Spurs supporters filled the Tottenham Hotspur Stadium with anticipation and hope that the team would take advantage of West Ham’s 0-1 defeat to Arsenal at the weekend. It is now between the two London clubs for the last place for survival in the Premier League. A place that economically means “heaven or hell”.

Leeds left London with a 1-1 draw and a sizzling angry Roberto de Zerbi who thought VAR stole three points from the club. With two games left in the season, Tottenham have a two-point lead over West Ham, relegation is so haunting.

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Now, a financial expert has calculated how relegation to the Championship will affect Spurs, as Stefan Borson explained on the podcast “The Room Where it Happened”: It could cost the club around £145 million in just one season. One season!

Borson said: “It’s the double whammy of not only relegation, but also no UEFA revenue next season. You’re going to lose £100 million on UEFA; You will lose NOK 75 million at home. Two hundred million pounds in one year; The current season is worth £200 million. That is going to drop down to £55 million. That’s a loss of £145 million.”

Meanwhile, Touchline on X has claimed that the impact could potentially be worse than Borson has claimed, estimating that there could be £250 million in lost revenue overnight.

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They back up their claim with the loss of TV revenue, while there would be no Champions League money with a loss of matchday revenue, while a sponsorship clause could come into effect, resulting in less money being given to the club.