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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."

 

 

 

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