The Spurs eclipse Liverpool and make a record profit



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The Spurs are finally back in the N17 after almost two years of absence.

On Wednesday night, the team played for the first time at Tottenham Hotspur Stadium, which beat Crystal Palace 2-0 thanks to goals from Son Heung-min and Christian Eriksen.

The good news continues to announce for the Lilywhites after the club announced a record pre-tax profit of 138.9 million pounds.

The figure, which was for the year up to the end of June 2018, was a huge increase from the 51.6 million pounds sterling recorded the previous year.

Liverpool being the first team in the world to break the 100 million pound mark with a pre-tax profit of 125 million pounds for the period ending in May 2018, the Spurs set a new record after 12 brilliant months for the club.

Profit after tax totaled £ 113m after only £ 36.2m the year before.

The club's revenue reached £ 380m in 2018 after reaching £ 309m the year before, but it was still behind Arsenal (£ 403m), Chelsea (£ 443m), Liverpool (£ 455m), Man City (£ 500m) and Manchester United (£ 590m).

With match revenues rising from 45 million pounds to 71 million pounds in 2018, following their temporary transfer to Wembley with their new stadium under construction, the Spurs have also benefited from an increase in earnings of $ 25 million. UEFA following their run in the knockout stages of the Champions League with 53 million pounds sterling. having obtained 38 million pounds the previous year.

However, the broadcast money has dropped from 149 to 147 million pounds, since they finished third in last season after finishing second in 2016/17.

The Spurs' payroll also increased from 21 million to 147 million pounds. Arsenal is the second lowest of the top six, at 240 million pounds.

The club also made a profit of 73 million pounds on the sale of players with Kyle Walker, Federico Fazio and Nabil Bentaleb, among others.

Accounts have also shown that the club's loan for the new stadium has increased from £ 400 million to £ 537 million, although it is repayable until 2022.

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