Spurs chairman Daniel Levy has acknowledged that the team is in negotiations with possible investors following their most recent
financial report, which showed record revenue of £549.6 million but an £86.8 million loss.
Following the release of their 2022–2023 financial year results, Spurs revealed that their cash-generating stadium generated over half
a billion pounds in revenue for the first time. This is a 24% increase from the previous year’s £444 million to £549.6 million. Included
in that were match receipts, which increased to £117.6 million from £106.1 million the year before.
“Our turnover has exceeded half a billion pounds for the first time,” stated Levy. “UEFA provided funding, but additional revenue
streams and higher stadium receipts from football and non-football events have also played a significant role in this. This is the effect
of our multipurpose stadium and the outcome that our board has been working to achieve in order to sustainably fund our football
program. Having success on the field is our club’s top priority.”
The chairman of Tottenham acknowledges that the team needs to “continue to invest in the teams and undertake future capital
projects, the club requires a significant increase in its equity base,” and that “the board and its advisors, Rothschild & Co, are in
discussions with prospective investors.”
Levy received an accrued bonus of £3 million paid over the course of the year, while his salary was paid £3.581 million last year, up
from £3.265 million the year before, according to the report. Following the completion of the Tottenham Hotspur Stadium in 2019,
the chairman of the Spurs was awarded a £3 million bonus.
According to recent projections, the club could potentially earn between £2.5 million and £3 million from the 6% rise in season ticket
sales the following season.
Spurs also revealed that a net expenditure of £108.893 million was incurred during the summer transfer window that followed the
financial results, which included Harry Kane’s move to Bayern Munich.
The financial figures indicate that the UEFA prize money increased to £56.2 million from £10.2 million to represent the difference
between the previous year’s COVID-enforced Europa Conference League group stage departure and last year’s Champions League
round of 16 appearance. Thanks to the new Premier League broadcast deal, TV and media income increased marginally to £148.1
million from £144.2 million.
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