Spurs are in a genuine relegation dogfight, sitting just one point above the bottom three following their 3-1 defeat to Crystal Palace on Thursday (March 5).
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According to BBC Sport, should the worst-case scenario happen, Tottenham couple potentially take a massive £261 million hit.
The North London club earned £690m worth of income last year, according to data from the UEFA European club finance and investment landscape report, putting them ninth overall in Europe.
Spurs could see their TV rights drop from £128m to £45m, UEFA TV rights drop from £71m to £0, UK TV rights go from £131m to £79m, and sponsorships go from £279m to £224m.
Some of that would likely be offset by player sales, however.