Chairman Daniel Levy opened his address by sending everyone's best wishes to Bill Nicholson, who was unable to attend due to illness. This was endorsed by all present.
Daniel commented on the fact that we are one of only two quoted football clubs to have posted a profit this year and pointed out that we started the season with the highest ever number of season ticket holders.
He also revealed that we have made progress in discussions with local authorities regarding development of the facilities at White Hart Lane and the local infrastructure.
"Whilst the process is slow moving, we have made progress and I remain hopeful that it will eventually produce positive results for the club."
With the first team currently sitting a healthy third in the league, he added: "The board is very pleased with performance of the first team this season."
The chairman also outlined his policy of continuing to provide improved services to fans, with online ticketing and the Ticket Charter already in place.
"Whilst many of our actions will take time to bring through tangible benefits some are more immediate, and I was pleased to see the ticket charter introduced during the year."
The proposed Spurs Academy at Abridge was mentioned as the chairman reiterated his belief that the future of the club will benefit from successful youth development.
"We continue to believe that the long-term future fortunes of Tottenham Hotspur will directly benefit from the successful development of new young players. This is a belief that is reinforced by the success last season of our youth squad.
"For this reason we are determined to achieve our immediate goal of building a state of the art new Academy and as you know, we are currently in the process of securing planning permission at a proposed site in Abridge, Essex.
"I can only say that this process has some way to go but we remain hopeful of a successful conclusion to the consultation period with the local authority and the local community in Abridge."
Property director Paul Kemsley explained that the club had no plans to move from the Lane and that the board was working with the authorities to develop the site, plans for which also include a museum.
Director of football David Pleat was present and he stated his belief that the team are heading in the right direction. "We have a core of players who can get the club into Europe and sustain it."
The club's AGM took place in Whites this afternoon and the event was a well-attended success.