Spurs announce losses

Tottenham this morning announced an operating loss of £1.189m (€1.7m) for the year ending June 30, 2004.

Tottenham this morning announced an operating loss of £1.189m (€1.7m) for the year ending June 30, 2004.

Profit before player trading was over £9.7m (€14.1m) but the signings of Bobby Zamora, Frederic Kanoute, Jermain Defoe, Michael Brown and Paul Robinson have resulted in the overall loss.

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