REPORT: Kane transfer fee €95m + two Spurs-Bayern friendlies.
New details have emerged on the some of the creative accounting present in the Kane to Bayern deal.
Hey remember that Harry Kane fella who used to play for us? I wonder whatever happened to him? He scored a bunch of goals for us for a while and is now kicking around somewhere in Bavaria last told, IDK, whatever.
Anyway, some new details have emerged on the deal that sent Kane from Tottenham Hotspur to Bayern Munich, which at the time was reported as €100m. It turns out, in typical Daniel Levy fashion, there was some “creative accounting" happening behind the scenes such that €100m is not actually €100m... and it could even be a bit more.
As reported by Maxmilian Koch in Abendzeitung, the purchase price was actually €95m, but it also includes two future preseason friendlies between Spurs and Bayern, with 100% of the proceeds from both going straight to Spurs.
So that’s potentially a pretty good deal for Spurs. Tottenham reportedly make an average of just under £3m per home match, which as of 2022 was the fourth highest in the league. Those are league ticket prices, and you’d think that a preseason friendly would likely have slightly smaller gate revenue due to reduced ticket prices, and that’s assuming that the matches would take place at Tottenham Hotspur Stadium and not in Munich. But even taking the medium gate revenue numbers, Spurs would actually come out slightly north of €100m with the two friendlies included.
Enjoy the read, Guys....Levy Strikes again!
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