Tottenham Hotspur Stadium Has Highest Business Rates in Premier League

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Tottenham Hotspur's new £1 billion ($1.2 billion) stadium has the highest business rates out of all Premier League stadiums. An Independent report on stadium business rates showed how the stadium has a rateable value of £7.19 million ($9.02 million), as determined by the Valuation Office Agency. This means that the north London club must hand over £3.7 million ($4.62 million) this year in rates. It is the highest among all Premier League clubs, with the Emirates Stadium, at a rateable value of £6.13 million ($7.65 million), coming second. Old Trafford - £6.1 million ($7.61 million), the Etihad Stadium - £4.65 million ($5.8 million), and Anfield - £4.4 million ($5.5 million) round out the top 5.

The new stadium's business rates, in fact, are even higher than that of Wembley Stadium. The iconic stadium was Tottenham's home ground from 2017 to 2019, while the new stadium was under construction to replace White Hart Lane. A Premier League stadium guide by Ladbrokes reports that the new ground has a capacity of over 61,000, which is almost twice the size of White Hart Lane. But this massive increase in capacity is not the sole reason for the aforementioned jump in business rates. The new stadium has been transformed into one of the country's best sporting venues, and the new rates reflect the many enhancements.

The Tottenham Hotspur Stadium has top-notch customer service thanks to it’s partnership with Mitel Unified Communications. Mitel, a global leader in business communications, has turned this new stadium into one of the most technologically advanced stadiums in the world. Specifically, it provides communication and collaboration infrastructure, as well as platforms to ensure a world-class customer experience in hospitality and retail.

The Populous-designed Tottenham stadium also has a host of world-class facilities and amenities for the fans. It is home to Europe's longest in-stadium bar in the form of the Goal Line Bar, which is located in the South Stand. Over in the East Stand are the two bars The White Hart and The Shelf, while the West Stand has The Dispensary. Additionally, the stadium features an in-house bakery, along with the world's first ever microbrewery inside a sports venue.

It also has £640-each ($799) H Club suites that offer fine dining and chances to eat with the Tottenham players. Moreover, the stadium also features the Tunnel Club, which allows fans to view players while they wait in the player's tunnel before a match; £230 ($287) Sky Lounges that offer panoramic views of the stadium; and £100 ($125) premier seats that come with a heated seat, a USB charging socket, and access to lounges.

Given these facilities and amenities, that £7.19 million ($8.97 million) business rate is not at all surprising. The resulting £3.7 million ($4.62 million) tax bill will also be manageable, as Tottenham routinely played in front of over 60,000 fans during their time at Wembley. The new stadium will likely welcome just as many fans, especially now that the Spurs are one of the top contenders for this season’s Premier League title.

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