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Borodin

Tottenham In The Red To The Tune Of £1.177 billion

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According to the latest financial analysis, Tottenham Hotspur has more debt than any other European club. The vast majority of that figure is due to the construction of their new stadium.

http://stadiumdb.com/news/2021/02/london_spurs_in_serious_debt_over_stadium_construction

Finance expert Kieran Maguire indicates that Spurs' total debt comes out at about £1.177 billion (€1.34 billion), with other football giants being a step behind the Londoners’ backs. Second FC Barcelona is indebted in the amount of £1.03 billion (€1.17 billion). They are followed by Atletico Madrid, Manchester United and Inter.

Well at least we can truly say we are above Barcelona in this league :12:

 

 

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2 hours ago, Borodin said:

According to the latest financial analysis, Tottenham Hotspur has more debt than any other European club. The vast majority of that figure is due to the construction of their new stadium.

http://stadiumdb.com/news/2021/02/london_spurs_in_serious_debt_over_stadium_construction

Finance expert Kieran Maguire indicates that Spurs' total debt comes out at about £1.177 billion (€1.34 billion), with other football giants being a step behind the Londoners’ backs. Second FC Barcelona is indebted in the amount of £1.03 billion (€1.17 billion). They are followed by Atletico Madrid, Manchester United and Inter.

Well at least we can truly say we are above Barcelona in this league :12:

 

 

Wow and double wow!! I suppose the only good thing about it is interest rates are minimal.

It has made me think that may have been behind Poch not being given any money to strengthen the team. 

Luckily, with the value of our squad and the value of the new stadium and all our assets, it wouldn't surprise me that financially we are not consider as being financial in trouble. 

COYS 

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Those numbers are far worse than they would have been due to COVID.  The revenue lost from matches at the stadium must be incredibly high, no NFL, co concerts and on and on.  Definitely not an ideal time to be carrying a Stadium debt!

 

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