Tottenham Spurs have been in danger of relegation for several matches now, and playing in the Championship next season is a real possibility. The last match, which ended in a 3-1 defeat against Crystal Palace, was another step in that direction. Today, the London team is in sixteenth (16th) place in the table, just two spots away from the relegation zone, and with the Spurs' possible descent, the sponsors and their various sources of income are also at risk.
According to a report by BBC Sport, losing their category would mean a collapse in ticket sales, sponsorships, and sports event organizations, all of which are vital sources of income for the team that would be significantly reduced, putting the club in a tight spot. Such a reduction in revenue could amount to 261 million pounds compared to the 690 million pounds received.
One of the main factors that would influence this loss of revenue would be the consequent loss of sponsorships after being relegated to the Championship. And according to reports from the Telegraph, a major sponsor of the English team has decided to end its association amid the current situation and the possible relegation. Which would deal a crucial economic blow to the London team, which is going through a critical moment since its last relegation in 1977.