There was a time, not that long ago really, when Tottenham Hotspur were synonymous with frugality, on the pitch at any rate. The criticism of the club, and foremost on their erstwhile chairman Daniel Levy, was that they had money but wouldn’t spend it. Cash-rich. ‘Ambition’-poor. That is a tougher argument to square now. Tottenham are spending big. For some time, the only player they’d ever committed a guaranteed fee in excess of £50 million for was Tanguy Ndombele, who joined from Lyon in 2019. But with these latest recruits, they will have spent over £50m on five separate transfers in a year. Even by the standards of modern English football, Tottenham’s outlay is eyebrow-raising. Inside the first three weeks of the summer window, they have committed a reported £230 million on three signings. Add unreported agent fees and the Premier League’s transfer levy of four per cent on every incoming transfer, and their splurge tops a quarter of a billion pounds. The club’s sing...
The latest Deloitte report on football finance calculates the benefits of promotion to the Football League. 'Coventry City, Ipswich Town and Hull City earned promotion to the Premier League for the 2026/27 season. Following their return to the top-flight after a 25-year absence, Coventry City can expect a revenue uplift of at least £210m across the next three seasons, based on projected increases in matchday, broadcast and commercial revenue. The other club that secured automatic promotion, Ipswich Town, may anticipate a minimum boost of £170m – this figure is comparatively lower as they were in receipt of parachute payments during the 2025/26 season, following their relegation from the Premier League in 2024/25. These figures could rise to £365m and £325m respectively, should both clubs avoid relegation after their first season in the Premier League. Amidst the controversy surrounding this year’s play-offs, Hull City ultimately defeated Middlesbrough in the final at Wembley to...