TOTTENHAM HOTSPUR have released their financial results for the year ended June 30, 2019 – while recognising the awkward timing of the announcement given the coronavirus pandemic.
Spurs were required by law to make their financial figures public by March 31.
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The North Londoners' revenue increased by £80million from 2018, owing much to the prize money earned from reaching the Champions League final.
Money received for their European run increased from £62.2million the year before to a staggering £108.4million, after the journey that saw Spurs fall at the final hurdle to Liverpool in Madrid.
Despite prolonged delays to the completion of the Tottenham Hotspur Stadium, which finally opened in April 2019, Spurs still registered a profit of £68.6million after tax.
This figure is down around £45million from the year prior.
Speaking out on the results, and the awkward timing of them given Covid-19, chairman Daniel Levy said: "We are painfully aware that it seems wholly inappropriate to be giving any attention to the prior year’s financial results at a time when so many individuals and businesses face worrying and difficult times.
"We are however legally required to announce these by 31 March 2020.
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