The hierarchy at Spurs expect to break into top 10 of European football’s money league after moving into new stadium
We have passed German giants Borussia Dortmund in the rankings and now have our sights set on the top spots according to The Mirror
The article adds that we expect to break into the top 10 of European football’s money league when we move into our new stadium at White Hart Lane next season.
All this follows a 46 per cent surge to £306million turnover in 2016-17 and the article adds that this has moved Spurs above Borussia Dortmund among the continent’s most affluent clubs.
Manchester United (1st), Manchester City (5th), Arsenal (6th), Chelsea (8th) and Liverpool (9th) are now the only English clubs ahead of us in terms of annual revenue at the moments
With the club going well in the league and on the brink of delivering more Champions League football next term, data analysts Swiss Ramble predict the clubs TV income alone, from domestic and European competitions,will hit the £200m mark next year.
It adds that although our £127m wage bill to remains way behind Manchester rivals City and United (£264m apiece), Chelsea (£220m), Liverpool (£208m) and Arsenal (£199m) we are well-placed to absorb the £800m cost of the new 61,000-capacity ground.
It goes on to say that Daniel Levy has now presided over two of the four largest operating profits in Premier League history – even though the £58m surplus before tax in 2016-17 was smaller than the £80m profit four years earlier, when we sold Gareth Bale to Real Madrid for a world record £89m.
At 41 per cent, Spurs now have the top flight’s lowest wages/turnover ratio which the article adds is a key indicator of sound housekeeping.
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