Player sale spurs Tottenham profits

LONDON soccer club Tottenham has announced pre-tax profits of £4.4 million (€6.3m) for the six months ended December 31, 2005.

The north London club’s turnover for the period was £36.3m (€52m), up from £32.9m (€47.1m) the previous year.

The sale of players such as Fredi Kanoute, Erik Edman and Timothee Atouba contributed to an £8.3m (€11.9m) profit on the sale of intangible fixed assets.