Tottenham Hotspur finances and accounts
Tottenham Hotspur turned over £565m in 2024/25 and paid £256m in staff costs, which is 45.3% of everything the club earned.
Revenue by season
What Tottenham Hotspur turned over in each year we hold accounts for.
Every measure, season by season
Costs are shown as the amount paid. A dash is a measure Tottenham Hotspur does not report on its own.
Staff costs and player amortisation sit inside total operating costs rather than on top of them.
| MEASURE | 2024/25 | 2023/24 | 2022/23 | 2021/22 | 2020/21 | 2019/20 | 2018/19 | 2017/18 | 2016/17 | 2015/16 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | £564,881,000£564.9m | £517,763,000£517.8m | £549,633,000£549.6m | £443,415,000£443.4m | £360,405,000£360.4m | £391,862,000£391.9m | £460,695,000£460.7m | £380,697,000£380.7m | £309,674,000£309.7m | £209,770,000£209.8m |
| Staff costs | £255,811,000£255.8m | £221,929,000£221.9m | £251,121,000£251.1m | £209,180,000£209.2m | £204,875,000£204.9m | £181,280,000£181.3m | £178,602,000£178.6m | £147,606,000£147.6m | £126,915,000£126.9m | £100,042,000£100.0m |
| Social security costs | £31,946,000£31.9m | £25,500,000£25.5m | £31,332,000£31.3m | £26,420,000£26.4m | £24,462,000£24.5m | £21,317,000£21.3m | £21,663,000£21.7m | £17,174,000£17.2m | £14,968,000£15.0m | £11,266,000£11.3m |
| Pension costs | £1,049,000£1.0m | £1,118,000£1.1m | £892,000£892k | £941,000£941k | £624,000£624k | £651,000£651k | £804,000£804k | £228,000£228k | £130,000£130k | £247,000£247k |
| Player amortisation | £141,851,000£141.9m | £136,287,000£136.3m | £109,073,000£109.1m | £79,520,000£79.5m | £73,812,000£73.8m | £75,350,000£75.3m | - | - | - | - |
| Total operating costs | £668,229,000£668.2m | £589,209,000£589.2m | £615,054,000£615.1m | £483,247,000£483.2m | £422,730,000£422.7m | £431,752,000£431.8m | £359,039,000£359.0m | £296,678,000£296.7m | £276,704,000£276.7m | £194,228,000£194.2m |
| Profit on player sales | £52,565,000£52.6m | £82,305,000£82.3m | £15,510,000£15.5m | £19,150,000£19.1m | £18,939,000£18.9m | £15,397,000£15.4m | - | £73,058,000£73.1m | £39,964,000£40.0m | £27,109,000£27.1m |
| Operating result | -£102,963,000£103.0m | -£61,018,000£61.0m | -£65,421,000£65.4m | -£39,832,000£39.8m | -£62,325,000£62.3m | -£39,890,000£39.9m | £101,656,000£101.7m | £84,019,000£84.0m | £32,970,000£33.0m | £15,542,000£15.5m |
| Pre-tax result | -£120,628,000£120.6m | -£26,030,000£26.0m | -£94,674,000£94.7m | -£61,328,000£61.3m | -£80,189,000£80.2m | -£67,724,000£67.7m | £87,356,000£87.4m | £138,909,000£138.9m | £51,687,000£51.7m | £38,450,000£38.5m |
| Wages to revenue | 45.3% | 42.9% | 45.7% | 47.2% | 56.8% | 46.3% | 38.8% | 38.8% | 41% | 47.7% |
What the wage bill covers
Staff costs are the whole payroll and not just the first team: players, coaching staff, the academy and everyone working at the ground. Tottenham Hotspur paid £256m against £565m of revenue, so 45p of every pound went back out as pay.
Premier League revenue
The 15 clubs in the division whose accounts cover the same twelve months. Follow a club for its own finances.
Frequently asked questions
How much revenue do Tottenham Hotspur make?
Tottenham Hotspur turned over £565m in 2024/25.
What is the Tottenham Hotspur wage bill?
Tottenham Hotspur paid £256m in staff costs in 2024/25, which is 45.3% of revenue.
Do Tottenham Hotspur make a profit?
Tottenham Hotspur made a pre-tax loss of £121m in 2024/25.
The accounts behind these figures
Company number 01706358. Every set of accounts read for this page.
- 2024/25 accounts
- 2023/24 accounts
- 2022/23 accounts
- 2021/22 accounts
- 2020/21 accounts
- 2019/20 accounts
- 2018/19 accounts
- 2017/18 accounts
- 2016/17 accounts
Contains public sector information licensed under the Open Government Licence v3.0.