Foot & Soccer Soccer Match Reports, Football News 
Chairman Daniel Levy insists he gained’t “compromise the monetary stability of the membership” after Tottenham reported a drop in income for the yr ending June 2024.
Spurs missed out on Champions League soccer over that interval and that’s mirrored in a drop in income of £21.4million, though it’s offset by a rise in TV and business incomes.
The membership reported an total lack of £26.2m, down from £86.8m in 2023, and Levy was fast to emphasize how necessary profitable the Europa League, and returning to the European elite, this season can be.
The Membership has introduced monetary outcomes for the yr ended 30 June, 2024.
— Tottenham Hotspur (@SpursOfficial) March 31, 2025
Champions League is significant to revenues – Levy
He informed the membership’s official web site: “As we announce our monetary outcomes for the yr to 30 June 2024, we at the moment discover ourselves in 14th place within the Premier League, navigating what has been a extremely difficult season on the pitch.
“We’re, nonetheless, within the quarter-finals of the Europa League. Profitable this competitors would see welcome silverware and imply qualification for the Champions League. We should do all the things we will to help the staff in these last key levels.
“Since opening our new stadium in April 2019, we now have invested over £700 million web in participant acquisitions. Recruitment stays a key focus, and we should be certain that we make sensible purchases inside our monetary means.”
Levy defends himself from followers’ accusations of thriftiness
Levy has come underneath strain from followers for what they understand to be a scarcity of spending lately however he was fast to defend himself when discussing the outcomes.
He added: “I typically learn requires us to spend extra, on condition that we’re ranked because the ninth richest membership on the planet. Nonetheless, a more in-depth examination of immediately’s monetary figures reveals that such spending should be sustainable in the long run and inside our working revenues. Our capability to generate recurring revenues determines our spending energy.
“We can’t spend what we would not have, and we won’t compromise the monetary stability of this membership – certainly, our off-pitch revenues have considerably supplemented the decrease soccer revenues this yr, testomony to our diversified revenue technique.
“I need to thank everybody who helps us by means of good instances and dangerous. We’re resilient and obsessed with our membership. We will goal to complete this season as strongly as we will and proceed to construct for achievement on the pitch.”
