Spurs Web

Former Manchester City financial adviser Stefan Borson has revealed that there is now a big responsibility on Tottenham’s owners after the club released their latest financial results.

On Monday, Spurs released their financial statement for the year ending June 2025, and it made for some very interesting reading.

Thanks mainly to the club’s Europa League triumph last season, their revenue increased to a record £565.3m, which is a 7 per cent increase from the previous year.

However, Tottenham’s Profit from Operations (EBITDA) decreased to £112.3m, a 22 per cent drop, while the club’s Loss after Tax increased to £94.7m.

Expert claims Tottenham’s owners need to inject more cash into the club

Tottenham’s financials also showed that their net debt as of June 30 of last year was £831.2m, up from £772.5m in 2024.

Stefan Borsen has now explained that the club’s debt is not a pressing issue, given the low interest rate and long-term nature of their borrowings.

However, he pointed out that the club’s accounts do show a clear cash flow problem, explaining that the Lewis family may have to inject more money into Tottenham Hotspur as a result.

MORE SPURS STORIES

Reacting to Spurs’ financial statement, Borsen told Football Insider: “I don’t think the debt itself is going to be the end of the world. It’s a very well packaged facility in that large chunks of it are long-term, low interest rates. If they have covenants, the covenants are manageable.

“Even if they breach those covenants, it’s still manageable. Nobody’s going to ask them to repay the money anyway, so the debt side of things is under control.

“Now, that’s not to say they don’t have some issues with cash. They will have. There will be less cash in the business and they will have to raise money from the shareholders.

“The shareholders will have to put their hand in their pocket to fund the club over this period. I don’t think there’s any question there. But I assume they’re in a position to be able to do that, so it shouldn’t be too much of a problem.”

Spurs could lose hundreds of millions in the event of relegation

The former Man City advisor made it clear that relegation from the Premier League will have devastating consequences on the North London club’s balance sheet.

Borson suggested that the Lilywhites would be losing hundreds of millions in revenue if they spent a season in the Championship.

When asked how relegation could affect the club’s bottom line, the finance expert responded: “The bigger issue is just a huge loss of revenue. It’s £200-300m, depending on really two main things. We can model out broadcast revenue fairly precisely. Parachute payment plus EFL money is about £55m, going from what it is this season of about £200m if they were to be relegated. They’d lose £145-150m there.

Roberto De Zerbi has been handed plenty of power at Tottenham Hotspur and will have a major say in a big upcoming decision for the club.

De Zerbi has signed a five-year contract with Spurs without a relegation break clause, which caught many people by surprise.

It is clear that both Tottenham and the Italian view this marriage as a long-term project, even though the former Brighton boss has not tended to stick around for long at clubs across his managerial career.

In fact, De Zerbi has guaranteed that he will be in charge of Spurs next season even if the club are relegated from the Premier League.

Roberto De Zerbi will have a say on who the next Tottenham sporting director is

Over the last few days, some outlets have suggested that De Zerbi will have a broad Sir Alex Ferguson-type managerial role at Spurs.

The Tottenham Hotspur boss is set to be a central figure in the club’s football decisions and will have a major say in squad building.

This information has been backed up by GiveMeSport, who say that De Zerbi has been handed plenty of power away from the playing side of things as part of the new project.

MORE SPURS STORIES

In fact, the outlet asserts that the Italian is set to have a say on who the North London club’s next sporting director is going to be.

It has been an open secret over recent weeks that Tottenham have begun work to replace Fabio Paratici, who departed after the January transfer window, with the Lilywhites keen to continue with their dual sporting director model.

Paul Winstanley and Dougie Freedman have been linked with the Tottenham sporting director role, with both having plenty of experience in English football.

Bayern Munich’s honorary president, Uli Hoeness, has set the record straight on Harry Kane’s future amidst dreams of a Tottenham return.

Tottenham added a first refusal option on their former striker when they sold him to Bayern Munich for £86.4m back in 2023, giving the club the right to match any bids that arrive for the forward.

Reports over the last few months have indicated that Spurs are continuing to dream of bringing Kane back to N17 in a fairytale reunion, but that is not likely to happen anytime soon.

This is because the England captain has already decided that he will be staying at Bayern next season, with his €65m (£56.8m) release clause no longer valid this summer.

Bayern Munich president confirms Tottenham legend Harry Kane’s summer plans

Uli Hoeness has now publicly addressed the speculation over the striker’s future, all but ruling out a summer departure for the player.

