The Tottenham Hotspur Supporters' Trust (THST) has demanded that Daniel Levy must 'reverse' the 6% increase on season tickets after the club announced record revenue of £549.6million in the latest set of financial accounts.
Spurs announced their results for the 2022/23 financial year on Wednesday morning. The accounts show revenue rose above half a billion pounds, a 24% increase from the previous year's £444million.
There was also a profit from operations before depreciation, amortisation, player trading, interest and taxation of £138.7million from £122.3million.
Despite the record revenue of over half a billion pounds, Tottenham did suffer a loss of £86.8million from £50.1million. The club have stated that those losses reflect «the significant and continued investment in the playing squad.»
Furthermore, the results also showed that Levy was paid £3.581million last year and received an accrued bonus of £3billion across the year — the same figure as he did in 2019 upon the completion of the Tottenham Hotspur Stadium.
It has been estimated that the football club would receive in season ticket sales next season, from the 6 per cent increase, between £2.5million and £3million.
Daniel Levy admits Tottenham in talks with new investors amid record-breaking financial results
How much Daniel Levy was paid as Tottenham 2023 financial results revealed
As a result of the price rise, the cheapest adult season ticket is priced at £856 and the most expensive, the 1882 season ticket, costing £2,367. The most expensive junior season ticket is £606, with the cheapest junior season ticket at £428.
Following the reveal of the financial accounts, the THST have released a brief statement urging Levy to reverse the increase on the season tickets for
Read on football.london