Tottenham Hotspur may have endured a pretty dismal 2019 on the pitch, but the club have certainly been performing away from it by the looks of the new financial statistics.
Spurs released their financial highlights for the year ending 30 June 2019 today and it certainly makes for positive reading.
The revenue for the year sat at £460.7m, compared to the £380.7m the previous year. Premier League gate receipts totalled £34.3m.
The club also revealed that Champions League gate money and prize money en route to the final in Madrid last season earned Spurs an incredible £108.4m in total. However, domestic cup competitions only drew in £3.1m.
TV and media revenue rose from £147.6m in 2018 to £149.9m in 2019, while sponsorship increased from £93.4m to £120.3m in that same period of time.
Operational profits, not including trading or depreciation, was £172.7m, which dropped down to £68.6m after charges, interest, and tax were deducted.
Tottenham also went into detail on the stadium financials, while claiming that: ‘Running the Club within Financial Fair Play regulations, whilst servicing debt and continuing to invest in both tangible and intangible assets continues to be a key focus for the Board.’
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