Report claims Tottenham to sell star playmaker to ease new stadium debt

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Tottenham Hotspur Stadium
Dom Le Roy

The Tottenham Hotspur Stadium cost the north London club around £1 billion and was officially opened against Crystal Palace on April 3.

The state of the art development features a retractable pitch, with a sunken artificial playing surface so it can host two NFL games each season.

It is the second largest club stadium in English football with a capacity of 62,062.

However, the project led to the club announcing a five-year bank financing arrangement which includes a £400 million bank facility in May 2017.

They would extend that by a further £237 million in October 2018 to cover the unpredicted and constantly rising costs of the new ground.

MailOnline is reporting that Christian Eriksen might be the solution to Spurs’ financial problems.

European heavy-weights such as Real Madrid and Barcelona seem to be interested in the star playmaker, as Tottenham consider measures to ease the debt burden.

In addition, the Lilywhites manager Mauricio Pochettino is said to already be considering a drastic overhaul of his squad with players like Eriksen, Toby Alderweireld and Kieran Trippier among those potentially on their way out.

Eriksen joined the north London club from Ajax in 2013. Since then, he has made 266 appearances and netted 64 goals.

 

 

 

 

 

 

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1 COMMENT

  1. It’s NOT a report, merely a pack of lies. A risible work of fiction by some dimwitted tabloid hack, without even the remotest insight into the financial machinations of Tottenham Hotspur Football Club. Why waste your time regurgitating this complete and utter crap. The bottom line is, Spurs do NOT have financial problems

    The revenue streams from the new stadium, including gate receipts, will exceed by a considerable margin the debt service on the bank loan/line of credit that ENIC have taken out to facilitate the building of it. As a point of comparison, the annual repayment on Man Utd’s half a billion pound plus debt is a mere 23 million per annum (less than 5% of their annual revenue). Spurs’s current 5 year repayment term, for a repayment amount of comparable financial magnitude, will be refinanced along similar lines.

    Ergo, there is no pressure to sell any player whatsoever and Levy has already made it abundantly clear that the funding of the stadium will have no impact on transfers, or transfer budget. The funding of the stadium is entirely sustainable and as naming rights deals, shirt sleeve sponsorship and other revenue streams derived from the new stadium come to fruition, the repayment amount will become even less significant as a percentage of gross income.

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