About 350 people attended the Nabs Charity Football World at Chelsea FC's Stamford Bridge ground on Wednesday. Its success means it will join the Nabs boxing night and May Day Pay Day as a key fund generator.
The former Spurs stars Martin Chivers and Gary Mabbutt, Arsenal's double-winning captain Frank McLintock and the ex-Liverpool manager Roy Evans were among those at the evening. Jack Charlton, the former Ireland manager and World Cup winner, was the guest speaker and the Sky TV presenter Richard Keys hosted a sports quiz.
An auction, which included autographed England shirts and other memorabilia, contributed more than £30,000 towards the profits.
Kate Harris, the Nabs chief executive, said: "We've increased our welfare budget this year and this money will allow us to invest even more in the people who really need us."
She added: "There's no question that we'll be repeating the event. People believe we've come up with something that works very well."
Nabs opted for a football night to draw in supporters, particularly women, who were not happy to watch boxing.
However, the boxing night, which raises up to £600,000 a year and retains a loyal following, will continue to be held. May Day Pay Day raised £180,000 when it was introduced earlier this year.