Tottenham hit by ‘£50million-plus black hole’ as new paperwork emerges

Tue 15 April 2025 12:10, UK

Tottenham and Ange Postecoglou have hinged all of their success on the Europa League.

After their 17th defeat of the season at Wolves on Sunday, all eyes shift to the huge quarter-final second leg at Eintracht Frankfurt, with the tie level at 1-1.

Spurs are rooted in the bottom half of the Premier League, with their only hope of qualification to the Champions League next season in the Europa League.

UEFA black hole emerges at Tottenham

After publishing their latest accounts, Tottenham shared a loss of over £50million from UEFA prize money, with no European football.

Dan Plumley shared that it highlights the difference between Champions League football and nothing, with prize money changing from £56.2m to only £1.3m.

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The football finance expert insists that was the biggest difference in the accounts, and proves clubs need Champions League football to shift the margins.

“It’s the biggest shift, if you look at the breakdown in these accounts of their revenue items,” Plumley exclusively told Tottenham News.

“There’s a bit of movement in a few of them, but the biggest shift in UEFA prize money was £56m in 2023, and it went to £1.3m in 2024, and that’s the direct difference of not participating in Europe.

“The season before they got to the Champions League round of 16, so that is where we talk about that £50m figure for the Champions League is crystal clear there in Spurs’ accounts.

“What we know about the Champions League now, as well, is that the figure will be higher, because they’re into the new model and bigger group stage with more prize money.

“That’s absolutely the biggest difference in this set of accounts, and it goes back to the challenge with Spurs, needing that European qualification that they plan for and ultimately, if you want to stretch the margins in this day and age, it has to be Champions League.”