Finance guru: Tottenham to bag £50m-plus windfall
Tottenham are set to earn at least £50million from the Champions League next term – and their coffers will be further boosted from corporate hospitality packages on European nights.
That is the view of finance expert Doctor Dan Plumley, speaking exclusively to Football Insider about the financial rewards of Spurs’ top-four finish.
Antonio Conte’s side booked their place in the 2022-23 group stages with a 5-0 thumping of Norwich City on the final day of the Premier League season last Sunday (22 May).
That means they will host at least three Champions League matches at their state-of-the-art multi-purpose stadium next season
Spurs’ chief commercial officer Todd Kline told Sports Pro last Friday (20 May): “We’re just starting to scratch the surface of the venue’s real value.”
And Plumley insists that the lure of European football at one of the world’s greatest stadiums will generate a significant boost to hospitality income.
“It’s £50m at least for an English club in the Champions League, which is a significant boost to the finances,” the Sheffield Hallam University expert told Football Insider’s Adam Williams.
“They have got room to spend if they want. The stadium debt is an issue for a while but it is all accounted for in the long-term plan.
“It comes full circle because the exposure and prestige of being in the Champions League is a boost for matchday packages. The hospitality angle of the Champions League is attractive.
“The new stadium is where people want to be, and that comes with its own boost.”
The 2021-22 campaign was Spurs’ first full season at their new stadium.
Analysts estimate that they could generate as much as £120m per year from the venue.
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