How can Spurs afford this spending?

· Yahoo Sports

[BBC]

How Tottenham can stay within financial rules during their current spending spree has been the subject of a lot of questions submitted via our Spurs Ask Me Anything form.

Spurs can spend significant sums this summer because under the new squad-cost ratio rules (SCR), they are allowed to spend up to 85% of their revenue on player costs - player wages, amortisation and agent fees etc.

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In their last set of accounts (2024-25), wages and amortisation was only 61%, and this includes all salaries. Clubs do not separate between playing and non-playing staff, although Uefa says that normally about 75% of total wage costs go towards a club's first team.

In addition, Tottenham Hotspur Stadium, which can now host up to 30 non-football events a year at full capacity, is proving to be very beneficial.

At their old White Hart Lane ground, annual matchday revenue was £45m and commercial income - which includes concerts and NFL games - was £73m.

At the new stadium, those figures were £126m and £277m respectively in 2024-25. The additional money coming into the club allows it to spend more under the SCR regime.

While Spurs have spent a lot of money this summer to date, transfer fees are amortised over the length of the contract - though limited to five years - so a £240m spend this summer equates to a £48m amortisation fee.

Tottenham's total revenue for 2024-25 was £565m. Under SCR rules they would be able to spend up to £480m a year on their squad.

Read more about Spurs' spending and how it can continue here

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