Daniel Levy exposed: Shameful Tottenham numbers revealed by expert
Tottenham Hotspur supporters are experiencing the latest of a brand-new wave of fury towards Daniel Levy following the recent publication of a key financial statistic.
The Deloitte Football Money League report for the 2023-24 financial year has been published (via Stefan Borson on X, 23 January), which shows the percentage of annual revenue which has been committed towards the wage bill.
Tottenham have dedicated £220million to their annual wage bill, just 42 per cent of their total revenue, including a higher commercial revenue than both Arsenal and Chelsea. Levy, as revealed back in April, is the highest-paid administrator in English football.
By contrast, Aston Villa have committed 96 per cent of revenue towards wages; Liverpool 63 per cent, and Arsenal 53 per cent.
Tottenham, suffering a horrendous season in the Premier League, are accumulating the capital to convince top players to come to the Tottenham Hotspur Stadium – but they are leaving plenty of breathing space before paying the elite player wage amounts.
Tottenham could do more to attract top players
You can see in recent years how the Premier League’s leading clubs have grown in ambition, with both transfer fees and player wages.
Of course, the sums involved are astronomical and will only rise as TV deals become more lucrative, but Tottenham appear to be moving at a slower rate than their competitors.
It reads as frustrating for Spurs fans. They have the facilities to do something fantastic, to at least push for several trophies.
But it appears that a consistent conservative approach is being made with player wages in comparison to the rest of the Premier League’s European challengers.
Tottenham remain active in the current winter transfer market but have missed out on top targets, with Antonin Kinsky still the only player signed so far this month.
The inability to offer Champions League football to the calibre of players who would improve Ange Postecoglou’s squad is a hurdle enough, without Levy’s tentative caution towards paying players what the game has dictated they are worth on a weekly basis.
In other Tottenham news, Jamie O’Hara discusses Postecoglou’s job security ahead of the trip to Hoffenheim.
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