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Former Manchester City financial adviser Stefan Borson has revealed that there is now a big responsibility on Tottenham’s owners after the club released their latest financial results.

On Monday, Spurs released their financial statement for the year ending June 2025, and it made for some very interesting reading.

Thanks mainly to the club’s Europa League triumph last season, their revenue increased to a record £565.3m, which is a 7 per cent increase from the previous year.

However, Tottenham’s Profit from Operations (EBITDA) decreased to £112.3m, a 22 per cent drop, while the club’s Loss after Tax increased to £94.7m.

Photo by Justin Setterfield/Getty Images

Tottenham’s financials also showed that their net debt as of June 30 of last year was £831.2m, up from £772.5m in 2024.

Stefan Borsen has now explained that the club’s debt is not a pressing issue, given the low interest rate and long-term nature of their borrowings.

However, he pointed out that the club’s accounts do show a clear cash flow problem, explaining that the Lewis family may have to inject more money into Tottenham Hotspur as a result.

Reacting to Spurs’ financial statement, Borsen told Football Insider: “I don’t think the debt itself is going to be the end of the world. It’s...

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