Leaders
Dallmeier

Business Directory

Browse the Directory

Sign Up to the Directory

FC Business Twitter
FC business Linked in
FC Business facebook
FC Business Youtube

Levy makes Champions League financial warning

Wed 15th Sep 2010 | Money & Finance

Tottenham Hotspur Football Club chairman Daniel Levy has warned fans that reaching the Champions League isn’t as potentially lucrative as was first thought.

 

£30m was touted as the windfall Tottenham would receive for reaching the group stage but Levy believes it is more likely to be half that amount.

 

“We will make £15m from being in the group stage. You could buy one good striker [for that]. It's not a goldmine,” he told The Independent.

 

The Tottenham chairman is under no illusions about how difficult it will be to stay in the Champions League; "We all want to stay in the Champions League but let's be realistic, there are only four places but there are seven or eight teams competing."

 

 

 

If you have any football business related news stories you’d like to share then please contact us – agourley@fcbusiness.co.uk or ryan@fcbusiness.co.uk

Add to: Google Google | Yahoo Yahoo | Live Live | del.icio.us del.icio | Digg Digg |

Related Articles

How Football Clubs Source Their Revenue

Thu 22nd Jun 2017 | Money & Finance

It will come as a surprise to no one that football is big business these days. Although players’ wages – especially at the top teams – have increased remarkably, the clubs can pay...

“Why Does Your Club Offer Discounts?” 5 Responses

Tue 6th Jun 2017 | Money & Finance

Following my article last week on the 3 observations about discounts offered on football clubs’ merchandise stores ; I wanted to share some more insight in to the merchandise space. I’ve...

West Ham United announce record season ticket renewals

Thu 1st Jun 2017 | Money & Finance

West Ham United have announced a club record number of season ticket renewals for the 2017/18 Premier League campaign. At Wednesday's 5pm deadline, over 90% of the 52,000 season ticket holders at...

Footballers, their cars, and how many minutes of play it takes to pay for them

Thu 1st Jun 2017 | Money & Finance

Online used car dealership Carspring have researched the vehicles driven by more than 250 of the world’s leading football players. With this information, along with the estimated salaries of...