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Page last updated at 12:36 GMT, Thursday, 19 March 2009

Sales give Spurs record profits

Alex Ferguson parades Dimitar Berbatov
Berbatov joined Man Utd for 30.75m in September 2008

The sale of Dimitar Berbatov and Robbie Keane by Tottenham has helped the club post record pre-tax profits of £39.8m for the last six months of 2008.

Last summer Spurs made over £51m from the sale of Berbatov to Manchester United and Keane to Liverpool.

Spurs also sold six other players for significant fees during that period.

"During the 2008 summer transfer window gains were made on the sales of a number of registrations," said chairman Daniel Levy in a statement.

In what appears to be a reference to the sale of the strike duo Levy added: "It needs to be noted that the club did not make the player trading profits in a manner that was planned or welcomed as they arose, in the main, from the regrettable sale of certain key players."


The other players to leave the club were Pascal Chimbonda, Steed Malbranque, Teemu Tainio, Paul Robinson, Younes Kaboul and Anthony Gardner.

Keane and Chimbonda have both since rejoined the club and the next financial figures are expected to be balanced out by these deals and the additional signings of Jermain Defoe and Wilson Palacios.

The profits, meanwhile, should assist the club's proposed investment in a new training ground and stadium, named the Northumberland Development Project, with a full planning application due in "the next few months".

"We have benefitted from having a robust business that is well financed and has continued to be able to support investment in the first team, whilst progressing two major capital expenditure projects - the new training centre and the Northumberland Development Project."

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see also
Man Utd complete Berbatov switch
01 Sep 08 |  Man Utd
Ramos rues Keane & Berbatov exit
28 Oct 08 |  Tottenham
Liverpool complete Keane transfer
28 Jul 08 |  Liverpool
Keane seals 12m Tottenham return
02 Feb 09 |  Tottenham
Chimbonda signs up for Sunderland
26 Jul 08 |  Sunderland
Tottenham secure Chimbonda return
26 Jan 09 |  Tottenham
Malbranque signs Sunderland deal
30 Jul 08 |  Sunderland
Sunderland sign versatile Tainio
23 Jul 08 |  Sunderland
Keeper Robinson joins Blackburn
25 Jul 08 |  Blackburn
Portsmouth sign Kaboul from Spurs
11 Aug 08 |  Portsmouth
Tottenham finalise Defoe transfer
09 Jan 09 |  Tottenham
Tottenham agree deal for Palacios
21 Jan 09 |  Tottenham

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