Champions League helps Tottenham’s income soar
by Suni Said Salah | Posted on Thursday, March 31st, 2011
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LONDON (AP)—Tottenham’s debut in the Champions League has helped the club’s income soar by almost 50 percent.
The Premier League club’s interim results for the six months to Dec. 31 showed its revenue increased to 79.8 million pounds ($128 million) compared to 53.3 million ($85.6 million) for the same period last year.
Spurs posted a profit of 4.2 million pounds ($6.75 million) compared to the 6.1 million ($9.8 million) loss made in the final six months in 2009.
Chairman Daniel Levy says that “our first-half figures reflect a strong performance, buoyed by … our participation in the Champions League.”
Tottenham qualified for the competition by finishing fourth in the league last season and face Real Madrid in the quarterfinals.
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