The coronavirus pandemic affected the finances of clubs around Europe in the last two years.
Spurs aren’t exempted, and the Lilywhites lost over £100million in the last two seasons.
Despite that loss and their spending in the last transfer window, Doctor Dan Plumley says the club is still financially healthy.
The financial analyst at the Sheffield Hallam University analysed Spurs’ finances over the last few years and concluded that they still have lots of room to spend money and not fall foul of the Financial Fair Play laws.
“This is rare for Spurs, a couple of losses over the past two years,” he told Football Insider‘
“It was to be expected because of the pandemic. FFP-wise, they are okay.
“We have had two years worth of losses but they’ll get averaged out for the purposes of FFP.
“If you look prior to that, you’ve got profits of £113m and £69m.
“Even when you add in the losses with Covid, you’ve still got an FFP position that is just above £100m positive in terms of the rolling three-year block.
“Even against Uefa’s regulations, there’s still plenty of room to invest. The next big question for them is, how much do they want to spend?“
The Boy Hotspur says
Spurs need to spend money on Antonio Conte’s squad, and it is good to hear that we are still far from breaking FFP rules.
Conte is a serial winner, but the Italian also recognises that he needs to sign top quality players to achieve success.
He spent money in 100s of millions in euros when he was Chelsea’s boss, and he would expect Spurs to also invest in his current squad if they want him to bring success to north London.
Loads of players fail to make Bayerns firsts because of the competition. As for his Swansea season loan the lad was forced in to it. He was young and he didn’t want to be there.. I watched him beat Pochs PSG superstars, he was immense that game. He was instrumental in others… The list of players you provided are all old and spent, so no I don’t think any of those would.. Renato Sanchez would though.
Any information his history with Bayern and Swansea, about winning league do you think Danny drinkwater, Marc Albrighton, Shinji Okazaki, Andrea Kramaric will improve and win something in Spurs they all won the premier League which is far superior and harder than the one pony French league.
How is Renato Sanchez a flop? He’s not world class, but he’s a very good player and would walk in to our firsts… He was instrumental for Lille last year, helping them to win the league beating Botchs superstars against all the odds.
You call it silly I call it reality unless you are part of that spin.Renato Sanchez is another flop there you showed your hand that is the perfect Levy signing, another nobody throwing around his name I say the spin started even before January.
I do not need all of that silly speculation. I ask because I did not know. Not every question post or comment are meant to load up on the club. I am totally aware of the mess we are in. All this fairytale stuff about mass changes in the squad in January is not going to happen money or not. We might be able grab someone because their contract situation is perilous with their club, but the big names rumored are not showing up at N17. That is the reality. None of the guys we need to move have expiring contracts therefore our out going has zero promise to allow for players coming in. The best we can do is to get some loans out the door and lucky to get a player seasoned enough that does not need to bed in and I do not see any in England unless we can get Renato Sanchez the mostly like guy I see out there.
Thanks
https://www2.deloitte.com/uk/en/pages/sports-business-group/articles/annual-review-of-football-finance.html
I asked the interet Len
typed the below into my search engine (duckduckgo com but others are available)
“Where can I find the public financial statement for english premier league”
Deloittes usually publish these sorts of stats
I think you know why that is happening? cause January window is in the corner and the master of the spin started his ways already of outmanoeuvring Conte he is telling him indirectly don’t ask me transfer money when the club made a loss and try and improve the world class players that you have the likes of Dele N’Dombele, Winks Dier and co, and Conte will look like he is an unreasonable manager to ask money when the club is in loss financially so either he puts up or shuts up and in both ways he lost.
Waiting for the numbers on the rest of the clubs. Where can I find the public financial statement. Spurs seems to be the only team making there loss public. I could be wrong.