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Spurs now the highest revenue generating club in London

Metalhead

But that's a debate for another thread.....
Nov 24, 2013
25,351
38,294
Do we get to put this in the trophy cabinet?
Yeah - I mean it's fantastic and DL's business acumen in that area is beyond question. We will always be a financially stable club under DL, even without the latest surge up the financial table. The thing is though that unless it supports us being ever more competitive on the field in relation to our growing off the field status then it doesn't mean a lot. I don't sit around with friends who support other clubs and boast about the club's off the field achievements apart from being proud of the superb stadium. We talk about results and trophies.
 
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Deleted member 27995

Yeah - I mean it's fantastic and DL's business acumen in that area is beyond question. We will always be a financially stable club under DL, even without the latest surge up the financial table. The thing is though that unless it supports us being ever more competitive on the field in relation to our growing off the field status then it doesn't mean a lot. I don't sit around with friends who support other clubs and boast about the club's off the field achievements apart from being proud of the superb stadium. We talk about results and trophies.
I'd like some success on the pitch, I don't talk to many other fans about Spurs because they all know better than me most of the time. It'd just be nice to have a moment or six where I get to sit and enjoy us holding a trophy aloft - not the Audi Cup.

Thing is, this report, shows how far the game has gone to becoming business first and sport second.
 

SpartanSpur

Well-Known Member
Jan 27, 2011
12,552
43,063
Just shows how important us being in and arsenal being out of the champions league is. I know I’ve mentioned it a million times but Arsenal repetitively missing out on the champions league is huge for us. Long may it continue. It’s not as important as us getting in the top four but then not doing so isn’t that far behind. Chelsea can spend weather due to Abrahmovich but arsenal aren’t run like that.

Supposedly Roman had to prop up Chelsea with £250m in their last set of accounts, which is pretty crazy. I think they have a really bloated wage bill that almost demands qualification however. CL is vital. But yes every year Arsenal miss out is huge for us and gives us a chance to become the bigger club financially. Unless the Kroenke's are putting money in, their transfer funds must be almost depleted after last summer, until they get in the CL again or sell a major asset or two.
 

joelstinton14

Well-Known Member
Aug 23, 2011
1,295
3,429
I wouldn't want a different owner because you know what you are getting but don't you think that the paying fans deserve the trophies too?

To be fair we haven't been far off that. We're talking about 90 and 180 Minutes of football from repeatedly winning various trophies. An extra player or two may have got us there sure, but it may not. Those days are just about the mental side of the game than they are the footballing side. We had good enough sides to beat the teams we played on the day (Utd FA cup semi especially)
 

SirHarryHotspur

Well-Known Member
Aug 9, 2017
5,005
7,421
Yes huge increase in income but the next club accounts need to be seen to see the cost of remaining at Wembley , the huge increases in salaries for Harry , Sonny etc , N'Dombele ( I'm on huge wages but not fit to play) and also what the final cost of the stadium build is with all the delays.
If the club was rolling in so much cash they would have started the 2nd phase of the development, the hotel etc but I don't think they have as yet.
 

Graysonti

Well-Known Member
May 8, 2011
3,904
5,823
Yes huge increase in income but the next club accounts need to be seen to see the cost of remaining at Wembley , the huge increases in salaries for Harry , Sonny etc , N'Dombele ( I'm on huge wages but not fit to play) and also what the final cost of the stadium build is with all the delays.
If the club was rolling in so much cash they would have started the 2nd phase of the development, the hotel etc but I don't think they have as yet.

This is revenue only reporting old chap - keep up
 

SpartanSpur

Well-Known Member
Jan 27, 2011
12,552
43,063
The crazy thing about these result is that just 3 years ago we were operating with a healthy wage to turnover ratio (one of the lowest in the league) with a turnover of £280m. In just three years that has jumped to £460m. You would expect this season's to pass the £500m barrier even if we drop out of the CL next round with the stadium revenues and improved commercial deals. Even without CL football you'd imagine we won't drop much lower than £400m in future.

I know we have given quite a few new contracts out in that time but I'd be surprised if our wage bill and other expenses have grown anywhere the same rate. I'll be stunned if our next accounts show anything less than a significant profit. We must have a pretty decent amount of headroom to spend on wages or transfer instalments, as evidenced by our spending in the summer.

Cash flow may be less impressive if we funnelled a load of funds into the stadium snagging issues, but I hope the majority of stadium costs are now tied up in these long term bonds, which are very reasonable and should be no where as crippling as Arsenals stadium debt was. A fair amount of the £1bn+ project was I believe financed up front over the last 5-10 years as we bought up properties and land.

