Coronavirus hits Spurs for millions
Club faces losses of more than £150m in 2021 if fans are not allowed back into stadiums
23 November 2020 - 15:23
Bengaluru — Tottenham Hotspur suffered a net loss of £63.9m in the past financial year as the Covid-19 pandemic disrupted schedules and forced games to be played in empty stadiums, the Premier League club says.
Spurs said revenue for the year ended June 30 was £402.4m, down from £460.7m in the previous year. Television and media revenue decreased from £149.9m in 2019 to £95.2m this year as a result of revenue being deferred to the 2020-2021 season for games played after the year’s end. Spurs’ net debt rose from £534.3m to £604.6m...
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