Date: 3rd April 2018 at 12:29pm
Written by:

Spurs have announced a record revenue of £306million for year ending June 2017 this is a £96million increase on revenue in 2016-17.

The figure of £306.3million sees a significant rise on 2016’s £209.8million and is a result of increased TV revenue, their highest ever Premier League finish in 2016-17 and a Champions League group-stage campaign.

The increase also comes despite reduced gate receipts following the demolition of the north-east corner of White Hart Lane midway through last season. As a result profit is also up for the year, climbing from £33.0million to £41.2million.

Levy said on the club’s website:

“Extraordinary levels of financial and human resource have seen significant progress on capital projects, with schemes under way at both the new stadium site and our training centre.

As custodians of the club we are ever-conscious of the need to ensure the future stability of the club whilst managing its growth. We are in an historic period for the club and there is a growing sense of excitement.

There will, however, be many challenges in the coming months as we near the latter stages of the construction of the new stadium and its opening.

The drive and determination to deliver our best across all areas of the club, together with the unity and support of all involved, will, I believe, see us meet those challenges.”

This in a season where Spurs have pretty much confirmed that they are steadfastly refusing to pay market rate to players – but they do expect supporters to pay through the eyeballs.

Last summer Kyle Walker quit Spurs to join Manchester City. In return the boy recieved a bumper salary and inevitably it seems, a Premier League winner’s medal. The next man up for a taste of the same is Alderweireld.

It would be remiss not to mention Danny Rose here too. Rose – also represented by the same agent as – Walker managed to miss the ‘Opportunity Of A Lifetime Boat’ and then famously opened his heart to The Sun, explaining that he also wanted a pay rise and a clear crack at some silverware.

This leaves many of us staring intently at Levy and Pochettino and asking ‘what precisely was the plan again?’

You cannot build anything in football without player retention.

If matters continue on the present course, by the end this 2017/18 season, Tottenham Hotspur will have sold 75% of what was accredited the season before as the best back four in the league.

The burden of expectation has never been greater upon Spurs, who have spent and awfully long time positioning themselves for the big time, in terms of gradual league placing finishes, branding and so forth.

The pricing strategy for Haringey’s brave new world is a premium one aimed at the elite fan. Few are in any doubt that match-days at Spurs will be a 5 star experience.

My only slight concern is who’ll actually be in the starting XI.

 
Comments
  • Caspurs♿️ April 3, 2018 at 2:00 pm

    Mad Carew
    I always find that meeting people in the flesh is very disappointing.

    Imagine how the people that meet you feel.

    • SpurAndy 🍒π April 3, 2018 at 2:26 pm

      I keep getting this vision.

      • Camus April 3, 2018 at 2:36 pm

        Toby looks a bit different without his face mask.

    • Harry Hotspur April 3, 2018 at 2:33 pm

      Assisted suicide rates are up…

  • Sexy Beast April 3, 2018 at 1:44 pm

    Harold, dust down them old puma kings, get a personal trainer for a few weeks and ……..,

    • Harry Hotspur April 3, 2018 at 2:33 pm

      Sambas!

  • UnkleTaff April 3, 2018 at 1:32 pm

    Hmm… At least the original looked vaguely like Ronaldo. This new one looks nothing like him at all.

    • Mad Carew April 3, 2018 at 1:33 pm

      Is the one on the right Alan Pardew ?

    • Ronwol1960-61 April 3, 2018 at 1:33 pm

      The one on the left looks like Michael dawson

    • Sexy Beast April 3, 2018 at 1:44 pm

      Ronwolaldo? 😂

  • DaveK April 3, 2018 at 1:31 pm

    £97 million increase in income, 8 million increase in profits. The money is obviously going somewhere but not in player retention it would see. Great picture of Levy, Harry, but surely the money is disappearing up his arse and not coming out of his ears?

    • Harry Hotspur April 3, 2018 at 1:40 pm

      ‘That’s some suppository, Daniel’

      ‘Wait until I tell you how cheaply I purchased the muscle relaxant’

  • Camus April 3, 2018 at 1:29 pm

    How we’ve all laughed at ‘The Library’ next door and Yanited having to organise ‘singing sections’…

    • Ronwol1960-61 April 3, 2018 at 1:30 pm

      82,000 for the Palace game singing their fucking heads off

      • Camus April 3, 2018 at 1:49 pm

        In the new stadium?
        You’ve been to the future?
        What’s it like, Ron?

