Tottenham Hotspur are the third most valuable football club in the Premier League following a study into football finances.
The findings by the University of Liverpool’s Centre for Sports Business Group has seen Spurs valued at £1.873 billion in the study for the 2017-18 season.
To calculate their valuations, the university included account revenue, profits, non-recurring costs, average profits on player sales over a three-year period, net assets, wage control and proportion of seats sold for fixtures.
The two Manchester clubs sit above the North London outfit with City in first place at £2.364bn and United trailing their rivals with a £2.087bn valuation.
Spurs also have the lowest wage/revenue percentage in the top flight at 39%, while Crystal Palace’s is the highest at 78%.
Spurs have seen big rises but North London rivals Arsenal have dropped to sixth place at £1.368bn without Champions League football to generate higher revenue.
Daniel Levy will be hoping that Mauricio Pochettino can guide the club to another top four finish to help further drive revenues.
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