Analysis: Debt in the English Premier League ranges from vast to small and expensive to cheap – and reflects the gap between top and bottom

Tottenham owe close to €1 billion as a result of building a new home, but should have little trouble servicing their debts.

Many clubs benefit from low-interest shareholder loans, but others have turned to high-cost external lending since the pandemic.

Why it matters: Debt profiles vary across the division, with lenders clearly separating the Big Six from the other 14 Premier League clubs.

The perspective: Interest paid totalled 2.7 per cent of collective revenues, and over half of finance costs were incurred by just three clubs.