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We cannot spend what we do not have, says Levy
The Guardian
|April 01, 2025
The Tottenham chair, Daniel Levy, has defended the club's spending in advance of a planned protest by supporters at Sunday's meeting with Southampton.
Spurs announced their financial results for the year to 30 June 2024 yesterday, with losses falling from £86.8m to £26.2m despite a 4% decrease in revenue to £528.2m. Match-day income fell from £117.6m to £105.8m owing to Tottenham not being in Europe last season and Levy referenced the "highly challenging season" under Ange Postecoglou this term.
That, and frustration over spending by the owner, Enic, has increased discontent among supporters, with another protest planned by the fan group Change for Tottenham.
Levy pointed out they had spent more than £700m net on players since opening their stadium in 2019 and called on supporters to get behind the team when they face Eintracht Frankfurt in the quarter-finals of the Europa League next Thursday.
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