Revealed: Blockbuster £82.3m Spurs windfall blows PL rivals away

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Published on:

20 Mar 2020, 10:30 am

Tottenham have now secured three of the top-five profits ever secured by a Premier League club.

Spurs' latest set of blockbuster financial results were released on Wednesday and once again showed the club's success as a business.

The Londoners made a pre-tax profit of £82.3million (the post-tax profit was £68.6m) for the year ended 30 June 2019 and a record £460.7m revenue.

Financial results, year end 30 June 2019 - https://t.co/aFEASsDMSa

Chairman’s message - https://t.co/Us04DDpYzZ pic.twitter.com/GP1EWUOVSu
— Tottenham Hotspur (@SpursOfficial) March 18, 2020

These numbers are even more extraordinary in the context of the financial performances of rival Premier League clubs.

Analysis by Football Insider has showed that Spurs' pre-tax profit for the 2018-19 season was the fourth highest ever recorded by a Premier League club.

It is behind only Leicester City (£92m) in 2016-17, Liverpool (£125m) in 2017-18 after they sold Philippe Coutinho and Tottenham themselves, who hold the record with their jawdropping £139m profit in 2017-18.

Spurs are also in fifth place among Premier League clubs with the £80m profit they made in 2013-14.

Chairman Daniel Levy has warned that the club is "facing uncertain times" amid the coronavirus pandemic and must also service a net debt of £534m to repay banks for loans to build their magnificent new stadium.

The club moved into their new home ground last April and this immediately boosted the club's bottom line after nearly two seasons at Wembley.

On the pitch, Spurs have fared far less successfully this season after reaching their first-ever Champions League final last term, which they lost to Liverpool.

In other Tottenham news, it can be REVEALED that Mourinho has told friends 29-year-old won't ever play for Spurs again.

Tottenham Hotspur