Tottenham Hotspur become London’s WEALTHIEST club hosting NFL matches and concerts of artists including Beyonce

Tottenham benefited from a number of high-profile events other than football, generating revenue.

Tottenham Hotspur become London’s WEALTHIEST club hosting NFL matches and concerts of artists including Beyonce

Tottenham Hotspur earned a massive revenue from their newly built stadium. (Image via NBC4 and DIY Magazine)

Tottenham Hotspur have now become the richest football club in London, as well as the 8th football club in the world, according to recent financial reports by Deloitte. The significant revenue has been attributed to Spurs’ newly-built stadium, which hosts NFL games and music concerts.

The North London side has secured the eighth spot on the list of the world’s richest football clubs, surpassing London counterparts Chelsea and Arsenal. The club generated £549.2 million in revenue last season, owing to the redevelopment of their home stadium as well as their participation in the Champions League last year. In the Deloitte Football Money League, Real Madrid claimed the top position with the highest revenue last season, while Manchester City slipped to second place.

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The Tottenham Hotspur Stadium, opened in 2019 after a three-year, £1 billion redevelopment, replaced the old White Hart Lane. With a capacity of 62,000, it earns over £105 million annually from match-day events and hosts various concerts and sports matches. The club’s revenue growth is largely attributed to effectively utilizing the stadium, which has welcomed artists like Beyonce, Lady Gaga, and Guns N’ Roses since its opening.

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Other than the Spurs, six other Premier League sides occupy the top 20 spots on the list. These include Manchester City (2nd), Manchester United (5th), Liverpool (7th), Chelsea (9th), Arsenal (10th), Newcastle (17th) and West Ham (18th).

Deloitte reveals the ’20’ wealthiest football clubs in the world for the 2022-23 season

London-based financial firm Deloitte revealed the 27th edition of the Football Money League list that featured the top football clubs globally in terms of revenue for the 2022-23 season. The list reported record revenues of £8.9 billion, an increase of 14% compared to the £7.8 billion, attributed to match-day and commercial revenues.

Real Madrid and Man City
Real Madrid and Man City occupied the top two positions on the Deloitte richest clubs list. (Image via CNN and Football London)

La Liga giants returned to the top of the rich list for the first time since 2017-18, with record revenues of £710 million, an increase of £100 million over the last year. Los Blancos overtook last season’s treble winners, Manchester City, who recorded revenues worth £705 million.

Paris Saint-Germain, Barcelona, and Manchester United round out the top five. Bayern Munich and Liverpool hold the 6th and 7th spots, while London-based clubs Tottenham, Chelsea, and Arsenal occupy the 8th, 9th, and 10th positions, respectively.

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