Sugar flogs Spurs(.co.uk) to BSkyB
Online riches
Posted in Business, 3rd March 2000 12:23 GMT
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Alan Sugar's favourite football club has sold its Web site www.Spurs.co.uk to Rupert Murdoch's BSkyB for an undisclosed sum. BSkyB will gain access to Tottenham Hotspur's fan base, apparently the second richest supporters in the UK after Chelsea's. Spurs will get a share of the profits from the merchandising and other e-commerce ventures on the site. Yesterday, the club reported pre-tax profits down 26 per cent to £2.1 million for the six months ended 31 January. Sales were up 33 per cent to £29.7 million, while players wages jumped 35 per cent to £17.9 million. ®
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