Tottenham Hotspur face the prospect of losing up to £200 million if they are relegated from the Premier League this season, according to former Manchester City advisor Stefan Borson. The warning comes after Spurs lost 3-1 at home to Crystal Palace on Thursday night, deepening their relegation fears.
Spurs started the evening just one point above the relegation zone following West Ham’s win at Fulham. A drop to the Championship would trigger parachute payments, but the club would still miss out on lucrative Premier League prize money and sponsorship deals.
“I think from a commercial perspective, there are two parts to it,” Borson told Football Insider. “The stadium has allowed them to generate revenue from non-footballing events, and that stays the same. But some sponsors are twitchy about relegation. Let’s say it’s £50m at least [commercial impact].” He added that losing UEFA revenue would push the total loss to between £150m and £200m, unless Spurs win the Champions League this season.
Sporting director Johan Lange had previously expressed ambition to strengthen the squad in the summer. “We will go into the summer window with big ambitions of strengthening the team,” he said. “We have a clear picture of which position and which profiles. But now we focus on the rest of the season because we have big objectives—we are still in the Champions League and want to be higher in the Premier League.”
