Some Tottenham Hotspur fans have joked that the North Londoners will have to win the league title this season in order to compensate for the potential losses over the next year.
Tottenham confirmed today that they have made a loss of £63.9m in the year ending June 2020, compared to a £68.6m profit for the previous 12 months.
The figure is mainly down to the reduction in matchday and broadcast revenue, which has come at a difficult time for the club as they are still paying the interest on the loans borrowed for the construction of the Tottenham Hotspur Stadium.
Worryingly, Daniel Levy revealed that the club estimates a potential loss of over £150m next season if fans are not allowed to attend matches for the rest of the campaign.
While some fans were concerned that this might mean there will be no significant investment into the squad over the next few transfer windows, others joked that Jose Mourinho’s men could compensate for the loss with Premier League prize money.
— O L I (@olinotolly_) November 23, 2020
Need to win the league to earn it back then
— H3nry (@henryfield19) November 23, 2020
We’ll make up for it after we’ve won the quadruple
— ☔️O☔️ (@OwenTHFC_) November 23, 2020
Guess we will have to get the prize money from winning the quadruple then
— George Rickwood THFC (@rickwood_george) November 23, 2020
Let us back in and I’ll drink the gaff dry! https://t.co/wa5KDiySKp
This is bad. really really bad. Credit to Levy and the board for managing to strengthen the squad during these circumstances. https://t.co/tLYkcccuNZ
— Freddie (@AstroLaRoche) November 23, 2020
Spurs gonna win the league and then go bust
— Spooky (@Spooky23) November 23, 2020
This is not great news 😬 https://t.co/c9G7rMOovP
— #TheVarSidePubcast (@Stacey1882) November 23, 2020
That's our January window done..
— Touhid (@im_touhid) November 23, 2020
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