Tottenham chairman, Daniel Levy, is known for his financial prudence, not just in the transfer market but also in the way he runs the day-to-day operations at Spurs.
The Lilywhites have one of the lowest net spends in comparison to the teams they are competing with at the top end of the Premier League table.
The club also has the lowest player wages to turnover ratio in the whole of the Premier League (The Sun).
New figures compiled by vysyble (as relayed by Football.London) have now revealed that the Lilywhites also have a very low staff cost in comparison to their rivals.
While comparing all Premier League sides’ staff costs in relation to their revenue from 2016 to 2019, it was found that Tottenham spent just 39.33 per cent of their revenue on staff payments.
Tottenham’s overall staff costs for the three years was found to be £452.72 million, which was the sixth-highest in the Premier League.
However, the ratio of Spurs’ staff costs to turnover was found to be the lowest out of all of the 14 Premier League teams who have spent the past three years in the English top flight.
MORE SPURS STORIES
Spurs Web Opinion
While some fans will be critical of Daniel Levy for a lack of investment, it is his financial prudence in managing costs that has proven to be our saving grace during the COVID-19 crisis. While the substantial debt owed on the stadium is a worry, the fact that our business model is much healthier than some of our rivals’ should hopefully leave us in good stead.
Keep up to date with all the latest Tottenham news and opinion by following SpursWeb’s Facebook, Twitter and Instagram accounts.
