Tottenham’s president Daniel Levy is under pressure from fans to splash the cash. But he’s playing it smart. The team’s financial report shows a loss of around 30 million euros. That’s a lot better than last year’s 100 million euro loss.
Fans are fed up with the team’s performance. They’re 14th in the Premier League and their only shot at a trophy is the UEFA Europa League. Levy says the team can’t spend money it doesn’t have. He wants to make smart buys that won’t hurt the team’s finances.
Levy points out that the team has spent over 700 million euros on players since their new stadium opened in 2019. He thinks that’s enough. The team’s debt has gone up to over 900 million euros, but they say it won’t stop them from buying new players.
Here’s what Levy had to say:
- We can’t spend money we don’t have.
- We need to make smart buys that fit our budget.
- We’ve spent a lot on players already.
The team’s finances are a bit of a mess. They got more money from TV rights, but less from the UEFA. They also sold fewer tickets because they played fewer games.
Levy’s message is clear: the team needs to be smart about its spending. They can’t just throw money around and hope for the best. They need to make smart buys that will help them win games and bring in more money.
The team’s fans are still waiting to see what happens next. Will they spend big or play it safe? Only time will tell.