      • MysteriousStranger April 3, 2018 at 3:29 pm

        It never happened Ron.

  • Horndog 🇺🇸 April 3, 2018 at 1:27 pm

    Gus
    Hanging put here with the rest of you tragics is like the next best thing! 😁

    The best thing Gus is hanging with these lunatics in real life. Make it happen, you won’t regret it.

    • Ronwol1960-61 April 3, 2018 at 1:27 pm

      Amen

      • Mad Carew April 3, 2018 at 1:29 pm

        I always find that meeting people in the flesh is very disappointing.

        • Horndog 🇺🇸 April 3, 2018 at 1:30 pm

          I could not disagree more.

          • Mad Carew April 3, 2018 at 1:41 pm

            Horny it’s better to imagine that the guys one exchanges with are of a similar ilk, to find in most cases they are fat old bald men in bad health missing most teeth and coughing or spluttering is bound to disappoint.

            • Mad Carew April 3, 2018 at 1:45 pm

              • Horndog April 3, 2018 at 1:48 pm

                Even the disappointing ones are interesting, just my experience.

        • Ronwol1960-61 April 3, 2018 at 1:30 pm

          Yes well theres been talk Raz……

        • Freund or Foe April 3, 2018 at 1:31 pm

          Good job you faked attendance to that coin fair then.

          • Caspurs♿️ April 3, 2018 at 2:05 pm

            *fake coin fair

  • Mad Carew April 3, 2018 at 1:23 pm

    We’ve been a selling Club for the last 45 years, why would we suddenly change now, Levy sees Poch as the man with the Midas touch, if anything we are more likely to sell our prized assets in the knowledge that there are more gems in the pipeline.
    Donald Duck thinks the Teachers would have shot the hell out of a Gunman Intruder before he knew what hit him, does he not realise that the Teachers may as well have Targets on their backs irrespective of wether they are armed or not.

    • Gus April 3, 2018 at 1:25 pm

      Poch is a master at getting more out of less. That’s why Levy loves him

      • Mad Carew April 3, 2018 at 1:27 pm

        Yep, he’s worked wonders with Sissoko !

        • Gus April 3, 2018 at 1:29 pm

          He’s a master, not a miracle worker

        • Ronwol1960-61 April 3, 2018 at 1:31 pm

          Sissoko was always going to be better in Dembeles position than Eriksen/dele/Lamelas

      • Ronwol1960-61 April 3, 2018 at 1:28 pm

        By definition the teams below us are getting less out of more

  • Camus April 3, 2018 at 1:22 pm

    “Tourists Don’t Sing”

    “Keep Bale History”

    These are great article titles.

    • Accy April 3, 2018 at 1:26 pm

      “Tourists Don’t Sing” – great bumper sticker.

      • Gus April 3, 2018 at 1:26 pm

        Hand out song sheets

        • Ronwol1960-61 April 3, 2018 at 1:32 pm

          Song Sheet: Whistling in the Carzzi?

    • Harry Hotspur April 3, 2018 at 1:45 pm

      Hahahahaha

  • J April 3, 2018 at 1:17 pm

    I’m not one for usually commenting on forums, but those Levy haters really need to try and get their heads around the economics:

    Revenue by club YE 6/17
    Man United 581.2
    Man City 473.4
    Arsenal 422.8
    Liverpool 364
    Chelsea 361.3
    Tottenham 306.3

    In terms of our rivals, we’re 20% off the next team in terms of revenue. We CANNOT afford the salaries the other big clubs around us pay, unless you want us to do a Leeds or Portsmouth.

    As much as Levy is maligned by most here, he’s not stripping cash out of the club like the Glazer’s. Nor do he have the vast wealth of the Emiratis or Russians.

    If you want this club to be able to compete financially with the rest of the top 6, Spurs need higher revenue streams. It’s actually that simple.

    Trying to build the club sustainably takes either time or a huge cash injection to tempt foreign supporters then sponsors by winning things with mercenaries for a few years.

