In The Money: Champions League absence examined as Tottenham set for £56m annual revenue blow
Tottenham are set to face a £56million blow to their annual revenue after missing out on Champions League qualification for the 2023/24 season.
Spurs made their return to the Champions League in 2022/23, but their eighth-placed finish in the Premier League last season has left Ange Postecoglou’s side without European football entirely.
Tottenham reached the round of 16 last season before bowing out to AC Milan, and Tottenham News analysis understands that their run in the competition was worth £56million.
As per official Uefa documents, qualification last season was worth a guaranteed £13.5million, while the three wins and two draws in the group stage pocketed the club a further £9.1million in prize money.
Tottenham also earned an additional £8.3million for qualifying for the knockout stages.
The North London club hosted a total of four European nights at the Tottenham Hotspur Stadium which boosted matchday revenue by around £10million.
Spurs also pocketed a combined £15million from Uefa coefficient payments and market pool fees from UK broadcasting deals.
They sit 19th in Uefa’s coefficient table, which ranks clubs based on their success in Europe over the past 10 years.
Overall, Tottenham’s Champions League campaign earned the club £56million, which is expected to boost the club’s 2022/23 financial accounts significantly.
Tottenham posted overall revenue of £444million in their latest 2021/22 accounts when the club was not competing in Europe, but that figure is expected to reach north of £500million for 2022/23.
However, failure to qualify for any European competition this season means revenue is expected to dip again for the 2023/24 accounts.
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