As they appoint yet another new coach, Tottenham Hotspur’s 2024-25 accounts detail a worst-ever pre-tax loss and a growing need for cash, even amid record revenues. Spurs’ deficit tumbled to £120.6 million ($160 m), a near-£100 m worsening on a season earlier, though the club’s income statement is subject to several quirks not applicable to other Premier League sides. Tottenham Hotspur Stadium (THS) generated a huge £57.6m ($76 m) paper depreciation charge, an accounting concept that writes down the value of fixed assets over a deemed lifespan. At the end of June 2025, the club held just £20.4 m ($26.9 m) in liquid cash, a 10-year low and a reduction of nearly £180 m ($237.8 m) in the last two years. That is just a snapshot in time, and there is reason to doubt the efficacy of holding huge amounts of cash without utilising them, but there are wider signals that Spurs are less self-sustaining than they have been at any other time under ENIC’s quarter-century of ownership, even as th...
Relegation threatened Blackpool have reported increased losses compared with the preceding season: https://www.footballtradedirectory.com/blackpool-report-43m-loss-as-league-one-clubs-face? Auditors have issued a formal warning about the club's ability to continue as a going concern linked to one of the directors facing criminal proceedings in Hong Kong: https://www.lancashiretelegraph.co.uk/news/25985039.blackpool-fc-finances-losses-deepen-owner-trial/