Tottenham Hotspur make world-record profit

Tottenham Hotspur registered a profit of £113m after tax last season - a new world-record figure.

The figure tops the £106m profit posted by Premier League rivals Liverpool earlier this year.

Yearly financial results for 2017-18 reveal Spurs' income climbed from £310m to £380m thanks to player sales, bigger crowds at Wembley Stadium and reaching the Champions League knockout stages.

The figures were released as the club opened a new £1bn stadium - though much of that cost has been met with loans.

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