Daniel Levy defends Tottenham spending after revenues decrease
Briefly

In the financial year ending June 2024, Tottenham Hotspur reported a revenue drop of £21.4 million after failing to qualify for Champions League football. Although this decline resulted in an overall loss of £26.2 million, a rise in TV and commercial incomes partially offset the decrease. Chairman Daniel Levy stressed the importance of winning the Europa League for both revenue and prestige. He defended the club's financial decisions, claiming that not overspending is critical to maintaining long-term stability despite calls from fans for higher investment in player acquisitions.
"As we announce our financial results for the year to 30 June 2024, we currently find ourselves in 14th position in the Premier League, navigating what has been a highly challenging season on the pitch."
"Winning this competition would see welcome silverware and mean qualification for the Champions League. We must do everything we can to support the team in these final key stages."
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