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New Tottenham stadium: Spurs forced to borrow another £237m as costs continue to spiral


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https://www.independent.co.uk/sport/football/premier-league/tottenham-new-stadium-wembley-pitch-opening-when-ready-spending-debt-vs-manchester-city-a8608226.html

 

Tottenham Hotspur are set to borrow another £237million to cover the spiralling costs of their new stadium build.

Spurs revealed the extension of their “development facility” with their three banking partners in their statement on Friday night, which confirmed that the new Tottenham Hotspur Stadium would not be ready until 2019. The club also revealed their net debt as £366m, a figure that is set to rise to £600m.

 

 

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1 minute ago, keithgersbear said:

https://www.independent.co.uk/sport/football/premier-league/tottenham-new-stadium-wembley-pitch-opening-when-ready-spending-debt-vs-manchester-city-a8608226.html

 

Tottenham Hotspur are set to borrow another £237million to cover the spiralling costs of their new stadium build.

Spurs revealed the extension of their “development facility” with their three banking partners in their statement on Friday night, which confirmed that the new Tottenham Hotspur Stadium would not be ready until 2019. The club also revealed their net debt as £366m, a figure that is set to rise to £600m.

 

 

No wonder they never made any major new signings pre season ffs 

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55 minutes ago, keithgersbear said:

https://www.independent.co.uk/sport/football/premier-league/tottenham-new-stadium-wembley-pitch-opening-when-ready-spending-debt-vs-manchester-city-a8608226.html

 

Tottenham Hotspur are set to borrow another £237million to cover the spiralling costs of their new stadium build.

Spurs revealed the extension of their “development facility” with their three banking partners in their statement on Friday night, which confirmed that the new Tottenham Hotspur Stadium would not be ready until 2019. The club also revealed their net debt as £366m, a figure that is set to rise to £600m.

 

 

fuck modern football...the stadium is to have a caviar   and lobster outlet that should lower the debt a bit though

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Best team in years they say but won nothing. With this they will spiral. Can't stay close to the top positions in such a position unable to bring in bigger players and wages. If anything it just shows what a great job Wenger done for years under stadium financial constraints and Wenger won 3 trophies in his last 4 years even if falling out of top 4. 

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2 hours ago, keithgersbear said:

Best team in years they say but won nothing. With this they will spiral. Can't stay close to the top positions in such a position unable to bring in bigger players and wages. If anything it just shows what a great job Wenger done for years under stadium financial constraints and Wenger won 3 trophies in his last 4 years even if falling out of top 4. 

  • 3 trophies in 4 years is shite, considering it was only the FA Cup
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18 hours ago, pcbear said:

They have made a right cunt of this trying to do it on the hurry up, season books went up by a huge amount this season so there will be all sorts of wranglings there costing plenty to pay the disgruntled fans back a chunk of dough.

“On the hurry up “ is a great old phrase 

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On 30/10/2018 at 09:08, keithgersbear said:

https://www.independent.co.uk/sport/football/premier-league/tottenham-new-stadium-wembley-pitch-opening-when-ready-spending-debt-vs-manchester-city-a8608226.html

 

Tottenham Hotspur are set to borrow another £237million to cover the spiralling costs of their new stadium build.

Spurs revealed the extension of their “development facility” with their three banking partners in their statement on Friday night, which confirmed that the new Tottenham Hotspur Stadium would not be ready until 2019. The club also revealed their net debt as £366m, a figure that is set to rise to £600m.

 

 

Their bank manager must be shitting bricks to build the new stadium. 

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