De­spite brave ef­fort Spurs still find them­selves be­hind Arse­nal fi­nan­cially

The Star (Kenya) - - Sports International Football - BY NICK HAR­RIS AND ALEX MILLER /

Tot­ten­ham in­fa­mously haven’t fin­ished above Arse­nal in the league for 21 years, since they were sev­enth in the 1994-95 sea­son and Arse­nal were 12th. They have trailed their north Lon­don ri­vals in a fi­nan­cial sense for longer still - and will not quickly bridge that huge di­vide.

On a pos­i­tive note, Tot­ten­ham have been per­form­ing not far off Arse­nal’s on­pitch stan­dards in re­cent sea­sons de­spite hav­ing a wage bill of around half, or £99m (Sh12.59bn) to £195m (Sh24.81bn) in the most re­cent cam­paigns for which data is avail­able.

But Spurs have a way to go to catch the Gun­ners’ in­come, and there­fore abil­ity to spend more - even when their new sta­dium opens. As our ta­ble il­lus­trates, in­come is bro­ken into three ba­sic streams: match day (tick­ets, pies, pro­grammes etc), me­dia (es­sen­tially TV cash) and com­mer­cial in­come (spon­sor­ship, mer­chan­dise, tours).

Tot­ten­ham may in time catch Arse­nal in me­dia and com­mer­cial in­come, if they con­sis­tently fin­ish above them, be­come Cham­pi­ons League reg­u­lars and es­tab­lish them­selves as a gen­uinely global pop­u­lar club. Arse­nal al­ready are. But that will take years, at least. As for Arse­nal’s match day in­come, with the high­est prices in Eng­land, it is the high­est in world foot­ball at £100m (Sh12.72bn) a year.


Hugo Lloris re­mains one of the big­gest stars in Tot­ten­ham’s team since join­ing in 2012.

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