Daniel Levy masterclass detailed as Tottenham lead the way in London amid £106.4m update
Daniel Levy isn’t the most popular man in Tottenham at the best of times, but his stock among Spurs supporters will have certainly gone up after recent analysis by Deloitte.
Spurs don’t always lead the way in London on the pitch, currently sitting three points behind North London rivals Arsenal in the Premier League.
On the other hand, it is difficult to dispute that Levy is still contributing to the team’s positive progress off the field, which may soon pay off greatly.
This is particularly clear in light of the release of the most recent Deloitte Football Money League edition.
The revenue for the top 20 Money League clubs increased by 14% to a record £8.97 billion, according to the 27th edition of the annual profile of the best revenue-generating clubs in world football.
Spurs’ revenue increased in step with these upward trends as commercial (£3.76 billion) and matchday (£1.62 billion) revenues reached all-time highs.
Spurs, who placed ninth in the previous season, moved up to eighth this time around. They would have been especially happy to do so as they traded places with Chelsea, their London rivals, and now lead the way in the capital with Arsenal in tenth place and West Ham in eighteen.
From £442.8 million in the 2021/22 season to £549.2 million in the following year, Tottenham’s revenue increased by £106.4 million, or 21%, in the 2022–2023 season.
The club’s finances have significantly improved since moving to the Tottenham Hotspur Stadium, where Spurs now bring in more money on matchdays and from commercials than Chelsea and Arsenal combined.
While this is of course all good news for Tottenham, fans of the club will now want to see this financial success translate to success on the pitch.
They are currently the wealthiest club in London, and that distinction carries a responsibility to support with successful football seasons.
Although Levy’s practical approach has frequently angered supporters, Tottenham will ultimately profit from the chairman’s plan.
Tottenham might be in for a very exciting few years when they start spending all of the money they are now making if fans are patient and Levy makes the right decisions.
In other Tottenham news, if one Spurs star decides to leave the team this month, Levy will demand “top-dollar.”
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