreeing a £90million deal.
Bloomberg reported on 9 September Tottenham have raised about £90m through a receivables financing deal with Macquarie Group Ltd.
The news outlet said Spurs have agreed to give the Australian lender income from future broadcasting rights for a lump sum of cash.
The rights are tied to money due to Tottenham from the Premier League between December 2025 to May 2026, with top-flight clubs typically earning more than £110m a year from that income stream.
Former Man City financial adviser Stefan Borson exclusively told Football Insider the deal means Thomas Frank’s side will get their money now rather than in May next year.
Tottenham lender could land £10m windfall
The Macquarie deal arrives after Tottenham confirmed Daniel Levy has stepped down as executive chairman after spending 24 years in the role, with his departure fueling rumours around a potential takeover.
However, Tottenham released a statement responding to the takeover speculation on 7 September, claiming they have “unequivocally rejected” two expressions of interest and the club is “not for sale”.
Speaking exclusively to Football Insider about the Macquarie deal, Borson said: “Macquarie will effectively get an assignment of the revenue that’s coming from the Premier League, which is as good as guaranteed between now and next May, so they will know that money is definitely coming.
“Let’s say for the sake of discussion it’s the first £100m and they give Tottenham £90m now. These numbers are illustrative. It might not be £100m, it might be £95m, I don’t know what the interest rate is effectively.
“Let’s say you work on £100m. So, £100m comes into Macquarie next May from the Premier League, but they’ve advanced Tottenham Hotspur £90m, so Macquarie make £10m for that lending.
“Spurs get their money today rather than in May. They can spend that money. They can do what they want with it. They’ve accelerated the payment of that money from the Premier League.
“The extent of Macquarie’s risk on that money is that the Premier League effectively can’t pay it. That’s very unlikely. There’s almost zero chance of that, and everybody’s happy.
“That’s how those things work. It just accelerates money that’s almost certain to come in.”
Vinai Venkatesham is now leading the day-to-day operations after he was appointed as Tottenham’s CEO in April, having previously spent four years working in the same role at north London rivals Arsenal between 2020 and 2024.
Tottenham investors’ takeover plans revealed
Football Insider revealed on 11 September the potential Tottenham investors want to improve the club’s revenues after exploring a deal.
It is understood the commercial opportunities with the NFL games and concerts as well as the scope for further development around the club’s stadium is attracting interested parties.
Spurs are in a strong position financially after posting a turnover of £528.2m in their latest published accounts for 2023-24, with their commercial revenue standing at £255.2m.
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