Levy says virus is ‘largest problem’ of his Tottenham reign
Tottenham chairman Daniel Levy has pledged to make sure the coronavirus outbreak doesn’t harm the way forward for his membership after admitting the pandemic is the largest problem of his 20-year reign.
Levy was talking on Wednesday as Tottenham introduced monetary outcomes for 2018-19 which confirmed the north London membership recorded £460 million ($544 million) in income.
1 / 4 of that earnings was a results of their run to the Champions League last.
The transfer into their new stadium additionally helped income enhance, with a £27 million leap in company and hospitality earnings.
Yet general earnings have been nonetheless down nearly £45 million on 2018’s determine of £113 million, to £68.6 million.
With the virus having pressured the postponement of the Premier League till not less than April three and all European competitions in lockdown at current, Levy acknowledged the well being disaster is creating large issues for soccer.
“We are painfully aware that it seems wholly inappropriate to be giving any attention to the prior year’s financial results at a time when so many individuals and businesses face worrying and difficult times,” Levy stated in a press release.
“We are, nevertheless, legally required to announce these by 31 March 2020.
“We are all facing uncertain times both at work and in our personal lives. I have spent nearly 20 years growing this club and there have been many hurdles along the way – none of this magnitude – the COVID-19 pandemic is the most serious of them all.”
But, regardless of the present chaos enveloping the sport, Levy is set to maintain Tottenham on a sound footing for when play finally resumes.
“With such uncertainty, we shall all need to work together to ensure the impact of this crisis does not undermine the future stability of the club,” he stated.
“This will embody working with the broader soccer business and its stakeholders to hunt to revive the season – however solely when it’s protected and sensible to take action.
“Our precedence is the well being and well-being of our workers, gamers, companions, supporters and their households.
“We shall look to return out of this stronger and extra resilient than ever. Our hope is that the virus peaks over the approaching weeks and that we have now a summer time to take pleasure in.
“Please look after yourselves and stay safe and healthy. This is more important than football.”