As if topping Arsenal on the pitch isn’t satisfying enough, a fresh report released by KPMG shows Tottenham also has a higher financial valuation than their bitter rivals.
With an investment company running the club, I guess nobody should be surprised. Tottenham are the ninth most valuable club in the world, with the Gunners coming in at 11th place. Spurs are getting used to bettering their north London rivals, both on and off the field.
Tottenham have finished above Arsenal in the standings five seasons running. Tottenham’s capitulation in the 2015-2016 season — after the heartbreak of not being able to catch eventual champions Leicester City — is the only reason the Gunners pipped Mauricio Pochettino’s side at the finish line. They topped Spurs by a single point after a disappointing last-day 5-1 defeat to Newcastle.
Since then, Spurs have been utterly dominant, proving with each successive year that north London is white.
Back to the financial success of Spurs. Football.london comprehensively delves into KPMG’s latest report, but suffice to say, Daniel Levy will take great pride in Tottenham’s rise to financial prominence. It’s his only true legacy thus far at the club he’s ran so shrewdly over the years.
Spurs are worth £1.54 billion, about £240 million more than the Gunners’ net valuation. It’s always a joyous occasion when Spurs get another one over on their bitter rivals. Most — if not all — of us would trade in a heartbeat the club’s financial prosperity for just one major honour.
Hopefully with time, patience and a concrete long-term strategy — something that has been missing since Mauricio Pochettino’s dismissal almost two years ago — that money will manifest into on-field glory.
I won’t go dive into the specificities of Chelsea’s valuation, as they managed to stay ahead of Spurs financially as well as on the pitch. The West Londoners are currently the seventh most valuable club.
For now let’s concentrate on the positives and the fact that Tottenham got the better of Arsenal both on and off the pitch, scoring a clean sweep over their loathed arch nemesis.