LONDON (AP) – Premier League leader Tottenham reported annual losses of 63. 9 million pounds ($85. 4 million) due to the coronavirus pandemic and the exclusion of stadium enthusiasts.
“Lately we’ve been going through one of the most difficult moments in history,” Tottenham President Daniel Levy said Monday in pronouncing the monetary effects for the year ended June 30.
In 2018-19, Tottenham benefited from 68. 6 million pounds ($91. 7 million) in its first half-season at its new $1. 2 billion ($1. 6 billion) stadium. Fans can see Jose Mourinho’s team in north London since March.
If restrictions on coronavirus prevent enthusiasts from returning this season, which ends in May, Tottenham is concerned about wasting more than 150 million pounds ($200 million) on revenue. The finalists of the 2019 Champions League did not qualify for this season after 4 years at the festival. elite and lucrative clubs in Europe.
Revenue increased from 460. 7 million pounds ($615. 6 million) to 402. 4 million pounds ($537. 7 million) in 2019-20 as the season ended beyond the end of the fiscal year due to the pandemic. Tottenham’s debt increased 13% to 604. 6 million pounds ($807. 8 million).
Tottenham hopes that the progression of COVID-19 vaccines will accelerate the return of enthusiasts to the stadiums.
“We’ve spent the last few months preparing our stadium, checking our virtual ticketing procedure and recording validation of fan identity,” Levy said. Social estating, exemplary hygiene standards, professional curators, control functions and varied plans, operating in some of the most technologically complex places in the world.
Tottenham has just finished a weekend at the league’s most sensitive stadium for the first time since 2014 after beating Manchester City 2-0 on Saturday.
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