Revealed: Tottenham announce world-record profit as they trump Liverpool
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Revealed: Tottenham announce world-record profit as they trump Liverpool

Wayne Veysey
Wayne Veysey

Founder & Managing Director AUTHORITY Former chief correspondent at Evening Standard, Goal and Press Association with nearly three decades in national, regional and digital news and sports journalism. Wayne directs the network’s news strategy and high-level operations. FOCUS Editorial direction for the 11-site network and newsroom management. THE BRIEF Wayne oversees the network’s editorial standards across the network. He provides the final sign-off on all headline scoops, ensuring content across all platforms meets the standards required for a high-velocity newsroom.

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EXCLUSIVE By Wayne Veysey

Tottenham have announced a world-record profit of £113million, according to their newly-published financial results seen by Football Insider today.

In their

yearly financial results

, the north Londoners made an annual pre-tax profit of £157m - up from £73m - as turnover increased in the 12 months to June 2018 by £71m to £380.7m.

Liverpool's grip of the record for net (post-tax profit) has been lost after they announced a £106million profit in their latest accounts in February of this year.

Leicester City had previously held the record for profit of £80m in 2016-17 (£92m pre-tax) after reaching the quarter-finals of the Champions League in 2017.

In revenue terms, Spurs are in sixth place in the Premier League, with their 23 per cent increase in income closing the gap on Arsenal (£403m), Chelsea (£443m) Liverpool (£455m), Manchester City (£500m) and Manchester United (£590m).

Media revenue has decreased to £147.6m, commercial revenue increased by £33m to £109m and match revenue by £25.6m to £71m.

In the period up until 30 June 2018, £84m came into the club from player transfers and Spurs spent £116million on new additions, including the likes of Davinson Sanchez, Lucas Moura and Serge Aurier.

In other Tottenham transfer news, it can be REVEALED the club have made a £50million move to sign a 26-year-old.

Tottenham Hotspur
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