    At the moment, we are a poor, comparatively small club that are trying to (and succeeding in) breaking in to the Premier League elite teams. I’d rather that than be where Villa and Newcastle are now!

    • Freund or Foe April 3, 2018 at 1:36 pm

      Why do you have to ruin a mostly perfectly reasonable post with that “doing a Leeds” crap?

      • Harry Hotspur April 3, 2018 at 1:39 pm

        There are never any shades with these people…

        • J April 3, 2018 at 1:44 pm

          It’s grim up north, you don’t need any shades up that way.

          • Harry Hotspur April 3, 2018 at 2:33 pm

            I live in the midlands.

            • Camus April 3, 2018 at 2:39 pm

              Welcome to the Madlands, H 👋
              We can’t promise you the scenery you had in Harrogate/oop north wherever it was, but the folk are generally down to earth and we like our ales.

  • Ronwol1960-61 April 3, 2018 at 1:05 pm

    Im selling tickets to Canada so you lot can watch Tottenham for a reasonable price.
    We leave Fenchurch street every Friday and return by inflated baloons on Sunday nights

    • gloster1861 April 3, 2018 at 1:10 pm

      I can’t speak French that well.

      • Ronwol1960-61 April 3, 2018 at 1:19 pm

        Frenchurch street?

    • Horndog 🇺🇸 April 3, 2018 at 1:13 pm

      Tickets to Nebraska are cheaper and my man cave has a frig and a 70” big screen, leather sofa, fireplace and a trophy wall. Demand isn’t very high so lots of room available.

      • Ronwol1960-61 April 3, 2018 at 1:19 pm

        Looxury! We live in a paper bag in the middle of an ice rink

        • Gus April 3, 2018 at 1:21 pm

          Was it was lined?

          • Ronwol1960-61 April 3, 2018 at 1:22 pm

            no but there were cracks down the opponents end

  • Ronwol1960-61 April 3, 2018 at 1:01 pm

    MS:
    Yeah. This is the thing Ron. You and others abroad (as I once was) can also kick back and watch us live on TV most of the time, whilst people in the U.K. are unable to. Unless we’re tuning in to a moody stream. Ticket sales were supposed to be the reason people in the U.K. aren’t able to watch games live, so fans would still go to the games and clubs wouldn’t lose ticketing revenue. I agree with your points about the market (even if I would prefer for market to not be quite this way inclined). The product is globally sold. What you are buying in this day and age is the dream to one day go to a match, and if the demand for the product is high enough, people will pay the inflated prices. Like these bloody sports tourists and expats who come from abroad. 🤪

    Hahaha!! I spent all my season ticket budget on going to one game!!!!!! It was tremendous though! Meeting you lot was a riot!!!!

    • Horndog 🇺🇸 April 3, 2018 at 1:06 pm

      It is hell being a bloody sports tourist but I would rather go berserk to attend another Spurs match, MS, than be gifted an NFL season ticket or other such dross.

      • Ronwol1960-61 April 3, 2018 at 1:21 pm

        I do like going to Buffalo occasionally,its mental

        • Horndog 🇺🇸 April 3, 2018 at 1:23 pm

          That is what I understand, mental in a good way.

          • Ronwol1960-61 April 3, 2018 at 1:26 pm

            Yes nobody is sober by the time the game starts.nobody

      • MysteriousStranger April 3, 2018 at 1:28 pm

        And that’s fine. Different strokes and all that. I’m reliably informed that some people watch F1 for pleasure. 😂

  • Gus April 3, 2018 at 12:57 pm

    I might be in London early next season and would love to see the Boys for the first ever time. Going to NWHL would be great, but it sounds like I’ll save shitloads on an away London derby. As long as I don’t have to sit with the home fans of course

    • Gus April 3, 2018 at 12:58 pm

      response to Bruxie

    • gloster1861 April 3, 2018 at 12:58 pm

      Maybe Fulham will replace Palace.

    • Freund or Foe April 3, 2018 at 1:00 pm

      As a non-member/season ticket holder, you’ve got more chance of Afternoon tea with Harry and Meghan.

      • Gus April 3, 2018 at 1:01 pm

        Than getting tickets for a single game you mean?

