LONDON: Tottenham announced pre-tax losses of £80.2 million ($107.7 million) for the financial year ending June 2021 on Tuesday with the club’s total debts a rising £100m to £706m.
Spurs have counted the cost of the coronavirus pandemic more than most as it struck shortly after the club opened a new 63,000 capacity stadium at a cost of £1.2 billion.
Due to games being played behind closed doors during lockdown, match receipts were down to £1.9m compared to £94.5m in 2020.
“The financial results published for our year ended 30 June, 2021, reflect the challenging period of the pandemic and the incredibly damaging timing of COVID-19 coinciding, as it did, with the opening of our stadium in April, 2019,” said Tottenham chairman Daniel Levy.
“With no less than three lockdowns our operations were severely disrupted, albeit this was secondary to the impact everyone felt in their personal and family lives.”
Tottenham’s overall revenue was down to £361.9m from £402.4m despite an increase in money generated from broadcasting rights.
Despite the losses, new manager Antonio Conte is expected to be handed funds in January to strengthen his squad as Spurs aim to get back into the Champions League.
The Italian was recruited by his former colleague at Juventus, Fabio Paratici, who was appointed Tottenham’s managing director of football in June.
“The appointments of Fabio and Antonio are a clear demonstration of our intent and ambition,” added Levy.
“Since opening the stadium in April, 2019, we have spent almost £400m on players. Player spending is no guarantee of success, and our focus must be on improved recruitment, coaching, fitness and a competitive mindset.”
Spurs sit seventh in the Premier League, four points adrift of the top four.
Closed door season costs Tottenham £80m loss
https://arab.news/n5evm
Closed door season costs Tottenham £80m loss
- Due to games being played behind closed doors during lockdown, match receipts were down to £1.9m compared to £94.5m in 2020
- Tottenham's overall revenue was down to £361.9m from £402.4m despite an increase in money generated from broadcasting rights
Iva Jovic hopes to channel Novak Djokovic on Dubai Duty Free Tennis Championships debut
- American teen sensation looking to build on strong start to 2026 season
Things have been developing fast for American teenager Iva Jovic.
This time last year, she was ranked 167 in the world and had just lost in the opening round of a Challenger in Cancun.
Today, she is perched nicely at a career-high No. 20 in the world rankings, with a WTA title under her belt (in Guadalajara last year) and an Australian Open quarterfinal appearance last month.
At 18, the Californian became the youngest American woman to reach the last-eight stage at Melbourne Park since Venus Williams in 1998.
Having started 2026 with an impressive 11-3 win-loss record (semis in Auckland, final in Hobart, quarters at the Australian Open), Jovic withdrew from the WTA tournaments in Abu Dhabi and Doha to take some much-needed time off and is now in the UAE ready to make her debut at the Dubai Duty Free Tennis Championships.
We caught up with Jovic on Saturday ahead of her Dubai opener against former world No. 3 Maria Sakkari.
What does it mean for you to be coming to these tournaments now that you probably were watching in the past coming to this part of the world?
I mean, it’s so special. Obviously, it’s one thing to kind of play your first WTA events and get the feel for it, but it’s a different one to be in the tournaments every week and have your ranking at a place where you can play the full calendar. So that was the goal for me, and it’s pretty incredible to have had it all as it is now and to just be here.
Obviously, I want to win every match I play. I hate to lose. But I also try to remember that just being here is an incredible accomplishment and privilege. But Dubai has been so fun. I went to the mall yesterday. I went to the top of the Burj Khalifa. So I’ve already got to do a couple of things.
The culture and everything is very cool here. It’s my first time in this part of the world, so it’s very cool to see all these new things. I feel like I’m learning a lot, so much more to come.
I know you had to pull out of the last couple of tournaments in Abu Dhabi and Doha. I’m just wondering, post-Australia, what came into that decision?
Yeah, I think I just needed a little bit more time. I think I played the most matches out of anyone in the Australian swing. It was a lot, and I’m really happy with how it went. It was a great experience, and I won a lot, right? So that’s what you want. But I also needed to rest and train a little bit to just take care of my body. And now I’m feeling good and ready to go to be here in Dubai.
With Australia, now that you’ve had a little bit of time and space since then, what was the biggest takeaways from that? And did any of it take you by surprise?
I like to think that it’s surprising but not surprising, because obviously having great results and maybe some wins weren’t expected, but I also know how hard I’ve worked, and that good things tend to come when you put in the right work. So, surprised, but also not that surprised. Again, I think it’s one thing to have a couple of those good results, but for me the most important thing is consistency. So I want to establish myself as a player who’s going deep every single week.
You’ve got Maria Sakkari in your first round. She just made the semis in Doha. How do you look ahead to that match?
That’s definitely going to be a tough one. So thank you, Alex (Eala) for giving me a tough match. She pulled my name out (during the draw), but that’s okay. I’ll forgive her. But no, that’ll be a difficult one. Maria is a fighter. I played her in doubles, first meeting in singles. I mean I’m so new on the tour, still. I haven’t played a lot of these women. But she’s a competitor. She’s been around for a while and obviously making semis last week. She’s in top form. But, you know, again, you love the battle and you want the tough matches. So hopefully I can pull through.
You got to play the world number one in a Grand Slam quarterfinal. Didn’t go your way, but I’m wondering what did you take from that experience?
Yeah, I think that obviously you want to play the best just to win, yes, but even if you don’t, to just see where you stand. I think I’ve done a good job so far of learning from every loss, and I think that’s all it is. You learn from it, and it’s just fine margins. The differences aren’t that big.
It’s just little details that you need to work on that I’ve already been working on the past couple weeks, so hopefully that can show.
I know Novak Djokovic has been sending you tips. You’ve been in contact. He’s won this tournament a bunch of times. Are you going to perhaps be like, give me some tips for this Dubai court?
Oh, my God. Well, I hope … I don’t know if I’m brave enough to do that. I’m still a little nervous when I talk to him. He’s definitely my idol, but yeah, I see him at every corner. I’m like, how many times did this guy win the tournament? I see him on every screen. But just try to be like Novak. I’m going to keep it that simple.