He made it clear that the 32-year-old’s release clause had now expired, and revealed that the former Tottenham Hotspur man and his family are very happy in Bavaria.

Hoeness told Kicker about Kane’s future: “He didn’t exercise his release clause, which means he’s definitely under contract here until summer 2027.

MORE SPURS STORIES

“What I’m hearing and feeling is that he and his family feel extremely comfortable here. You never know when a Saudi comes along and puts a lot of money on the table… But he feels very much at home.”

Uli Hoeness reveals how much he thinks Kane is worth

The Bayern president made it clear that the striker would not be allowed to leave for a relative discount, despite his age.

Hoeness suggested that Kane can continue performing at the highest level for many more years and hinted that it would take a record transfer fee to prise him away from the Allianz Arena this summer.

When asked how much he thinks the former Spurs man is worth, the Bayern official said: “I’d say Harry Kane is worth €150m (£130m). But then you see Alexander Isak cost €150m to Liverpool…if Isak is worth €150m, then Harry is worth €250m (£218m).

“Harry Kane can play at this level for at least another three or four years, because he’s a perfect professional who takes care of his body. He’s always at rehab and with the physios.”

Tottenham Hotspur have made a witty post on social media thanking a former midfielder of theirs for his service after he decided to hang up his boots.

The Mauricio Pochettino era is still looked back on fondly by Tottenham fans, not only because of the quality of the side and the style of football they played, but also due to the connection that the squad built with the fan base.

That has not been replicated in the seven years since, and Spurs fans will be saddened to see that many stalwarts of that Tottenham side have now called time on their careers.

Tottenham’s Belgian trio, Mousa Dembele, Toby Alderweireld, and Jan Vertonghen, have all hung up their boots, and another player has now followed suit.

Tottenham pay tribute to Victor Wanyama through a funny post

Wanyama was very popular among the Tottenham supporters, with the Kenyan forming a formidable partnership with Mousa Dembele in the middle of the park in his heyday.

The midfielder spent four years at Spurs after arriving from Southampton in 2016, making 97 appearances for the club, scoring seven goals.

Following a spell at Major League Soccer side Montreol FC and a brief stint at Scottish second-tier side Dunfermline Athletic, Wanyama has now decided to call time on his career.

MORE SPURS STORIES

Referencing the former Spurs man’s infamous tweet about spaghetti, Tottenham wrote on X: We had Victor Wanyama, and he was nice, we enjoyed it. Wishing you all the very best in your retirement, Victor. Thanks for the memories.”

Wanyama could have been a Spurs legend if not for his injuries

Waynama was undoubtedly world-class in his first season at White Hart Lane, and there were not too many better midfield pairings in world football at the time than he and Dembele.

However, the Kenyan failed to even reach the same heights after that season, with injuries taking a major toll on him.

Were he not blighted by those problems, or if Tottenham had signed him two or three years earlier, he may well have become a bona fide legend at the club.

Mauricio Pochettino has lost yet another chance for a reunion with Tottenham Hotspur after the club decided to appoint Roberto De Zerbi.

Many Tottenham fans were clamouring for Pochettino’s return, as the former Spurs boss continues to be adored by the club’s supporters, nearly seven years on from his exit.

In fact, reports continued to suggest that Pochettino was the Tottenham hierarchy’s top managerial target for the summer.

However, Spurs have instead decided to bet big on Roberto De Zerbi, who has been handed a five-year contract in North London and is set to kickstart a long-term project.

Mauricio Pochettino is gutted that a Tottenham return is no longer an option

GiveMeSport have now revealed that Pochettino and De Zerbi would have been Tottenham’s two top targets if the club were making a new appointment in the summer.

However, the Spurs decided to make a permanent appointment immediately due to the precarious position they found themselves in after Igor Tudor’s inability to get a tune out of the squad.

Pochettino was not an option for Tottenham right now since his contract with the USA runs until the end of the World Cup.

MORE SPURS STORIES

The report claims that privately, the Argentine is ‘gutted’ that Spurs subbed him and decided to give the job to De Zerbi instead.

Who was Spurs’ preferred choice between De Zerbi and Pochettino?

GiveMeSport make it clear that De Zerbi had actually overtaken Pochettino as Tottenham’s top managerial target.

In fact, it is revealed that this is the third time that Spurs have tried to appoint the Italian, checking on his availability last summer and again after the sacking of Thomas Frank.

A player that Tottenham Hotspur fans were hoping to see return to action over the next few weeks may not feature again this season, if one report is to be believed.

