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Tottenham Hotspur suffer Sh9billion net loss as COVID-19 hits revenue

Tottenham Hotspur Stadium, London, Britain - July 12, 2020 [Tim Goode/Pool via REUTERS]

Tottenham Hotspur suffered a net loss of 63.9 million pounds ($85.45 million or Sh9.35billion) in the last financial year as the COVID-19 pandemic disrupted schedules and forced games to be played in empty stadiums, the Premier League club said on Monday.

Spurs said revenue for the year ended June 30 was 402.4 million pounds, down from 460.7 million pounds in the previous year.

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