Tottenham confirm £63.9m loss as Daniel Levy warns of ‘irrecoverable loss of income’ if stadiums remain closed
Tottenham chairman Daniel Levy has robustly backed the return of supporters to Premier League grounds after the club announced losses of £63.9million for the year ending June 30, 2020. The grim loss was a dramatic contrast to the prior 12 months, when Spurs made a profit of £68.6m, as the club felt the dire impact of the Covid-19 pandemic. Spurs’ revenue was down to £402.4m from £460.7m in 2019 and Levy warned that they were facing “an irrecoverable loss of income” in excess of £150m this year, should grounds remain closed to fans.
Read More: https://www.kbcchannel.tv | For More Sports | Visit Our Facebook & Twitter @kbcchanneltv | Making The Invisible, Visible