Following Tottenham Hotspur’s latest financial reports that show a 12% drop off in the club’s wage bill, we have now compared those figures with other Premier League clubs to see how Spurs stack up.
Tottenham supporters have made their feelings about Daniel Levy abundantly clear, with Spurs fans organising protests throughout the season and demanding he “gets out of their club.”
His financial management may have kept Tottenahm stable, but that has done little to mend his fractured relationship with the fanbase.
The club’s latest financial figures paint an interesting picture. Even without Champions League revenue, Tottenham remain in a strong financial position.
Levy’s business acumen is evident, but while Spurs are financially sound, concerns persist over how much of that stability comes at the cost of on-pitch success.
One of the most talked-about aspects of the financial report is the club’s wage bill, which has dropped by 12% from the 2022/23 season.
This only reinforces the perception that under Levy, Spurs are cutting costs in key areas rather than pushing to compete at the highest level.
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How Tottenham Hotspur’s wage bill stacks up in the Premier League
We’ve taken a closer look at how Tottenham Hotspur’s wage bill compares to their Premier League rivals.
The data, sourced from Capology, provides a snapshot of the financial muscle behind each club. Some figures are estimates due to limited publicly available data.
Every 2024/25 Premier League club’s wage bill
With Tottenham ranking seventh in the league for their wage bill, the figures reinforce what many fans have long suspected—the club simply isn’t matching the financial firepower of their big-six rivals.
Spurs’ spending in the transfer market has been measured, and while Levy insists on financial sustainability, it has led to frustration among supporters who want to see the club push harder for silverware.
The reality of Spurs’ financial approach under Daniel Levy
Levy recently addressed the club’s finances, insisting that Tottenham’s current level of spending is unsustainable.
He emphasised the need for long-term financial stability, especially given the club’s continued absence from the Champions League. However, that stance does little to quell fears that Spurs are being left behind.