Harry Kane
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samuelyeboah
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why on earth would they take this deal? be serious
PannickAtTheDisco
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wishful thinking but I'd take that.
Mancity1980
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Spurs are spending the Kane money as we speak, if they don’t sell Kane after doing that it will not be us that is f**ked over.
Hence why Levy and Spurs will never win a trophy.
Every season Spurs don’t make the CL they will fall further and further behind on and off the pitch.
Mancity1980
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What does that equate to? £95 million…:)
Fjor Fj..s sake, thats bad (or very good)
southamptonblue
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Wishful thinking is a polite way of putting it.
Mancity1980
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Obligation to buy ensures the price is fixed and the payment is made AFTER receiving the Kane money. It really is no different.
LesBleuMiserable
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I’ve been thinking this too. Costs us only the wages! We could even tell him come and play for us for a season and move on if Barca can afford you next season.
southamptonblue
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Think were talking about strikers ;)
LesBleuMiserable
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Except it depends on when the obligation to buy kicks in, could be end of next season so they have more time to get the begging bowl out if needed
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samuelyeboah
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The difference is that they can use next seasons budget for it which will be remedied by the return of fans
He would be great for us. I believe he even took a pay-cut to join Barca.. bizarre considering how well he played for Lyon the season previous.
It would be Bernardo and maybe 30m to us
None of the Spanish teams can afford him and he wants to leave
better dead than red
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No. That is £100 million plus Mendy. Ake is not a bad player by any means.
Mancity1980
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Pre-pandemic they bought Ndombele for £54 million and offset it with more than that in departures (including Eriksen) and that was after a season mostly at Wembley with average crowds of 54,000.
Brightwell Bros.
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Wasn't sure about this a few days ago, but it's starting to feel exactly like the Grealish transfer. What an exciting season we've got coming up.
Tottenham Hotspur FC has raised a further £250m of US private placements, to pay off Bank of England loans signed during the coronavirus pandemic.
The Club has completed on an institutional fund raising of £250m, with an average tenure of over 20 years and an average interest rate of circa 2.8%. The debt stack includes a new 30-year tranche, with a bullet repayment in 2051 and is a unique financing for any sports entity with the long-term institutional debt markets.
The funds have been used to repay the £175m CCFF funding from the Bank of England, which was used to address some of the shortfall in income caused by the pandemic and will also partially repay a bank loan held by the Bank of America which had a shorter term, moving it to fixed rate 15-year money, locking in low interest rates and extending the tenure of the debt.
www.tottenhamhotspur.com
Tottenham's gross debt totals £831 million (€946 million), with £140 million (€159 million) owed in transfer debt, £96 million (€109 million) in tax debt, £9 million (€10.2 million) in trade creditors and £102 million (€116 million) in other creditors. All equals a total of £1.177 billion.
The club announced losses of £63.9 million (€72.9 million) for the year ending June 30, 2020. Last year Spurs was beneficent of a Bank of England program(see above) from which they drew a low-interest, short-term £175 million (€199 million) loan.
stadiumdb.com
So Levy/Spurs took out a £250mill loan to pay back a £175mill loan. What was the other £75mill for, minus the interest payments?
The Club has completed on an institutional fund raising of £250m, with an average tenure of over 20 years and an average interest rate of circa 2.8%. The debt stack includes a new 30-year tranche, with a bullet repayment in 2051 and is a unique financing for any sports entity with the long-term institutional debt markets.
The funds have been used to repay the £175m CCFF funding from the Bank of England, which was used to address some of the shortfall in income caused by the pandemic and will also partially repay a bank loan held by the Bank of America which had a shorter term, moving it to fixed rate 15-year money, locking in low interest rates and extending the tenure of the debt.
Club announcement - Finance update - CCFF repaid, short-term debt replaced with long-term | Tottenham Hotspur
The Club has completed on an institutional fund raising of £250m, with an average tenure of over 20 years and an average interest rate of circa 2.8%. The debt stack includes a new 30-year tranche, with a bullet repayment in 2051 and is a unique financing for any sports entity with the long-term...
www.tottenhamhotspur.com
Tottenham's gross debt totals £831 million (€946 million), with £140 million (€159 million) owed in transfer debt, £96 million (€109 million) in tax debt, £9 million (€10.2 million) in trade creditors and £102 million (€116 million) in other creditors. All equals a total of £1.177 billion.
The club announced losses of £63.9 million (€72.9 million) for the year ending June 30, 2020. Last year Spurs was beneficent of a Bank of England program(see above) from which they drew a low-interest, short-term £175 million (€199 million) loan.
London: Spurs in serious debt over stadium construction
stadiumdb.com
So Levy/Spurs took out a £250mill loan to pay back a £175mill loan. What was the other £75mill for, minus the interest payments?
Last edited:
Tottenham Hotspur FC has raised a further £250m of US private placements, to pay off Bank of England loans signed during the coronavirus pandemic.
The Club has completed on an institutional fund raising of £250m, with an average tenure of over 20 years and an average interest rate of circa 2.8%. The debt stack includes a new 30-year tranche, with a bullet repayment in 2051 and is a unique financing for any sports entity with the long-term institutional debt markets.
The funds have been used to repay the £175m CCFF funding from the Bank of England, which was used to address some of the shortfall in income caused by the pandemic and will also partially repay a bank loan held by the Bank of America which had a shorter term, moving it to fixed rate 15-year money, locking in low interest rates and extending the tenure of the debt.
Club announcement - Finance update - CCFF repaid, short-term debt replaced with long-term | Tottenham Hotspur
The Club has completed on an institutional fund raising of £250m, with an average tenure of over 20 years and an average interest rate of circa 2.8%. The debt stack includes a new 30-year tranche, with a bullet repayment in 2051 and is a unique financing for any sports entity with the long-term...
Tottenham's gross debt totals £831 million (€946 million), with £140 million (€159 million) owed in transfer debt, £96 million (€109 million) in tax debt, £9 million (€10.2 million) in trade creditors and £102 million (€116 million) in other creditors. All equals a total of £1.177 billion.
The club announced losses of £63.9 million (€72.9 million) for the year ending June 30, 2020. Last year Spurs was beneficent of a Bank of England program(see above) from which they drew a low-interest, short-term £175 million (€199 million) loan.
London: Spurs in serious debt over stadium construction
So Levy/Spurs took out a £250mill loan to pay back a £175mill loan. What was the other £75mill for, minus the interest payments?