The KC Stadium

Next Game

Hull City v Tottenham

Sunday, 23 November 2014, 16:00

Barclays Prem

White Hart Lane

Last Game

Tottenham 1 - 2 Stoke

Sunday, 09 November 2014, 13:30

Barclays Prem

Tottenham post financial loss

Tottenham have announced a loss of £4.3m for the year ending June 30, 2012.

Last Updated: 22/01/13 at 19:03 Post Comment

White Hart Lane: Tottenham have announced a loss of £4.3m

White Hart Lane: Tottenham have announced a loss of £4.3m

The Premier League club had made a profit of £700,000 in the previous year, which covered the period when they were competing in the 2010-11 UEFA Champions League.

Total club revenue for the 2011-12 financial year was £144m - 12 per cent lower than the year before - while Spurs said "profit from operations" dropped to £23m from £38m.

Revenues continued to increase on the commercial front, but merchandising fell by four per cent largely due to the lack of Champions League football, which they also failed to secure this season.

Spurs say they are on course to comply with UEFA's financial fair play rules, and this season moved into a new training centre in Enfield which they hope will help them by nurturing home-grown talent.

The club say they have also completed their first step towards building a new stadium adjacent to White Hart Lane which will increase revenue due to greater capacity.

Chairman Daniel Levy said in a statement: "We are ever ambitious for the club, driving all areas of the business and our focus continues to be the delivery of an increased capacity stadium.

"There is much work to be done refining the detailed design and resolving the final development issues.

"We intend to deliver this to the same high standards of the new training centre and to reward our incredibly loyal supporters with a world-class stadium and one that will have made a crucial contribution to the regeneration of a priority borough in London."

Related News

Most Commented

Readers' Comments

M

eanwhile, England's best U21 players playing with those most likely to be in the senior team from 2020 onwards might increase their chances in those tournaments to a point where they could actually be potential winners. Unlike 2016.

shagwa
Wenger warns Hodgson

I

m not a doctor, but the cause is likely to be crap dancing after scoring. My prognosis is we may need to take that leg off.

GVMUFC
Rodgers reveals Sturridge woe

F

or the time being we just have to focus on the players we do have, Rodgers said. We have to make the best of what is available. Jesus wept!

rodger's gusset
Rodgers reveals Sturridge woe

Footer 365

Ligue 1: Lyon held by Bastia, Monaco grind out a point, Rennes climb

Lyon missed out on the opportunity to leapfrog Marseille in to second place in Ligue 1 as they were held 0-0 by Bastia.

Premier League: Arsene Wenger is frustrated by loss to Man United

Arsenal boss Arsene Wenger insists his side should have got something from their 2-1 loss to Manchester United.

Premier League: Van Gaal stays grounded after first away win propels United into the top-four

Manchester United manager Louis van Gaal played down his side’s first away win of the season at Arsenal.

Mail Box

A Funny Mail About Line Dancing & More

We have some great responses to young Jack's question about how readers first got into football. Plus, finally some intelligent thoughts on Dave Whelan's outburst...

United Fans Would Gladly Take Wilshere

That's the message to any Arsenal fans who don't appreciate the midfielder. Plus, plenty on everyone's current favourite football club chairman and a wee question about fandom...

© 2014 British Sky Broadcasting Ltd. All Rights Reserved A Sky Sports Digital Media property