Tottenham Hotspur are staying in the Premier League for another season after beating Everton to secure their top-flight status at the expense of West Ham United
Tottenham Hotspur have avoided their revenues dropping by as much as £270million after staying in the Premier League for another season.
Spurs beat Everton at Tottenham Hotspur Stadium to secure safety on the final day of the season after a goal late in the first half from Joao Palhinha. That win means Tottenham finish 17th for a second consecutive year, with West Ham United relegated at their expense despite their 3-0 victory over Leeds United.
Two points separated the two clubs. Spurs' far superior goal difference (-9 vs -19) would have given Tottenham the edge if they were level on points.
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The Times reported on Saturday that data firm Ampere Sports believed the club's revenues could drop by £270 million in the event of relegation. They estimated that income from sponsorship and TV rights would roughly halve, from a combined £283million in the 2024/25 season to £143million next term.
The publication quoted media and sports analyst Francois Godard. They said relegation is "like a government contractor losing a big deal to build a motorway or a high-speed rail line."
Spurs are already losing £35million from last season due to not qualifying for UEFA competition. West Ham, in comparison, were not in Europe.
Tottenham increased their total revenue and other income to £565.3m in last season's financial accounts. They noted that it was down to their "Europa League success alongside strong commercial performance across sponsorship, merchandising and stadium events".
The club acknowledged the "domestic on-pitch under-performance" of their team "had a direct impact on TV and media revenues". That under-performance continued into the current reporting period, so it will still impact this season's figures.
There is, though, a chance to reverse their fortunes financially next season after avoiding relegation. Being a second-tier club would have automatically ended any potential to increase their revenues.
Without the Champions League income, which will benefit this season's accounts, improving their league position significantly over the past two campaigns would help offset that. Tottenham chief executive Vinai Venkatesham spoke about the need to grow revenues after Daniel Levy's departure.
He said in an interview with the club: "Like all other 20 Premier League clubs, we also need to make sure that we're cognisant and aware of the financial fair play rules, and that means we need to continue to grow our revenues, we need to continue to develop players, both from the academy and young players that we buy.
"We need to make sure that we're selling players at the right time, and we also need to make sure that every time we're recruiting a player, we're making smart decisions, both from a sporting perspective and a financial perspective. If you don't do that, because of how the financial regulations work, you can find yourself in a position where you've got money to spend, but the regulations don't allow you to spend it.
"So, I guess to summarise, absolutely, there's financial backing against the ambition we have, and like every other club in the Premier League, we need to do that in line with the financial fair play rules."