Daniel Levy rebukes critics of Tottenham’s spending ahead of fan protest

Tottenham chairman Daniel Levy has provided a strong rebuke to critics of the club’s spending days before another fan protest.

Spurs announced their financial results for the year to June 30th 2024 on Monday, with revenue decreasing by four per cent to £528.2 million.

Match receipts were also down from £117.6 million to £105.8 million due to Tottenham not being in Europe during the 12-month period.

However, the club’s loss for the year was £26.2 million in comparison to £86.8 million in the previous financial results.

The Club has announced financial results for the year ended 30 June, 2024.

— Tottenham Hotspur (@SpursOfficial) March 31, 2025

Levy referenced the current “highly-challenging season” under Ange Postecoglou, with Spurs in 14th position in the Premier League after a difficult winter period with a plethora of injuries, but talked up the importance of a potential Europa League triumph with Tottenham through to the quarter-finals.

Poor domestic form coupled with a 17-year trophy drought and frustration over spending by owners ENIC has increased disgruntlement among supporters, with another protest planned by fan group Change for Tottenham at Sunday’s home fixture with Southampton.

Spurs chairman Levy said in a statement: “We currently find ourselves in 14th position in the Premier League, navigating what has been a highly-challenging season on the pitch.

“We are, however, in the quarter-finals of the UEFA Europa League. Winning this competition would see welcome silverware and mean qualification for the UEFA Champions League. We must do everything we can to support the team in these final key stages.

“Since opening our new stadium in April 2019, we have invested over £700million net in player acquisitions.