Soccer-Loss-making Tottenham must recruit better, says chairman Levy

FILE PHOTO: Amercian Football - NFL - Atlanta Falcons v New York Jets - Tottenham Hotspur Stadium, London, Britain - October 10, 2021 Chairman of Tottenham Daniel Levy Action Images via Reuters/Andrew Boyers

LONDON (Reuters) - Tottenham Hotspur chairman Daniel Levy said on Tuesday that the club must improve their player recruitment strategy having spent almost 400 million pounds on new recruits since opening a new stadium in 2019 with little to show for it on the pitch.

In a statement accompanying the publication of the club's latest financial results, Levy said the past two financial years had been challenging because of the COVID-19 pandemic with the club making pre-tax losses of nearly 150 million pounds ($200.48 million).