COMMENT By Richard Parks
Tottenham’s coffers will swell by a further £148million after they held on to third place in the Premier League on Sunday.
The Times have crunched the numbers and claim in their Game section (14 May, page four) the north London club are to pocket the fourth-highest sum of broadcasting revenue as a result of 25 of their matches being shown on Sky Sports and BT Sports.
Tottenham have earned £82million as a base TV fee, £30.3million for the number of their Premier League games screened and a further £35.8million for holding on to third place in the table.
The figures are compiled from official Premier League distribution data.
The £148million windfall is a jawdropping sum and demonstrates how broadcasting revenue forms such a key plank of the turnover of any Premier League club.
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 massive side-effect is there’s no excuse now for Levy to hold back on signing new players this summer, or tying down the star men already at the club to lucrative new contracts.
Sure, the new stadium is astronomically expensive – latest estimates put the total cost at £850million – but funding it cannot come at the expense of Spurs’ place at Europe’s top table.
If Levy makes the right moves, in alliance with key decision-makers such as Mauricio Pochettino, he can bring title glory to White Hart Lane.
Three consecutive top-three finishes in the league demonstrate the dramatic transformation under the Argentine, as well as the team’s consistency.
They are within touching distance of the holy grail of winning a trophy, but top-quality signings of the ilk of Wilfried Zaha and Ryan Sessegnon are an absolute must. A new centre-back is also needed if, as expected, Toby Alderweireld quits this summer.
It is time for Levy to seize this brilliant opportunity to take Spurs to the next level.