The remarkable climb up football’s rich list has been attributed to the revenue-generating power of Tottenham’s state-of-the-art stadium.
The Tottenham Hotspur Stadium has catapulted the club to eighth position globally with an impressive £549.2 million in earnings for last season.
The stadium opened in 2019 and has been a lucrative asset, contributing over £105 million annually in matchday income alone.
Beyond football, the venue has successfully diversified its revenue streams by hosting several events including concerts featuring Beyonce, Pink, Lady Gaga and Guns N’ Roses.
The stadium has also hosted NFL and rugby matches. Revenue from these events has boosted Tottenham’s financial standing.
Deloitte’s Sport Business Group director Sam Boor said, “A huge reason for Tottenham’s growth is the club being able to fully leverage and monetise the stadium, both in terms of the matchday income and the commercial activities.”
Chelsea dropped to ninth position on the rich list with a revenue of £512.5m, while Arsenal trailed behind in tenth with earnings amounting to £463.1m.
Chelsea and Arsenal’s absence from the Champions League last season impacted their financial performance.
The Deloitte Football Money League also revealed Real Madrid have dethroned Manchester City as the world’s richest club.
Madrid’s revenue of £710m in the 2022/23 season secured their position at the top, while City settled for second place with a still-impressive revenue of £705.6m.
Their remarkable FA Cup,= Premier League, and Champions League treble success boosted their coffers.
Paris Saint-Germain, Barcelona and Manchester United complete the top five of the global football wealth rankings.
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