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ENIC

Without delving into the detail I agree.

Liverpool and Arsenal are well within the same orbit as us. And the reason they are important is they have shown they can be successful with those similar resources. (Although Arsenal haven't been successful yet, let's remind ourselves).

So beyond them maybe having a bit more legacy pull than us when chasing players, it is possible to achieve.

One thing I would say, is I know Man U, Liverpool and Arsenal fans that looked at us with envy during Pochs time here (although Liverpool then started to reap the benefits of their Messiah arriving).
And we certainly didn't have more money then, just simply a manager that knew what he was doing.

Agreed with your last point, and this ties into what @Muttley was saying. I also agree that I’d like us to be as successful as possible within this new financial paradigm we have. Unfortunately we’ve made routinely terrible decisions on the football side. Haven’t shown patience with the right people. But Poch showed what was possible during his run.
 
Here's the version for annual revenue

Watch Spurs desperately clinging onto the relegation places, getting relegated, getting promoted, relegated, promoted, clawing our way up.

We start at half of Bayern and a third of MNU, and we claw our way back up towards them, overtaking Cheats.

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@Raziel Operationally the club has been the 2nd most profitable in the Premierleague since we got out of Covid and the stadium was in full use.

The reported losses are primarily accounting losses caused by stadium depreciation and not because the club is losing cash. Depreciation is deductible for accounting purposes and lowers the tax burden on the club as well.

Understood, and will probably answer will a little more detail later .. the two quick points would be, 1/very few really makes money in PL consistently, 2/The issue with us is more (IIRC, when last I looked at the numbers) cash flow, not trying to say the club has any real financial problems (the point was more to the people who think us having PSR margin and being the 9th highest revenue meant the club was sitting on some 400M of cash or whatever)
 
Here's the version for annual revenue

Watch Spurs desperately clinging onto the relegation places, getting relegated, getting promoted, relegated, promoted, clawing our way up.

We start at half of Bayern and a third of MNU, and we claw our way back up towards them, overtaking Cheats.

To view this content we will need your consent to set third party cookies.
For more detailed information, see our cookies page.

That we were in the top 20 and at times in the top 15 with a 36k stadium and a team sitting in mid table and no European football and before the Premiership TV deals globally exploded just proves what a massive club we are to be honest.

Credit does absolutely go to Levy & ENIC for building on that. But they needed the existing fanbase and history of Spurs to build upon in the first place. Had they taken over Charlton Athletic who finished above us in 2001 I am sure they would be in a better place than they are today but there wouldn’t be a 62,000 seat space ship in south London that’s home to a club generating £750M+ this year.
 
That we were in the top 20 and at times in the top 15 with a 36k stadium and a team sitting in mid table and no European football and before the Premiership TV deals globally exploded just proves what a massive club we are to be honest.

Credit does absolutely go to Levy & ENIC for building on that. But they needed the existing fanbase and history of Spurs to build upon in the first place. Had they taken over Charlton Athletic who finished above us in 2001 I am sure they would be in a better place than they are today but there wouldn’t be a 62,000 seat space ship in south London that’s home to a club generating £750M+ this year.

Of course, but TBF there was an abyss from the 100m or Man United and us on 36m a year revenue in like 95/96, in fact it the gap grew further at the 90s went on, to being on equal footing with some absolute historic giants of the game now. Yes it was built on some foundations, but the ground made up is staggering revenue wise.
 
West Ham don't own their stadium.

Below are all of the premier league clubs who have built new stadiums since the turn of the millennium. I have bolded those that didn't take on a stadium sponsor. I suspect we have turned our back on considerably more money than Cardiff have in not taking on a naming partner.

Everton: (2025): Hill D!ckenson stadium
Brentford (2020): The Gtech Community stadium
Tottenham (2019): The Tottenham Hotspur stadium
Cardiff (2009): The Cardiff City Stadium
Brighton (2011): The Amex
Arsenal (2006): Emirates Stadium
Emirates Marketing Project (2003): The Etihad
Coventry (2005): The Ricoh
Swansea (2025): Liberty stadium
Leicester (2002): Walkers stadium
Hull City (2002): The KC Stadium
Southampton (2001): Friends Provident stadium

Not having a shirt sponsor for next season is a far far bigger issues. That's worth at least 5 x the income. Losing AIA is a massive blow
 
Not having a shirt sponsor for next season is a far far bigger issues. That's worth at least 5 x the income. Losing AIA is a massive blow
Not next season it's the season after, expect they will have someone lined up, so far ENIC are experts on commercial revenue even if their trophy record is not that good.

Tottenham Hotspur can today announce an extension to its successful association with AIA Group Limited, who will become the club’s Global Training Partner from July, 2027, through to June, 2032. AIA remains the Club’s Global Principal Partner and front-of-shirt sponsor until the end of the 2026/2027 season.
 
Not having a shirt sponsor for next season is a far far bigger issues. That's worth at least 5 x the income. Losing AIA is a massive blow

We have over a year to find one and despite the lies by Law about losing a sponsor due to performance (he is likely using AIA to goad fans) we will get a sponsor and it will be lucrative because the PL is lucrative. Yes the lack of CL will be harmful but we are still a strong brand despite the hacks scare tactics
 
We have over a year to find one and despite the lies by Law about losing a sponsor due to performance (he is likely using AIA to goad fans) we will get a sponsor and it will be lucrative because the PL is lucrative. Yes the lack of CL will be harmful but we are still a strong brand despite the hacks scare tactics
I think it was more to do with the end of Son's career (appreciating AIA are Chinese not Korean).

I doubt our next deal will be as big as it would have if AIA would have continued. Football is waning a bit domestically and internationally. It will be presented as more, but only because it will be longer term (10 years instead of 3 or 5) and we'll lose loads on inflation in the latter years that way
 
I think it was more to do with the end of Son's career (appreciating AIA are Chinese not Korean).

I doubt our next deal will be as big as it would have if AIA would have continued. Football is waning a bit domestically and internationally. It will be presented as more, but only because it will be longer term (10 years instead of 3 or 5) and we'll lose loads on inflation in the latter years that way
Of course, we know the AIA deal is linked to Son, all sorts of deliverables with it, my point is that the hack story about us losing a sponsor is made up and likely built around AIA leaving which we have known for months.

The new deal likely won't be worth the same, but thats the Son factor not "lack of Comms to fans" as written by Law, but equally I still believe any deal will likely be packaged with the stadium now.

I am still not ruling out it being packaged with a new owner deal
 
Because it’s worth potentially hundreds of millions of pounds. It’s better to have naming rights than not have them.
A lot less than a shirt sponsors deal, sponsors on shirts get seen throughout a match .
Bayern reportedly get around £9 million a year , we could probably better that because as well as Spurs home games there is also worldwide exposure with concerts, NFL , boxing etc so a sponsor would get exposure to a different audience .
 
A lot less than a shirt sponsors deal, sponsors on shirts get seen throughout a match .
Bayern reportedly get around £9 million a year , we could probably better that because as well as Spurs home games there is also worldwide exposure with concerts, NFL , boxing etc so a sponsor would get exposure to a different audience .

More clubs tend to have naming rights for new stadiums than not. I don’t see the benefit in not having naming rights.
 
More clubs tend to have naming rights for new stadiums than not. I don’t see the benefit in not having naming rights.
Back to the Bloomberg interview , at the time Levy said as the stadium had turned out so much better than expected the THS name was getting known worldwide and they "had seen another value" in the name THS and that naming rights were no longer a priority unless the right offer came along. Of course with most of the old guard now gone ENIC may have changed on that view.
 
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