'You have to say that's true' - Stefan Borson backs Tottenham in stadium battle with Council

Tottenham Hotspur should feel no pressure to share revenue with the Haringey Council and residents of Northumberland Park.

That is according to former Manchester City financial adviser Stefan Borson, who exclusively told Football Insider that Spurs already contribute plenty to the surrounding areas.

Despite this, the Lilywhites are facing pressure from Haringey Council leaders to sacrifice a small percentage, as small as 0.1 per cent, of revenue.

In the last financial year, this would have equated to £565,000, a drop in the ocean for the Premier League club, but not a fee that they should be forced to pay.

Spurs CEO Vinai Venkatesham is said to have held talks with the Haringey Green Party, with both parties engaging in good faith, with further meetings planned [City AM].

Current signs point towards an agreement being reached between the parties, but Borson is not sold on the idea of it being mandatory.

Tottenham 'won't want to' split their revenue

Speaking exclusively to Football Insider, Borson believes that, while it won't be a significant fee, Spurs should be under no pressure to split their revenue at all.

"I suspect it won't happen. But to be honest, if it did, it really isn't that significant an amount of money," he said.

"If you think about, you know, we never get a breakdown of what the event revenue is aside from the total matchday revenue.

"I doubt that there's any possibility that Spurs would agree to pay a percentage of total matchday revenue. So you're looking at some kind of proportion of either the commercial element or the non-football matchday.

"It's just not going to be much more than a couple of hundred thousand pounds a year probably. So I don't think it's a big deal financially for Spurs.

"But likewise, I don't think they're going to want to pay it. They don't have to. They will say they already make lots of contributions to the local economy. And you'd have to say that's true."

How much do Tottenham earn per event?

It is understandable that surrounding parties want a piece of the pie, with Daniel Levy really to thank for the club's success of the field.

For the 2024-25 campaign, Spurs earned £126.5m in matchday revenue, but that is not all the Tottenham Hotspur Stadium is being used for.

The Lilywhites are allowed to put on several non-footballing events per year, with one of the most recent being Jay-Z's concert.

Borson told Football Insider that his concert in North London is likely to have earned £4.5m, though not all of that would have been profit.