Tottenham Hotspur are ‘set to announce’ club-record commercial income for the 2021/2022 Premier League season, according to reports.
The Lowdown: Conte seals Champions League qualification…
Spurs boss Antonio Conte secured a top four finish and the riches that go with it as the north Londoners qualified for this season’s Champions League campaign.
This has potentially resulted in a higher off-field turnover through television revenue and ticket sales in a big boost for the club and chairman Daniel Levy.
Some of these funds were used to back Conte in the summer market and reports suggest they could also make moves ahead of the looming January transfer window.
The Latest: Spurs ‘set to announce’ record commercial income…
As per a new claim, it appears Tottenham will drop an exciting off-field announcement for the season prior.
Football Insider say the club are ‘set to announce’ club-record commercial income for the 21/22 campaign as their revenue generated through sponsorship and merchandise sales marginally surpasses ‘£161.5 million’.
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A ‘financial source’ explained that only league champions Man City and Man United are ‘expected’ to join the north Londoners in earning more from commercial income than media rights.
The Verdict: Great news…
The fact Spurs failed to seal CL qualification for that year and instead had to settle for a Conference League place, supporters can probably expect an even higher off-field income for the 22/23 season.
After the years blighted by COVID-19, the Lilywhites’ financial growth accompanied with their state of the art new stadium appears to be taking real effect.
As Tottenham seek to match the level of England’s most elite sides, this can only come as a very promising bit of news.