While Tottenham still have several key men out injured, the club’s injury situation has improved recently.

Destiny Udogie and Lucas Bergvall both returned to action against Nottingham Forest, while Joao Palhinha was also fit enough to make the matchday squad.

Reports have indicated that Mohammed Kudus, Rodrigo Bentancur, Yves Bissouma and Ben Davies are now closing in on a return, but there has now been a concerning update regarding one of those senior men.

Tottenham midfielder Rodrigo Bentancur could be out of the World Cup

A report in ESPN Deportes speculates on Uruguay’s final squad for the World Cup and has made a concerning revelation about Rodrigo Bentancur.

The report says that the Tottenham Hotspur man is one of five midfielders whose status in the squad is assured under Marcelo Bielsa.

However, the outlet points out that Bentancur is out of action due to an injury and states that he is ‘doubtful for the World Cup’.

MORE SPURS STORIES

If this report is right in suggesting that the 28-year-old is not guaranteed to be fit for this summer’s tournament, that suggests that he is unlikely to play for Tottenham again this season.

Marcelo Bielsa has referenced Bentancur’s injury

The South American nation was held to two draws by England and Algeria during the international break, and their head coach spoke about the players who are out injured.

Beilsa touched on Bentancur’s situation but did not provide any information on when the Tottenham man is expected to return.

The Uruguay boss said: “Those mentioned, like Ronald Araujo, Rodrigo Bentancur, Nicolás De la Cruz, and Darwin Núñez, are players who have faced different situations. Bentancur suffered a long-term injury and is currently recovering.

“Darwin hasn’t played competitively for some time, and De la Cruz is a player who was crucial during Uruguay’s best period and is now trying to find his form and become a starter for Flamengo, which is what we want. Plans always have nuances that arise from reality.”

Alasdair Gold reveals whether the Tottenham leadership considered the idea of bringing Ange Postecoglou to the club after parting ways with Igor Tudor.

The Tudor experiment blew up in Tottenham’s faces, with the Croat lasting just 43 days in the job and picking up just one point in his five Premier League games in charge of the club.

Spurs have turned to Roberto De Zerbi not just to save them from relegation but also to get the club back up to where they belong, with the Italian coaching comitting himself to Tottenham for the long term.

De Zerbi has already made it clear that he favours possession-based, attacking football, and his arrival represents another reset for the club following Thomas Frank’s more pragmatic approach.

Tottenham did briefly consider bringing Ange Postecoglou back

Posteocoglou refused to discuss the possibility of returning to Tottenham when the question was put to him last month.

The Australian was sacked by the North London club last summer despite delivering the Europa League title, and it has now been revealed by Alasdair Gold that the Spurs hierarchy did very briefly consider bringing Postecoglou back.

MORE SPURS STORIES

Speaking on his YouTube channel, Gold said: “I am told that they very briefly did consider a short-term return for Ange Postecoglou. When I talk briefly, I mean literally like ‘Yeah, no’. You know that really shouldn’t be made into anything more than that.”

Can De Zerbi get a reaction out of the Spurs squad?

According to reports, the Tottenham squad are excited about De Zerbi’s arrival and are looking forward to working with the former Brighton boss.

The Italian has made it clear that he is already well-versed with the Spurs squad, having watched the side play a lot of late.

The club’s leadership will be hoping that, unlike Tudor, De Zerbi can get an instant reaction from the squad and instil them with some confidence.

Tottenham Hotspur have been handed a timely lift on the injury front, but Mohammed Kudus seemingly remains absent.

The Roberto De Zerbi era is now in full swing for Tottenham Hotspur following his appointment earlier this week after parting ways with Igor Tudor.

The former Brighton manager is now tasked with helping Spurs beat the drop this season, given how close they are to the bottom three, with just one point the difference between themselves and 18th-placed West Ham United.

De Zerbi will be hoping he can get off to a winning start when he takes his side to face Sunderland at the Stadium of Light next weekend.

Tottenham boost as Mathys Tel returns to training ahead of Sunderland fixture

Spurs have not been in action for close to a month, given the international break and the return of the FA Cup this weekend, a competition they have since crashed out of.

That has afforded De Zerbi time to work with this group of players before their next league game on April 12. We expect that at least five players could return from injury before that encounter, and recent training footage has now confirmed the return of one star.

Mathys Tel was seen in training at Hotspur Way during what was De Zerbi’s first session. The young Frenchman picked up a knock in Spurs’ 3-0 defeat at the hands of Nottingham Forest last time out.

