Home » “That’s indicative of a club that is set up to do well” Analyst backs Spurs to return to top form in terms of earnings
“That’s indicative of a club that is set up to do well” Analyst backs Spurs to return to top form in terms of earnings
By Bruce Grove -

Financial analyst Kieran Maguire insists Spurs will bounce back from their poor financial performance as reported in their last financial report.

Spurs posted a pre-tax loss of £80.2m in their annual report.

That loss shows how much their revenue has been affected by several factors, one of which was the absence of fans in the stadiums last season.

Spurs’ new home generates a lot of matchday revenue and it could also be used for NFL matches and concerts.

The coronavirus pandemic forced all that to stop, but things are quickly returning to normal.

Maguire reckons the Lilywhites will soon start making good money from their matchday offerings and the club will put their financial woes behind them.

“They do have the NFL and concerts booked for next summer,” he told Football Insider.

“From a financial point of view, they are as well insulated as they could have been given they have spent all that money on the new stadium.

“They have been hit worse because pre-pandemic they had the biggest proportion of their income from matchday in the Premier League.

“On a relative basis, they were hit quite badly. They make big money from catering sales alone, huge compared to other teams in the league.

“That’s indicative of a club that is set up to do well in terms of the matchday experience.

“They are now in a period to bounce back because of the sensible business approach they have employed for a long time.”

The Boy Hotspur Says

Daniel Levy has worked hard to ensure Spurs becomes one of the highest moneymakers in England.

The new stadium is an investment that will continue to bring revenue into the club as Maguire has explained.

We hope the club invest enough of this revenue on the playing staff and build a team that can finally win trophies.

Tags Kieran Maguire NewsNow Tottenham finances
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Len
Len
1 month ago

Spurs and all the clubs lost money, big time. Levy came out said this what we loss so there no inside source that done exists spreading rumors

Billy Tonsils
Billy Tonsils
1 month ago

Come on You Finances
Oh when the dosh comes rolling in

Forbes Rich list.
How about the football..remember that ?.
What does Steve Hitchen do ?

Chris
Chris
1 month ago

Levy’s eyes gonna light up like $ $

i think the correct statement is:

Daniel Levy has worked hard to ensure ENIC becomes one of the highest moneymakers in England.

Archibald&Crooks (SnideChump)
Archibald&Crooks (SnideChump)
1 month ago

Thank you Kieran
I think most posters on here could have worked that out otherwise THFC is well & truly buggered.

Cali
Cali
1 month ago

Are we back to the Stadium syndrome? How long we will continue to keep in talking this Stadium? when we gonna win something in this beautiful stadium any guesses? Egomaniac Baldy give it a rest please football is art of winning not fancy buildings and architecture get in your small brain that ffs.

Sonificent
Sonificent
1 month ago
Reply to  Cali

It’s laughable. When did financial analysts opinion on the success of a football team matter? Only in Levy World. More joke plants in the media to deflect from his utter incompetence.

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