Tottenham Hotspur have fallen one place to 10th in the latest Deloitte Money League but the financial future is bright now stadiums have returned to full capacity. The North London club made £359.7million last season, a 9% year-on-year fall, but they will gain ground on the clubs above them next year when matchday revenue is factored in.
Spurs made £206.6million in broadcast revenue last season (9th) and £151.2million in commercial income (10th) but are well positioned for the future because “investment in stadia infrastructure to enhance and facilitate a greater matchday and non-matchday experience” is listed as one of seven areas for clubs to focus on going forward.
The club's wages to revenue ratio sits at 57%, which is significantly less than the 77% of Chelsea’s revenue and 75% at Arsenal. Chairman Daniel Levy has been both praised and criticised for his cost-control measures at the club and there is further pressure on him to back head coach Antonio Conte in the summer transfer window as the club seeks to rejoin the Champions League.
