Tottenham Hotspur break world record for football club annual profits

Tottenham Hotspur Stadium
Dom Le Roy

Tottenham Hotspur may still be without a trophy in well over a decade, but the supporters have really had a week to shout about.

Not only did they open their brand new 62,000 plus seat stadium with a win last night against Crystal Palace, but they also announced a world record yesterday too.

Spurs released their profits for 2017/18 on Wednesday, boasting annual margins of £113 million, a world record for any football club across the globe (Telegraph).

This eclipsed the £106m posted by Liverpool in February for the same season.

Spurs posted a much lower wage bill than their top six rivals, with less than half the amount Man United paid that season. Tottenham paid £147m on salaries, £100m less than Liverpool, Man City, and Chelsea, and around 50% less than Arsenal.

Tottenham’s match day revenue more than doubled from £19m in the old White Hart Lane to £43m at Wembley.

The increased capacity at the new stadium should help maintain these staggering numbers, fans will just be hoping that the club invest profits in some new stars.

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