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Tottenham Hotspur Reports £120.6 Million Pre-Tax Loss

3/31/2026

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Summary

Story summary

Tottenham Hotspur reported a record pre-tax loss of £120.6 million for the 2024-25 season.
Despite generating significant revenue, cash reserves fell to £20.4 million, the lowest in a decade, and negative free cash flow has persisted since the mid-2010s.
The club relied on external funding, including a £100 million injection from owner ENIC and a Macquarie-led factoring arrangement to access Premier League prize money early.

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Story summary

Tottenham Hotspur reported a record pre-tax loss of £120.6 million for the 2024-25 season.
Despite generating significant revenue, cash reserves fell to £20.4 million, the lowest in a decade, and negative free cash flow has persisted since the mid-2010s.
The club relied on external funding, including a £100 million injection from owner ENIC and a Macquarie-led factoring arrangement to access Premier League prize money early.