Why Tottenham are in a strong position after £3 billion announcement
Tottenham Hotspur are in a particularly strong financial footing when compared to their rivals as the Premier League announced a big increase in broadcast revenue.
TV income set to soar for Premier League clubs
With the Premier League entering a new streaming era, the competition is set to make a big leap in its earnings from broadcast rights.
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
TBR Football point out that Tottenham are not as reliant on media income as many of their rivals, with only £208m of the club’s £550m revenue coming from media sources in the 2022-23 season.
That means that only 37.1 per cent of Spurs‘ revenue comes from media rights, with 21.5 per cent of their income coming from matchday earnings while the remaining 41.5 per cent of their income comes from commercial sources.
According to the outlet, Spurs are tied with Liverpool as the club who are the least reliant on media earnings as a proportion of their total revenue.
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.
With the venue holding an increasing number of non-football events each year, there is huge potential for growth in this category, which is why Tottenham will be extremely attractive to potential investors.
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