Tottenham are set to be hit by another multi-million loss this season, even if the Premier League campaign is completed by the end of July, reports Football Insider.
It is believed that Spurs will lose around £20m in broadcasting rebates should the Premier League season not be finished by July 16.
The Premier League season is expected to restart on June 17 and come to a finish on July 26 – just under two weeks after the broadcast deals end (Eurosport).
If Spurs achieve a top-six place, the report suggests that the Lilywhites will be hit with a £20m bill to pay the broadcasting companies for the late completion of the season.
However, for every week the Premier League season runs over the broadcast deadline of July 16, clubs will be hit with further rebates.
These unexpected rebates come alongside the loss of matchday revenue for clubs through ticket revenue, food and beverage sales, and merchandise, to name just a few things.
Earlier this year, Spurs announced record revenue figures of £460.7m and a pre-tax profit of £87.4million – making Spurs the eighth richest club in the world, according to Deloittes.
Spurs Web Opinion
With a lack of summer spending already looking likely, this does not make for good reading. The £20M rebate is likely to be just the start of the bills going to the broadcast companies as it will be extremely difficult for the league to be completed in just one month.
Keep up to date with all the latest Tottenham news and opinion by following SpursWeb’s Facebook, Twitter and Instagram accounts.