Jose and Levy need to be careful when playing down our financial capabilities, we should have more than enough resources to compete at the top now if we use it correctly and the team are well coached. Our turnover is higher than Juventus, Atleti, Dortmund, both Milans and now even Arsenal and Chelsea (albeit mainly due to the CL money currently). That is huge.
 
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Metalhead

But that's a debate for another thread.....
Nov 24, 2013
25,351
38,294
I'd like some success on the pitch, I don't talk to many other fans about Spurs because they all know better than me most of the time. It'd just be nice to have a moment or six where I get to sit and enjoy us holding a trophy aloft - not the Audi Cup.

Thing is, this report, shows how far the game has gone to becoming business first and sport second.
To be fair we haven't been far off that. We're talking about 90 and 180 Minutes of football from repeatedly winning various trophies. An extra player or two may have got us there sure, but it may not. Those days are just about the mental side of the game than they are the footballing side. We had good enough sides to beat the teams we played on the day (Utd FA cup semi especially)
The squad does still need decent investment though. Apart from the positions mentioned on other threads, I feel like we lack an experienced, major trophy winner who could help instill that winning mentality. The issue cannot be solved by money alone but an increase in revenue surely has to make its way through to improving the team or why would fans care that much? Am I naive - is it part of being a fan nowadays to see that as akin to winning a trophy?
 

coys200

Well-Known Member
May 22, 2017
8,436
17,403
Should remember as well that 18/19 doesn’t include:

gate receipts for new stadium- Although we sold the ST at average 20% increase. All tickets were then returned for 14 PL games at Wembley. Gates on average were down 10k on those games compared to stadium plus losing the amazing food/drink revenue. Overall I’d guess it cost us £15-20m

16 non football events- The boxing concerts etc could be worth circa £30m

naming rights- possibly £20m

What’s interesting is that add these figures and even without CL we still may be ahead of Chelsea and Arsenal.
 

tiger666

Large Member
Jan 4, 2005
27,978
82,214
You lot are naughty, there's an undercurrent of dissatisfaction with Nicknack that's bordering on the rebellious

I'm sending up the BSoDL bat signal.

Already done.

Untitled-1.jpg
 

thebenjamin

Well-Known Member
Jul 1, 2008
12,164
38,545
Should remember as well that 18/19 doesn’t include:

gate receipts for new stadium- Although we sold the ST at average 20% increase. All tickets were then returned for 14 PL games at Wembley. Gates on average were down 10k on those games compared to stadium plus losing the amazing food/drink revenue. Overall I’d guess it cost us £15-20m

16 non football events- The boxing concerts etc could be worth circa £30m

naming rights- possibly £20m

What’s interesting is that add these figures and even without CL we still may be ahead of Chelsea and Arsenal.

Deloitte also don't include revenue from player sales. Which makes the entire thing kind of pointless, given how fundamental a part of football finance it is.
 

spursfan77

Well-Known Member
Aug 13, 2005
46,680
104,957
Supposedly Roman had to prop up Chelsea with £250m in their last set of accounts, which is pretty crazy. I think they have a really bloated wage bill that almost demands qualification however. CL is vital. But yes every year Arsenal miss out is huge for us and gives us a chance to become the bigger club financially. Unless the Kroenke's are putting money in, their transfer funds must be almost depleted after last summer, until they get in the CL again or sell a major asset or two.

Doesn’t sound like they are keen to do that at all. They are stumping up a lot of their own family money for the new stadium in LA. While that’s going on I can’t see them pumping cash into arsenal. They’ll want them to be self sufficient. Eg. They aren’t buying anyone this window when they could do with players, especially defenders.
 

freeeki

Arsehole.
Aug 5, 2008
11,836
69,426
I mean this is great and all, but every one of these "look how well Spurs are doing financially" stories makes it all the more galling that we're yet to see a significant uplift in first team investment.

Ndombele and Lo Celso were major signings, and you could argue that Jose was too, but if the club want this sort of financial performance to continue on a more long term basis, the time to really heavily invest in the squad was four windows ago is now.
 

SpartanSpur

Well-Known Member
Jan 27, 2011
12,552
43,063
Doesn’t sound like they are keen to do that at all. They are stumping up a lot of their own family money for the new stadium in LA. While that’s going on I can’t see them pumping cash into arsenal. They’ll want them to be self sufficient. Eg. They aren’t buying anyone this window when they could do with players, especially defenders.

I hope they don't buy any defenders this window! That said I think the January market only really gets moving in the last 7-10 days, so it wouldn't be a surprise if they (or indeed us) end up doing deals that aren't even on the radar right now.
 
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