Tottenham Hotspur are in a particularly good financial footing when compared to their rivals as the Premier League announced a large rise in broadcast revenue.
TV income set to soar for Premier League clubs
The Premier League is expected to see a significant increase in its revenue from broadcast rights as it enters a new era of streaming.
The Premier League revealed after its quarterly shareholder meeting last week that its TV rights will rise by 17 per cent to £12.25bn over the next cycle (The Guardian). That means that all the clubs, including Spurs, are set to see their income from media rights go up substantially.
Tottenham are in a uniquely strong position
Only £208 million of Tottenham’s £550 million in revenue in the 2022–2023 season came from media sources, according to TBR Football, making the team less dependent on media money than many of its rivals.
This indicates that broadcast rights only account for 37.1% of Spurs’ revenue, with matchday profits accounting for 21.5% and commercial sources for the remaining 41.5%.
As a percentage of their overall revenue, the site claims that Spurs and Liverpool are tied for the least reliant club on media earnings.
Matchday income is the real game-changer for Spurs
The media income will be roughly the same for all sides, although there would be differences based on European qualification. On the commercial side, there is room for Tottenham to improve but the Lilywhites are likely not in a position to compete with the likes of Man Utd and Liverpool, who have a bigger global appeal. However, where Spurs stand above the rest is in terms of matchday income, with the Tottenham Hotspur Stadium being a huge cash cow for the club given the income it generates.
Tottenham will be very appealing to possible investors because of the enormous growth potential in this area, which is fuelled by the venue’s growing annual number of non-football events.
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