Tottenham Hotspur ranked as Premier League’s Most Valuable Club
By Space Coast Daily // May 20, 2020
In a surprisingly turn, a recent study has found that English Premier League team Tottenham Hotspur are the league’s Most Valuable Football Club. Although struggling this season to replicate previous heights, Spurs were valued at a jaw-dropping £2.567 billion.
The study has surprised many in football circles due to the Premier League currently being dominated by mega-rich Manchester City and business-savvy Liverpool.
Premier League supporters are anticipating the return of the league and the upcoming fixtures between Tottenham Hotspur and their fiercest rivals. The latest promotional code gives fans a bet bonus to use when they wager on the next round of Premier League matches.
Tottenham Hotspur reached the Champions League final last season, losing to Liverpool 2-0. Still, the club has been valued as the Premier League’s top club thanks to a multitude of financial aspects. Although Spurs sit in eighth-place currently, 41 points off of first-placed Liverpool, the north London club are getting it right off the pitch.
Premier League Value
The study of the Premier League’s Most Valuable Clubs was conducted by the University of Liverpool Management School’s Kieran Maguire. An expert of football finances, Maguire found that Spurs made incredible financial strides on their league competitors due to a highly structured, low wage system. In addition, Spurs’ new stadium in north London has become a financial boon for the club.
Now, Tottenham Hotspur could use their financial might to increase the playing squad in the offseason. Spurs still have a chance to qualify for Europe next term but Jose Mourinho’s team must win their remaining matches.
Reigning Premier League winners Manchester City came second in the Premier League Most Valuable Clubs list at £2.2bn. The top five included:
• Tottenham Hotspur £2.6bn
• Manchester City £2.2bn
• Manchester United £2.1bn
• Liverpool £1.6bn
• Arsenal £1.4bn
Interestingly, Premier League leaders and 2019 Champions League winners, Liverpool, are a full £1bn behind Tottenham Hotspur in the Premier League Most Valuable Clubs list.
Tottenham Hotspur’s Wage Structure
Tottenham Hotspur have long had restrictive, well-defined wage system. The club have been criticised by fans and the media for years due to a lack of paying big wages to attract the type of players Manchester United, Chelsea, and Manchester City have signed.
The wage structure at Spurs has also led to speculation that top stars such as Harry Kane and Dele Alli could leave for other teams and bigger wages.
Kane is Tottenham’s highest-paid player earning £200,000-per-week. He is the Premier League’s third-highest paid striker. Seven other players are paid more for their services including the league’s highest-paid player David De Gea, who earns £375,000-per-week.
Kane’s salary is equivalent to teammate Tanguy Ndombele, who joined the club last summer, and is expected to leave in the coming offseason.
Although Tottenham Hotspur are valued at £2.6bn, it doesn’t mean the club will suddenly plunder the transfer market signing high-priced stars. Spurs are likely to continue along the same course they have followed.
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