Fearing £150 million revenue loss, Tottenham's accounts show worst is yet to come for football

The Premier League club recorded a loss of £67.7 million last season largely owing to an increase in payable interest and amortisation, coupled with declining revenue.

Operating expenses rose mainly due to a full year of depreciation of the Tottenham Hotspur Stadium.

Spurs have refinanced their debt position and brought the weighted average interest rate down, but the club's liabilities nonetheless rose by more than £70 million.