        • Freund or Foe April 3, 2018 at 1:03 pm

          For a London away game, in the away end.

          • Gus April 3, 2018 at 1:04 pm

            Right. So go mufti in the home section if I’m desperate?

            • gloster1861 April 3, 2018 at 1:05 pm

              Most places are OK if you are in a group and not too rowdy to attract the attention of the knuckle draggers.

            • Freund or Foe April 3, 2018 at 1:06 pm

              That’s madness mate. If you’re coming for the first time, see the boys at home. Watching a match away amongst home supporters just isn’t the same.

              • Gus April 3, 2018 at 1:08 pm

                I’ll have one weekend as a window to go. NWHL will be my first preference, but I won’t know the schedule until June. Probably have to pay through the nose with stubhub

                • Freund or Foe April 3, 2018 at 1:09 pm

                  Just keep in touch with guys on here Gus, when you know your dates. There’s generally spare tickets/use of memberships available 👍😁

                  • Gus April 3, 2018 at 1:12 pm

                    Will do. It’s looking like second week of September so there will hopefully be lots of cup and league games. I only had one almost chance to go to the old WHL. Missed us beating Wolves 5-3 December 2003. Very disappointed

                    • Freund or Foe April 3, 2018 at 1:13 pm

                      New WHL might not be open by then!!!

                    • Gus April 3, 2018 at 1:14 pm

                      That is my concern yes.

                    • Gus April 3, 2018 at 1:15 pm

                      If not there will be another time. I’ll make it eventually

                    • Gus April 3, 2018 at 1:16 pm

                      Hanging put here with the rest of you tragics is like the next best thing! 😁

                    • Gus April 3, 2018 at 1:16 pm

                      *out

                • mattspurs April 3, 2018 at 2:31 pm

                  Sept has an International fixture weekend – probably the 8th/9th weekend so don’t come over then

              • gloster1861 April 3, 2018 at 1:08 pm

                You get more exercise running away afterwards.

          • gloster1861 April 3, 2018 at 1:04 pm

            There’s only about 3,000 official away fans?

      • gloster1861 April 3, 2018 at 1:02 pm

        Well they be meeting and greeting in the Cheese Room?

        • gloster1861 April 3, 2018 at 1:03 pm

          *will

      • Bruxie April 3, 2018 at 1:03 pm

        True but if you can get one in the away end you”ll have a great time.

        If we win.

  • Bruxie April 3, 2018 at 12:52 pm

    I went to Scumford Bridge last Sunday…for £30 + admin fee.

    Spent less in Chelsea and Hammersmith than going to Harringey or Wembley.

    And had less hassle getting back to Central London.

  • gloster1861 April 3, 2018 at 12:51 pm

    Harry Hotspur
    Any cartographers in?
    “>

    White HALL Lane? Never knew that. Interesting.

  • Legoverlass April 3, 2018 at 12:49 pm

    Levy stating “ I know it’s a £100 mill more based just on the increased TV revenues and yes I know that gate receipts will increase significantly along with other stadium revenues next year but don,t for one moment think that will change the level of investment in the secondary soccer business model. We will remain cautious when it comes to that irritating aspect of our property development business. My salary will increase naturally to maintain its position as best paid Chairman in the EPL and Poochs salary will increase to keep him happy. That will not transfer to player trading however as we will maintain our policy of selling players to buy players and continue with our highly successful zero net spend model…….. where we have sustained a consistent track record over our tenure of 17 years of winning nothing of any note……

    • gloster1861 April 3, 2018 at 12:56 pm

      This year will be even better. An extra tie in the CL, and Wembley gates.

      If we end up flogging off Toby, Rose, Onomah, Nkoudou and the other chaff, we ought to see well in excess of 100 million for Poch to use even just in zero net spend terms.

      I wouldn’t want to see that lavished on one player, namely Gareth Bale.

      • Gus April 3, 2018 at 1:00 pm

        Leave Bale in our history please

  • gloster1861 April 3, 2018 at 12:45 pm

    Gus
    Daniel is going to need more duffel bags

    I think we’re moving towards mini skips now.

    • Gus April 3, 2018 at 12:49 pm

      Or dump trucks full of gold bars. Die Hard styles

  • Bruxie April 3, 2018 at 12:41 pm

    I’m seriously worried for the atmosphere in NWHL.

