‘Irrelevant’ Tottenham This is a world-class club…better than Chelsea-Arsenal-Juventus
Tottenham is one of the richest clubs in the world.
British firm Deloitte on Friday analyzed capital flows in soccer for the 2022-23 season, revealing the 20 clubs that earned the most money in the world.
Real Madrid topped the list. The club earned a whopping €831.4 million ($1,026.4 billion) during the 2022-23 season. Manchester City came in second with €825.9 million ($1.1985 billion). Lee’s club, Paris Saint-Germain (PSG), came in third, followed by Barcelona in fourth and Manchester United in fifth.
Tottenham was eighth on the list, with Bayern Munich sixth and Liverpool seventh. Tottenham earned €631.5 million ($916.4 million) in revenue last season. Tottenham was ranked higher than Chelsea, Arsenal, and Juventus.
What makes Tottenham’s financial performance so remarkable is the huge increase. Spurs increased their revenue by more than €100 million ($145.1 billion) from the 2021-22 season. This is the third-highest increase among the top 10 highest revenue clubs, behind only PSG and Barcelona.
PSG and Barcelona are world-class clubs, so record-breaking revenue increases are possible, but let’s be honest: Tottenham is nowhere near their level of prestige and size. Nevertheless, Tottenham has achieved a miraculous rise.
Tottenham showed an ideal rise, with commercial, broadcast rights and matchday revenue all increasing. Commercial revenue increased by €41 million, broadcast rights revenue increased by €53 million, and matchday revenue increased by €10 million.
As revenue increases, the ratio of revenue to player salaries often naturally increases. This is because the more games a team plays, the more players they need to have on their roster and the more money they need to pay out. However, Tottenham’s revenue-to-payroll ratio dropped 1% to 46% compared to 2021-22.
This shows that Spurs may not be winning, but they are world-class at managing their revenue and expenses.