3 minute read
12/1/2023 | 07:40pm
Tottenham Hotspur are yet to release their financial statement for 2022, which will include a message from Daniel Levy – but Alasdair Gold believes the club have already completed the report.
What’s the latest?
Although the north London club did not release their 2021 financial report until November last year, there is growing demand for them to release their statement from last year.
This has seen the Tottenham Hotspur Supporters’ Trust write to the club write to the club in which the board have replied claiming the report will be released in February.
This raises questions about why the club would keep the financial reports back, with Gold claiming in his latest YouTube video that the reports are almost complete.
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Fabio Paratici will release a statement on completion of January’s transfer window. Gold shared what he was told by Hotspur Way about the financial report.
“I’ve been told this from various people inside and around the club, that those, the financial kind of results, whatever you want to call it, statement, have been pretty much all done and dusted for a little while now.”
” I think the item presumably, I would assume the logic is that for selling clubs, not to know how much money Spurs maybe have. That is my reasoning.
“My counter to that would be they’re a Premier League club. Most European sides assume that they’ve got a fair whack of money to spend.”
What’s the hold-up?
It is somewhat odd to see Spurs delay their report until February, leaving their supporters in the dark about big financial updates they have made in the not too distant past.
Only a matter of months ago, Spurs released the statement that ENIC would be putting forward a £150m investment into the north London club.
They did this before the summer transfer window began. All potential selling clubs could see the statement.
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Spurs could assume that other clubs don’t need to know their financial status during the January transfer windows. If this is the case, clubs may not be able to demand more of the players Spurs are interested.
However, this is the case already with their reported interest in Pedro Porro as Sporting CP are seemingly unwilling to budge on anything less than the player’s release clause.
Is there any harm in releasing the reports each month?
Gold pointed out that Tottenham are a big Premier League team who are playing Champions League soccer in a 62,000-seat stadium. This will ensure clubs know they are unlikely be struggling for cash.