Tottenham reveal huge $59m boost that Arsenal, Chelsea and Man City don't have amid FPP fears

Tottenham have revealed just how much the club are adding to the local economy in north London across the Haringey and tri-borough area via not only the opening of the new stadium but also the wider impact that is being felt. Now almost halfway through the third fully non-Covid hit season since the move from White Hart Lane, the club's decision continues to be justified.

Although on-pitch matters have been far from ideal for much of the time since moving in 2019 there has been an undoubted shift in matchday experience at Spurs. The stadium is now one of the best sporting arenas in the world, let alone just England, and sets the bar extremely high for other sides currently expanding or looking for future redevelopment.

The 60,000 seater venue also has a team and a manager that most believe is befitting of the grandeur that goes with it, just ask Ange Postecoglou how he feels when the North Stand sings his name to the melodies of Robbie Williams. However it is about more than just the football.

Daniel Levy opened up on the club's financial aims in a sporting world dominated more and more by private equity firms, nation states and near unlimited money. «The landscape of the Premier League has changed significantly in the last decade,» he said in February 2023.

«We are competing in a league in which we have seen increased sovereign wealth ownership and consortia finance; and in a league where the spending power is now vested in the hands of a few who dominate and have the ability to distort the market.

»We welcome the changes to the governance of the game which will compel greater financial sustainability and financial fair play (FFP). Major changes have been introduced in Europe around FFP regulations, including the