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Levy delighted with Spurs despite losses

November 12, 2010 10:13
Daniel Levy

By

Danny Caro,

Danny Caro

1 min read

Daniel Levy, chairman of Spurs, was full of optimism despite the club announcing an overall financial loss in the last 12 months.

Spurs made a £6.6m loss after tax for the year ending 30 June 2010 but revenues rose by £119.8m.

Levy said: "This period has seen the club produce a record turnover and a 23 per cent increase in operating profit.

"We are benefiting now from our investment to date in the first-team squad."