The BookKeeper: Exploring Tottenham's worsening finances and how much relegation would hurt

Tottenham Hotspur’s season of glum headlines made a new addition to the canon on March 31, even as their supporters enjoyed the respite of an extended three-week break for international football and the FA Cup quarter-finals.The release of Spurs’ financials for 2024-25, a season in which they won the Europa League no less, detailed a club-record £120.6million pre-tax loss. Last season generated the club’s sixth consecutive deficit. Their losses since the turn of the decade total £450m.Advertisement