Tottenham Hotspur have received a welcome financial boost with the news that their value has significantly increased over the past year. The north London club are currently worth £ 1.609bn a rise of £205million which represents a 12 per cent increase.
A report published on Football Benchmark show that Spurs were dealt a blow with their first season inside their new state-of-the-art stadium affected by Covid/lockdown in the 2019/20 campaign. However, despite the second half of that season taking place behind closed doors, the club were still able to register record matchday revenues.
The Lilywhites dealt well with the financial hardships of the pandemic; their staff costs to revenue stood at 39% in the 2018/19 season and rose to 58% in 2020/21. A figure still considerably lower than many of their competitors in normal times.
