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NEWS
Spurs reports world-record profits, signs five-year deal with Saracens Rugby
POSTED 05 Apr 2019 . BY Tom Walker
Tottenham star player Dele Alli (right) with Saracens player Brad Barritt (centre) at the new stadium Credit: Tottenham Hotspur
English Premier League (EPL) club Tottenham Hotspur has reported the biggest annual profits of any football club in history, just days after officially opening its new £1bn stadium.

The club revealed pre-tax profits of £138.9m for the year to 30 June 2018 – an increase from £51.7m the year before. Revenues were £380.7m during the twelve months, up from £309.7m a year earlier.

It beats the previous record annual profits of £125m, announced by EPL rival Liverpool FC last season.

Spurs also revealed that it has agreed a five-year partnership with Saracens Rugby Club that will see the Gallagher Premiership club play its annual 'Big Game' fixture at the new stadium from 2020.

The reigning domestic league champions previously used Wembley Stadium for the games and, more recently, London Stadium to stage this match, which has traditionally taken place during the March international football break.

The agreement is part of Spurs' plans to create a busy calendar of events at the new stadium, as it looks to pay off the £1bn cost.

Daniel Levy, Tottenham Hotspur chairman, said: "The agreement with Saracens further reinforces our aspiration to deliver a world-class multi-use venue in our home of Tottenham.

"To attract one of world rugby's biggest club sides will bring a new audience to the area, as well as help drive significant socio-economic benefits for businesses and local people, as we continue to underline our commitment to the regeneration of north Tottenham.

"We look forward to welcoming Saracens and their fans to Tottenham and delivering world-class rugby matchday experiences, showcasing our new stadium and all the surrounding area has to offer.

"This is an exciting partnership and, alongside Premier League and NFL matches, it is one that continues to underline our desire to create a sports and entertainment destination that we believe can transform this area of London."
PROJECT PROFILE:

Tottenham Stadium development
The £400m (US$644m, €498m) stadium will act as the centrepiece of a wider regeneration of the area. The Northumberland Development Project master plan by the London-based KSS Group will include 200 homes, a hotel, a retail area and a public square for community events such as ice skating or street markets. It will be funded by a £350m (US$538m, €475m) bridging loan facility from HSBC if there is a shortfall until permanent financing or the next stage of financing is obtained.

Location: London , United Kingdom
Budget: £400m

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The English Premier League (EPL) is a major driver of inbound tourism into Britain – especially when it comes to sports fans from long-haul destinations.
  Long-awaited Tottenham Hotspur stadium opens to the public


The £1bn (US$1.3bn, €1.1bn) Tottenham Hotspur stadium – the largest club ground in London – has finally thrown open its doors to fans.
  Saracens Rugby Club acquires stake in Superleague netball team Mavericks


Gallagher Premiership Rugby club Saracens has acquired a 50 per cent stake in Vitality Netball Superleague team Hertfordshire Mavericks.
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NEWS
Spurs reports world-record profits, signs five-year deal with Saracens Rugby
POSTED 05 Apr 2019 . BY Tom Walker
Tottenham star player Dele Alli (right) with Saracens player Brad Barritt (centre) at the new stadium Credit: Tottenham Hotspur
English Premier League (EPL) club Tottenham Hotspur has reported the biggest annual profits of any football club in history, just days after officially opening its new £1bn stadium.

The club revealed pre-tax profits of £138.9m for the year to 30 June 2018 – an increase from £51.7m the year before. Revenues were £380.7m during the twelve months, up from £309.7m a year earlier.

It beats the previous record annual profits of £125m, announced by EPL rival Liverpool FC last season.

Spurs also revealed that it has agreed a five-year partnership with Saracens Rugby Club that will see the Gallagher Premiership club play its annual 'Big Game' fixture at the new stadium from 2020.

The reigning domestic league champions previously used Wembley Stadium for the games and, more recently, London Stadium to stage this match, which has traditionally taken place during the March international football break.

The agreement is part of Spurs' plans to create a busy calendar of events at the new stadium, as it looks to pay off the £1bn cost.

Daniel Levy, Tottenham Hotspur chairman, said: "The agreement with Saracens further reinforces our aspiration to deliver a world-class multi-use venue in our home of Tottenham.

"To attract one of world rugby's biggest club sides will bring a new audience to the area, as well as help drive significant socio-economic benefits for businesses and local people, as we continue to underline our commitment to the regeneration of north Tottenham.

"We look forward to welcoming Saracens and their fans to Tottenham and delivering world-class rugby matchday experiences, showcasing our new stadium and all the surrounding area has to offer.

"This is an exciting partnership and, alongside Premier League and NFL matches, it is one that continues to underline our desire to create a sports and entertainment destination that we believe can transform this area of London."
RELATED STORIES
Premier League football a 'significant generator' of inbound tourism


The English Premier League (EPL) is a major driver of inbound tourism into Britain – especially when it comes to sports fans from long-haul destinations.
Long-awaited Tottenham Hotspur stadium opens to the public


The £1bn (US$1.3bn, €1.1bn) Tottenham Hotspur stadium – the largest club ground in London – has finally thrown open its doors to fans.
Saracens Rugby Club acquires stake in Superleague netball team Mavericks


Gallagher Premiership Rugby club Saracens has acquired a 50 per cent stake in Vitality Netball Superleague team Hertfordshire Mavericks.
MORE NEWS
UK's Royal attractions had a bumper year in 2023
Numbers from the Association of Leading Visitor Attractions, (ALVA) show that Royal attractions saw a huge increase in visitor numbers during 2023 – the coronation year of King Charles III.
Efteling to convert steam trains to electric as part of green drive
The Everyday Heritage initiative celebrates and preserves working class histories
Off the back of the success of the first round of Everyday Heritage Grants in 2022, Historic England is funding 56 creative projects that honour the heritage of working-class England.
Universal announces long-awaited details of its Epic Universe, set to open in 2025
Universal has revealed it will be adding new Harry Potter attractions, alongside Super Nintendo and How to Train Your Dragon worlds to its Florida resort.
Heartbreak for Swedish theme park, Liseberg, as fire breaks out
A fire has destroyed part of the new water world, Oceana, at Liseberg in Sweden, and a construction worker has been reported missing.
Museum director apologises after comparing the city of Florence to a sex worker
Museum director Cecilie Hollberg has come under fire for comparing the city to a sex worker due to uncontrolled mass tourism.
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COMPANY PROFILES
TechnoAlpin

TechnoAlpin is the world leader for snowmaking systems. Our product portfolio includes all different [more...]
ProSlide Technology, Inc.

A former national ski team racer, ProSlide® CEO Rick Hunter’s goal has been to integrate the smoot [more...]
iPlayCO

iPlayCo was established in 1999. [more...]
Polin Waterparks

Polin was founded in Istanbul in 1976. Polin has since grown into a leading company in the waterpa [more...]
+ More profiles  
CATALOGUE GALLERY
+ More catalogues  
DIRECTORY
+ More directory  
DIARY

 

08-08 May 2024

Hospitality Design Conference

Hotel Melià , Milano , Italy
10-12 May 2024

Asia Pool & Spa Expo

China Import & Export Fair Complex, Guangzhou, China
+ More diary  
 


ADVERTISE . CONTACT US

Leisure Media
Tel: +44 (0)1462 431385

©Cybertrek 2024

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