    It’s cheaper to go to away games – including travel – than it is to go to home games.

    Ticket exchange will allow the tourists to take up the slack for some ST holders but It means missing games.

    Tourists don’t sing.

    The 1882 debacle will haunt Levy. What is he going to do? Scrap it or drop prices and send an email to existing punters with a refund?

    Is he bollocks. He’ll put them on sale for individual games.

    • Harry Hotspur April 3, 2018 at 12:45 pm

      He’s actually a genius, inventing a pseudo corporate package. if nobody buys the fucking things he’ll offer them pro rata to tourists.

      As you say, they won’t sing and it’s more likely that they’ll spend most of their time in the private bar taking selfies.

      • gloster1861 April 3, 2018 at 12:47 pm

        After kick off second half the place will look half empty as the tourists wander back late. It’ll be a shambles.

    • Horndog 🇺🇸 April 3, 2018 at 1:02 pm

      I will/have/intend to sing Bruxie.

      • Bruxie April 3, 2018 at 1:09 pm

        Bring your Horn.

  • Melcyid April 3, 2018 at 12:40 pm

    Levy is a souless talking head every word he speaks is measured and managed for full effect

    • Harry Hotspur April 3, 2018 at 12:41 pm

      He’s a soul harvesting device.

      • Gus April 3, 2018 at 12:42 pm

        He’s a money harvesting device. Joe Lewis is ultimately the devil

    • Accy April 3, 2018 at 12:43 pm

      He sounds like an AI bot with an MBA textbook for a database.

  • Accy April 3, 2018 at 12:39 pm

    I believe we will not have a zero net spend this summer. I don’t expect the transfer strategy to change much, just with the sponsors being wooed, I think Levy will HAVE to do something more than previous years.

  • Harry Hotspur April 3, 2018 at 12:39 pm

    Any cartographers in?

    • Freund or Foe April 3, 2018 at 12:40 pm

      Afraid not, but I’m a bit of a kartoffelkopf if that helps?

      • Harry Hotspur April 3, 2018 at 12:42 pm

        ‘Ere I wanted to know what Cadbury World was like. Trip Advisor gave better reviews to the Black Hole Of Calcutta. Was it really good?

        • Freund or Foe April 3, 2018 at 12:49 pm

          It’s not a full day out, just a few hours, but yes I thought it was great. One hell of a family, the Cadbury’s. A great British company who were lucky enough to have a family succession that believed in their fathers vision, and were groundbreaking in workers rights and living standards. Bourneville must have seemed like a paradise back then. It’s not a “Disney” experience by any means, but I got my geek off.

          • gloster1861 April 3, 2018 at 1:01 pm

            Great stuff. How different from their new owners Monterez.

          • Harry Hotspur April 3, 2018 at 1:42 pm

            Ah getcha. There is a village outside Liverpool that was very similar, set up by the Colgate family.

        • MysteriousStranger April 3, 2018 at 3:26 pm

          I went and thought it was pretty shite.

          • Harry Hotspur April 3, 2018 at 4:06 pm

            That’s what the rest of the world said. I think’ll swerve it

    • gloster1861 April 3, 2018 at 12:48 pm

      Luv an old map. Cheers.

  • Gus April 3, 2018 at 12:38 pm

    Daniel is going to need more duffel bags

  • Accy April 3, 2018 at 12:37 pm

    For £2200 I’d expect a damn good foot rub and a decent amount of fellatio whilst I watch the match.

    • Harry Hotspur April 3, 2018 at 12:40 pm

      It’s a faking narrow band of punter who wants to spend £63 extra for the privilege of having a pint and a slash away from the proles.

      • Freund or Foe April 3, 2018 at 12:41 pm

        I like a fresh bowl (but can’t find any decent Ally McBeal gifs)

  • Bruxie April 3, 2018 at 12:31 pm

    Noch ein Erste!

    • Aussie in Switzerland April 3, 2018 at 12:50 pm

      Schaffsekel

      • Bruxie April 3, 2018 at 12:58 pm

        Balls.

        • Aussie in Switzerland April 3, 2018 at 3:52 pm

          Sheeps dick