Tottenham reveals record $148M profit for soccer team

LONDON (AP) — Tottenham has earned a record profit for a soccer team of nearly 113 million pounds ($148 million).

Tottenham, which opened its new stadium on Wednesday and beat Crystal Palace 2-0, is in third place in the Premier League despite signing no new players over the last year.

A financial report posted on the British company registry showed a profit of 112,953,000 pounds in the year to June 30. That eclipses the profit posted by Liverpool of 106 million pounds ($139 million) covering last season.

Source: FOX Sport

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