Tottenham Seeks Investment After Posting £86.8m Loss

Chairman Daniel Levy announces discussions with potential investors to boost equity and sustain growth.

Tottenham Hotspur reports a record revenue of £549.6 million for the financial year ending June 2023, marking a significant increase from the previous year.
Despite the revenue hike, the club faces £86.8 million in losses, attributed to substantial investments in the playing squad.
Daniel Levy, the club's chairman, is in talks with prospective investors to sell a stake in the club, aiming for a 'significant increase' in its equity base.
Operating expenses, including first-team costs, have surged by 21%, with the club's net debt standing at £677.4 million as of June 2023.
Levy emphasizes the club's commitment to sustainable management, aiming for consistent European participation and top honours through controlled costs and increased revenues.