Tottenham to pocket stunning £143m reported windfall on Sun, no excuse now for Levy to hold back
By Richard Parks
Tottenham’s coffers will swell by a further £143million if they hold on to third place in the Premier League on the final day tomorrow (Sunday).
The Daily Mail have crunched the numbers and claim the north London club are to pocket the fourth-highest sum of broadcasting revenue as a result of 25 of their matches being shown this season on Sky Sports and BT Sports.
Tottenham have earned £79.15million as a base TV fee, £29.48million for the number of their Premier League games screened and a further £34.92million if they hold on to third place in the table.
The figures are compiled from official Premier League distribution data.
The windfall is a jawdropping sum and demonstrates the immense monetary value of participation in the Premier League and proves, in alliance with the Champions League payouts, why a top-four finish is so key to the big hitters.
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Spurs posted a £41.2million profit in their recently-published financial results and the Premier League windfall will go a long way to contributing to another tasty set of results for the current season.
Little wonder money men Daniel Levy and Joe Lewis put such store in nailing down a high league finish, and why FA Cup and League Cup results take on secondary value.
Such a vast return from TV money also highlights the vast riches of Premier League participation by a club who broadcasters are so keen to regularly screen.
The side-effect is there’s no excuse now for Levy to hold back on signing players this summer, especially if key men such as Toby Alderweireld and Danny Rose depart.
Sure, the new stadium is astronomically expensive, but funding it cannot come at the expense of Spurs’ place at Europe’s top table.
Levy and Lewis always tend to err on the side of caution, but Tottenham will soon slip down the table if Mauricio Pochettino is not backed in this summer’s window.
With the club raking in money like never before, top-quality signings of the ilk of Wilfried Zaha and Ryan Sessegnon are an absolute must.