President Daniel Levy insists that “financial stability of the club will not compromise” after Tottenham announced his revenue for the year ended in June
Spurs has been missed in the Champions League for £21.4 million, although it will end due to increased TV and commercial revenues.
The club have announced a total of £26.2m losses, £86.8m in
The club have announced the financial results of the year ending on June 30,
— Tottenham Hotspur (@spursofification) March 31,
Champions League is very important for revenues – Levi
“While we announce our financial results for June 30, 2024, we are currently finding ourselves in the 14th place in the Premier League, we have left for a very active season on the pitch,” he told the club’s official website.
“We are in the quarter-finals of the Europa League,” he says. Winning the competition welcomes the silver welcomes the Champions League qualifiers. We must do our best to support the team in these main stages.
“Since we opened the new stadium in April 2019, we have invested more than 700 million pounds to get players. The employment of players will remain a major place, and we must make sure we buy smart in our financial tools.
Levy defends himself in fans’ charges of saving
Levi is under pressure from fans because they see them as little spending in recent years but quickly defend themselves when he talks about the results.
“I often read my call for more, as we as the ninth richest club in the world have ranked. But a more detailed investigation than today’s financial figures reveals that such expenditures must continue in the long run within the framework of our work revenue.
“We cannot spend what we don’t have, and we don’t compromise on the financial stability of this club – in fact, our outdoor revenue has significantly complemented this year’s football revenue this year, which is evidence of our diverse revenue strategy.
“I want to thank all those who support us in good times and bad times. We are resistant and passion of our club.