Spurs' wages to revenue ratio has routinely been low

Costs as a proportion of revenue, 2015-16 to 2024-25

Line chart of Spurs' football-related costs as a proportion of revenue.

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Note: Total wages includes all staff; non-playing/coaching wages are excluded from squad cost ratio calculations. Player wage figures from 2019-20, 2021-22 and 2022-23 were disclosed in UEFA reports. Those figures as a proportion of annual revenue have been calculated here.

Source: club financial statements, UEFA reports