Experts believe Tottenham Hotspur’s Wealth exceeds Manchester City

DBasia.news – Tottenham Hotspur has had difficulty reaching the trophy since they last won it in 2008. But when talking about the club’s management from the financial side, The Lilywhites is said to be one of the clubs that is good at managing it.

Quoted from the Mirror, football finance experts at the University of Liverpool Management School provided an assessment of the value of Tottenham’s wealth that exceeds the wealthy club owned by the Middle East consortium, Manchester City.

Tottenham’s value jumped dramatically due to the success of entering the Champions League zone four seasons in a row, plus last season reaching the Champions League final for the first time in club history.

Added by the football finance expert, salary restrictions on the low range and improved performance on the pitch also increased the value of Tottenham. Much of the improved performance was due to the Mauricio Pochettino era before Jose Mourinho coached the team.

In addition, the existence of a new Tottenham Hotspur Stadium for one billion euros also significantly increased revenue. That was said by Kieran Maguire, part of the University Center for Sports Business Group.

“Spurs are at the top of the assessment table because in 2018-19 they performed in the Champions League final and the top four in the Premier League with a salary budget that is 100-150 million pounds lower than the remaining ‘six big teams’,” explained Maguire.

“Therefore they produce more profit, and this is reflected in the final assessment figures.”

Under Tottenham in the highest wealth list are Man City, Manchester United, Liverpool, Arsenal, Chelsea and Wolverhampton Wanderers.

In the 2018-29 season Tottenham’s income increased 21 percent to reach 461 million pounds. Only 39 percent of the total income is taken to pay players. Compared with Leicester City, who issued as much as 84 percent.

In addition to the income from the above factors, Daniel Levy’s cold hand – the club owner – in managing the club also deserves appreciation. Especially by selling players at high prices in the player transfer market.

Even so in the midst of this corona virus pandemic, Tottenham will also feel the impact from the financial side as well as other Premier League clubs.

“Club values ​​will be hit hard. There are fewer potential buyers in the transfer market and greater uncertainty in terms of the club’s ability to generate revenue,” Maguire added.

“We have seen the stock prices of clubs with shares quoted on the stock exchange, such as Manchester United and Juventus, down by 20-30 percent since the beginning of the year.”

“This may be greater for smaller clubs that do not have the marketing and reputation strength of famous brands,” concluded Maguire.