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Daniel Announces £64m loss this season

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Levy has announced losses of £63.9m compared to last year's £68.6m profit. More worryingly he is predicting a possible £150m loss next year if fans don't return to the stadium.

More figures in these links :

https://www.football.london/tottenham-hotspur-fc/news/daniel-levy-delivers-statement-tottenhams-19328101

https://www.skysports.com/football/news/11675/12140083/tottenham-premier-league-leaders-announce-losses-in-excess-of-60m

I do find it incredible that Boris has not allowed limited attendances at the football grounds provided the clubs can show adequate safety measures will be taken at all times to ensure social distancing is maintained.

 

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7 minutes ago, Borodin said:

Levy has announced losses of £63.9m compared to last year's £68.6m profit. More worryingly he is predicting a possible £150m loss next year if fans don't return to the stadium.

More figures in this link :

https://www.football.london/tottenham-hotspur-fc/news/daniel-levy-delivers-statement-tottenhams-19328101

I do find it incredible that Boris has not allowed limited attendances at the football grounds provided the clubs can show adequate safety measures will be taken at all times to ensure social distancing is maintained.

 

Funny how the theatres where allowed attendance a little while back though... for a brief moment a couple months back I thought we would've seen the fans back by now.

Its clearly COVID thats caused the loss... does the government not issue grants to the bigger football teams?

Financially I think the club should be stable enough to handle the loss but I do also think Levy will wanna make that money back before forking out for transfers in the next summer period... Hopefully they'll be able to get the fans back before march time... 

COYS

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theatre goers are a lot more sensible than football fans , theatre goers wont all jump together when a great song is sung! ;-)

football fans proved incapable of trust when Liverpool won the title ,  i know thats only them and its no surprise its them but.....

The new stadium was technically geared up to maximise revenue spend per fan so yes it is hitting THFC harder than other clubs hence we should sell Kane and more than balance the books (joke)

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47 minutes ago, Audere Est Facere said:

theatre goers are a lot more sensible than football fans , theatre goers wont all jump together when a great song is sung! ;-)

football fans proved incapable of trust when Liverpool won the title ,  i know thats only them and its no surprise its them but.....

The new stadium was technically geared up to maximise revenue spend per fan so yes it is hitting THFC harder than other clubs hence we should sell Kane and more than balance the books (joke)

The theatre fraternity hierarchy are also huge financial donors to the political parties. Boris knows where his bread is buttered. It would be fantastic to see a Prime Minister who is a genuine football fan and can empathise with what the fans are going through at this difficult time.

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On 11/23/2020 at 12:29 PM, Borodin said:

Levy has announced losses of £63.9m compared to last year's £68.6m profit. More worryingly he is predicting a possible £150m loss next year if fans don't return to the stadium.

More figures in these links :

https://www.football.london/tottenham-hotspur-fc/news/daniel-levy-delivers-statement-tottenhams-19328101

https://www.skysports.com/football/news/11675/12140083/tottenham-premier-league-leaders-announce-losses-in-excess-of-60m

I do find it incredible that Boris has not allowed limited attendances at the football grounds provided the clubs can show adequate safety measures will be taken at all times to ensure social distancing is maintained.

 

In the world of football. I don't think it will be a problem for the bigger, richer clubs. We are something like the 4th or 5th richest in Europe with all our assets,

Regarding the social distancing referred to, as I have put before, that amounts to nothing if fans getting into and to and from the grounds that social distancing cannot be controlled and why the government is taking this stance rightly or wrongly.

COYS

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On 11/23/2020 at 12:29 PM, Borodin said:

Levy has announced losses of £63.9m compared to last year's £68.6m profit. More worryingly he is predicting a possible £150m loss next year if fans don't return to the stadium.

More figures in these links :

https://www.football.london/tottenham-hotspur-fc/news/daniel-levy-delivers-statement-tottenhams-19328101

https://www.skysports.com/football/news/11675/12140083/tottenham-premier-league-leaders-announce-losses-in-excess-of-60m

I do find it incredible that Boris has not allowed limited attendances at the football grounds provided the clubs can show adequate safety measures will be taken at all times to ensure social distancing is maintained.

 

Take into a fact that they haven't had to pay as many wages or energy bills, the catering alone must cost us a fortune, yes we lose massive profit from the gate but I'm sure I did pretty well in the Spurs shop specially when they were selling BALE shirts at £70 a pop:16:

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