MORE SPURS STORIES

His return to training is undoubtedly a big boost for De Zerbi, who is currently short on left-wing options given Tottenham’s injury crisis.

Spurs injury concerns remain: Where is Mohammed Kudus?

While Tel was spotted in training, several other stars on the sidelines were not seen. There was no sign of Yves Bissouma, Ben Davies, Rodrigo Bentancur or even Mohammed Kudus.

Igor Tudor had revealed that Kudus was set for a return after the latest international break, but footage from training does not show the Tottenham forward.

However, that does not rule the Ghanaian’s return out, nor does it mean he has faced any setback. Fans will have to wait for further updates from new head coach De Zerbi.

Jermain Defoe has referenced his coaching journey at Tottenham as the Spurs legend embarks on his first stint as a head coach.

Defoe became a club legend at White Hart Lane, being one of the most dangerous strikers in the Premier League at his pomp.

The 43-year-old, who has always been very popular among the Tottenham faithful, served as an academy coach for two years at Hotspur Way after hanging up his boots.

The Spurs icon will now get his first taste of the top job, and there is no doubt that Tottenham fans will be watching closely.

Jermain Defoe admits Tottenham academy stint will aid him in head coach role

Earlier this week, Defoe was announced as the head coach of Woking FC, who play in the National League, the fifth tier of English football.

The former England man admitted that the head coach role has been a long time coming, making it clear that he is ready to tackle the challenge after gaining some coaching experience at Spurs and Rangers.

Looking ahead to his time at Woking FC, Defoe told BBC Sport: “It’s been a long time coming. It was always the plan at the back end of my career when I knew I wanted to go into coaching and luckily enough that transition was quite smooth.

MORE SPURS STORIES

“I left Rangers, I went straight into Tottenham and did two years in the academy. I was exposed at Rangers a little bit with a player-coach role in my last year.

“When you look at the infrastructure, it’s somewhere where I hope players will want to come and play. The talks have gone on for a while, and I just want to get going.”

Defoe eyes immediate promotion at start of managerial stint

One would expect the Tottenham decision-makers to have a close eye on how Defoe gets on at Woking FC, and he has an immediate chance to do something special.

His new side sits 10th in the table, 11 points off a playoff spot, with six games to go, and the Spurs legend is hopeful playoffs are within reach.

When asked if promotion is his aim at Woking, their new boss said: “I don’t want to sit here and say, right, we need to achieve this, we need to achieve that. We’re ambitious people. I want to do well.

“The main objective is, of course, to get promoted with the players we’ve got, some top players. The games that I’ve watched, I’ve been really impressed. You have to be confident. I think you always have to back yourself, whether you’re a player or a manager or a coach.”

Tottenham Hotspur have now been offered the chance to sign right-back Denzel Dumfries, but are set to face stiff competition from sides in the Premier League and Saudi Arabia.

Signing youngsters and offering them a pathway into the first team is very common in modern football.

In fact, for Tottenham Hotspur, it has worked to an extent, with the likes of Lucas Bergvall and Archie Gray producing standout performances since their arrival in north London.

Bergvall was Spurs’ player of the season last term, while Gray is currently the standout performer for Tottenham this season.

However, for all the youth, there is still a need to strike the right balance in the squad, with a level of know-how also required.

Tottenham Denzel Dumfries transfer opportunity emerges

Spurs are now being offered the opportunity to sign a player with considerable experience this summer window.

That is according to TeamTalk, who report that Inter Milan full-back Denzel Dumfries has been offered to Tottenham ahead of the next transfer window.

MORE SPURS STORIES

The 29-year-old full-back is available due to a modest release clause in his contract worth around £21 million, a figure that has alerted clubs across Europe.

However, while Tottenham have been offered the opportunity to sign the right-back, they are far from the only ones in the race.

Spurs face competition for Denzel Dumfries signature

Liverpool are said to have started discussions over a potential move with Dumfries, as they look to lure the full-back away from Italy.

However, Inter Milan does not want to lose their right-back and is now looking to enter negotiations with the Dutchman to remove the clause in his current contract.

Meanwhile, just like Spurs, Manchester City, Manchester United, Chelsea and Newcastle United have also been approached, as the race for the full-back heats up.

Outside of England, there remains interest, with Saudi Arabian clubs also keen on securing the signature of Dumfries.

With competition fierce, the full-back remains open, with the coming weeks expected to be decisive for all clubs involved.