Tottenham’s Financial Results from 2015 Compared to 2014
The 2015-16 Premier League is nearing the end but Tottenham Hotspur have just published their financial results from the 2014-15 fiscal year and have compared it to their 2013-14 year.
Tottenham’s fiscal year, where they have received financial statements for the revenue that they earned, ended on June 30, 2015. So it’s almost been a full year now, with almost three months to go until the 2015-16 fiscal year will be complete.
Now, it’s to be assumed, that if June 30, 2015 is when the 2014-15 fiscal year ended, then when Spurs are comparing it to their 2013-14 numbers, the 2013-14 year started after June 30, 2014 (it’s not actually confirmed on Tottenham’s official website, as it’s an assumption only, but it would make sense).
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From the linked article above, Tottenham put all of their information in bullet points (not exactly, but it’s set up that way) so there is some back and forth with the revenue that the club received.
Therefore there will be some clean up to make it a bit more streamlined.
Here now are some financial highlights that Tottenham have made from their 2014-15 fiscal year compared to their 2013-14 numbers.
As a quick remainder, due to a better season overall in Mauricio Pochettino’s first year as Tottenham’s manager — compared to Tim Sherwood’s final year as coach — the financial numbers have mostly increased in all categories. Which shouldn’t be a surprise.
Financial Highlights:
- Entire 2015 revenue: £196.4 million (an increase of 9%) | Entire 2014 revenue: £180.5 million
- Domestic cup competition revenues earned: £4.4 million after reaching the League Cup final | 2014: £3.2 million after reaching the quarter-finals of the League Cup
- Television and media revenues earned: £90.5 million after finishing 5th in the Premier League | 2014: £89.5 million after finishing 6th in the Premiership
- Sponsorship and corporate hospitality: £48.9 million | 2014: £37.3 million
- Merchandising revenue: £12.3 million (an increase of 12%) | 2014: £11 million
- Premier League gate receipts: £22.3 million | 2014: £22.4 million
- White Hart Lane continued to sell out all of their Premier League home games, further underlining the need for an increased stadium capacity (45,000 fans during the 2014-15 fiscal year is now over 50,000)
- Gate receipts and prize money after reaching the round of 32 of the Europa League: £7.1 million | 2014: £9.2 million after reaching the round of 16
- Profit from operations excluding football trading and before restructuring and depreciation: £46.7 million | 2014: £36 million
- Profit for the year after interest and tax: £9.4 million | 2014: £65.3 million
- Tottenham’s net debt at the end of the year: £20.8 million | 2014: £3.2 million
- Net assets: £183 million | 2014: £183.7 million
With the numbers above it points to a positive outlook for Tottenham with Mauricio Pochettino as the manager and leading the team to success, two years running.
The Argentine’s first year with the north London club saw Spurs reach the Capital One Cup final against London rivals, Chelsea, and although Tottenham would go on to lose the game 2-0 in what ended up being a rematch of the 2008 League Cup final where Tottenham won 2-1 after extra time.
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It was still a sign of great things to come that Spurs, under the guidance of Pochettino could achieve some success in other competitions along with the Premier League.
And while Tottenham couldn’t repeat the same feat this year with an early exit at the hands of bitter rivals, Arsenal, in the third round at White Hart Lane in a 2-1 defeat.
Tottenham managed to reach the fifth round of the FA Cup (before losing to Crystal Palace at home) and the round of 16 in the Europa League (losing to Borussia Dortmund in both legs). So there was some trade-off in these three competitions with the biggest change of course being second in the Premier League.
Again, the outlook for this young Tottenham team is bright and it should only continue to get brighter with more success. There’s a chance for some silverware in the next few years if Spurs can get some more breaks going their way with cup draws and not many — or no — injuries once again.
Even Tottenham’s chairman, Daniel Levy, is excited for the future of Spurs that he had this to say following an overall improvement in their 2014-15 fiscal year after comparing it to their 2013-14 numbers.
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“This financial period saw a consolidation of the squad and substantial progress on capital projects,” Daniel Levy said.
“Mauricio and his coaching staff have created a great team spirit in a stable squad that encompasses both experience and youth. The results speak for themselves.”
“We are continuing with an ambitious growth strategy. Our player development, on-pitch performances, enhancements to our highly rated Training Centre and commencement of the new stadium scheme which will also host NFL [games], signify an exciting future for the Club.”