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Tottenham reveal record revenues

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Tottenham Hotspur released their financial results up until June 30 2017 with record revenues of $430 million reported.

In a statement their chairman Daniel Levy called the revenues “historic” as the new TV deal and Spurs being in the UEFA Champions League were credited for the huge jump in revenue with an increase in over $136 million from 2016.

Delighted with Tottenham’s financial position, Levy also pointed towards the challenges which will come with the opening of Spurs’ new $1 billion stadium later this year, with their new 62,000 capacity home on the White Hart Lane stadium expected to be ready for the start of the 2018-19 campaign.

“Extraordinary levels of financial and human resource have seen significant progress on capital projects, with schemes underway at both the new stadium site and our Training Centre. As custodians of the Club we are ever-conscious of the need to ensure the future stability of the Club whilst managing its growth,” Levy added. “We are in an historic period for the Club and there is a growing sense of excitement. There will, however, be many challenges in the coming months as we near the latter stages of the construction of the new stadium and its opening.”

It will be intriguing to see how Tottenham’s revenues fare this financial year after their move to Wembley Stadium as a temporary home while their impressive new stadium was built.

With a deal with the NFL to host at least two games each season at the new White Hart Lane, plus residential buildings, shops, restaurants and more all part of the Northumberland Development Project to rejuvenate the area around their historic home, Spurs have spent plenty of cash on the project but all of that should help them generate even greater revenues in years to come.

Mauricio Pochettino has done a fine job of managing his squad of players on the pitch with limited resources and Tottenham’s latest financial results show they have just as good as a team handling matters off the pitch.

That said, as revenues continue to rise, players at the club may start to demand more in terms of salary as Tottenham are still way behind their close competitors when it comes to paying their star names top dollar.

Levy and Co. will be hoping the move to the new stadium and a continued presence in the top four and the UEFA Champions League will mean more money can be spent on not only bringing in better players but also keeping the ones they have.

6 clubs fined, risk FIFA transfer bans for debts to players

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ZURICH (AP) Clubs from Russia and Qatar are among six fined by FIFA and warned they risk one-year transfer bans for failing to settle debts to players.

[ MORE: Steffen to England? ]

FIFA says the clubs also face deductions of six league points if they fail to pay the debts in 30 to 90 days.

The clubs are: Kuban of Russia; Al Arabi and Al Kharaitiyat of Qatar; Zamalek of Egypt; Al Jazira of the United Arab Emirates; and Mersin Idman Yurdu of Turkey.

FIFA says all failed to comply with rulings by FIFA or the Court of Arbitration for Sport “to pay significant overdue amounts of money to players.”

They were fined between 15,000 and 30,000 Swiss francs ($15,000 and $30,000).

FIFA says national soccer federations face disciplinary cases if they fail to enforce the verdicts.

Premier League friendlies: Liverpool meets BVB; Everton in Portugal

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The Premier League is three weeks and one day from opening its 2018-19 slate, when Leicester City will visit Old Trafford for a Friday afternoon match with Manchester United.

The end of the World Cup has eyeballs trained on friendlies, with 19 Premier League teams doing work over the weekend.

[ MORE: Transfer rumor roundup ]

The International Champions Cup has a pair of matches on the docket.

Friday sees Pep Guardiola and Manchester City, sans many of their World Cup stars, mixing it up with Christian Pulisic and Borussia Dortmund in Chicago.

Then Sunday will see Borussia Dortmund switching gears and time zones, tangling with Liverpool in North Carolina as Pulisic renews acquaintances with old pal Jurgen Klopp.

Manchester United takes on San Jose on Sunday, two days after facing Club America.

Other marquee friendlies of the weekend include Bournemouth facing American back Shaq Moore and Levante on Friday, with Fulham hosting Lyon on Saturday, and Everton meeting Lille and Porto on consecutive Portuguese days Saturday and Sunday.

Friday

Bournemouth vs. Levante
Burnley vs. Macclesfield Town
Burnley vs. Curzon Ashton
Cardiff City vs Torquay
Manchester City vs. Borussia Dortmund (in Chicago)

Saturday

Brighton and Hove Albion vs. AFC Wimbledon
Crystal Palace vs. Oxford United
Everton vs. Lille
Fulham vs. Lyon
Huddersfield Town vs. Real Betis
Huddersfield Town vs. Roy-Weiss Essen or Werder Bremen
Leicester City vs. Notts County
Southampton vs. Derby County
Watford vs. Fortuna Dusseldorf
West Ham United vs. Preston North End

Sunday

Everton vs. Porto
Huddersfield Town vs. Darmstadt
Liverpool vs. Borussia Dortmund (in North Carolina)
Manchester United vs. San Jose Earthquakes (in Santa Clara)
Wolverhampton vs. TBD

Transfer rumor roundup: Japan, South Africa strikers to Premier League

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Percy Tau’s name isn’t yet widely known outside of South Africa, what with Bafana Bafana absent from the World Cup.

But the 24-year-old Mamelodi Sundowns winger may soon get to test his skills on a much bigger stage.

[ USMNT: More accolades for Pulisic ]

Tau, who has five goals in 12 caps, will reportedly join Brighton and Hove Albion in the Premier League if a medical goes well, with Sky Sports saying it’ll will be the biggest transfer fee yet for a South African Premier League player.


Yoshinori Muto could be bringing his 25 caps to the Premier League.

The 26-year-old striker made just one appearance at the World Cup, but has had a nice run with Mainz since joining from FC Tokyo. He’s bagged 23 goals in 71 appearances.

Bild report says there have been no formal offers for Muto, but that Newcastle United and West Ham are interested in the striker. Newcastle badly needs a striker, but West Ham has been spending money and Magpies owner Mike Ashley hasn’t green lit much in recent seasons.

Open Cup draw postponed as Portland protests LAFC win

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The Lamar Hunt U.S. Open Cup draw is not going as planned, as the Portland Timbers protest the roster of victorious LAFC.

[ RECAP: Four USOC semifinalists minted ]

Philadelphia, Chicago, and Houston were the other sides to get a place in the final four teams.

LAFC’s victory had already been marred by Adama Diomande‘s claims of a racial slur hurled his way, and now their victory may be in question altogether as U.S. Soccer issued a press release saying Thursday’s scheduled draw was postponed.

From a U.S. Soccer press release:

The decision comes as a result of a protest filed by the Portland Timbers in relation to the number of foreign players fielded by Los Angeles Football Club during Wednesday night’s Quarterfinal at Banc of America Stadium in Los Angeles, Calif.

The rule says a maximum five players without green cards can be in the 18. Portland started only two Americans, Jeff Attinella and Zarek Valentin, but have green cards for many others and rules are rules.

Will the Timbers take a semifinal berth via protest?