Tottenham Hotspur owner Daniel Levy, Wednesday (3/4), confirmed that the English Premier League club was in negotiations with a number of investors to buy their shares following the Lillywhites experienced a loss following tax of 86.8 million pounds sterling (Rp. 1.7 trillion) during the period. one year, ending June 30, 2023.
Even though Spurs recorded a turnover of 549.6 million pounds sterling (Rp. 11 trillion) during that year’s period, operational expenses rose 21%.
The increase in operational expenses was partly due to investment in buying new players.
The player salary budget allocated by Spurs rose 20% to 251.1 million pounds sterling (Rp. 5.04 trillion) or the fifth largest in the English Premier League following Manchester City, Liverpool, Chelsea and Manchester United.
The pressure of following-tax losses prompted the club’s owners, ENIC Group, to sell their shares to investors who were willing to accept the price they offered.
However, according to a source to ESPN, Spurs owners will not sell all their shares, but only part of them. (Ant/Z-1)
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