New Stadium Details And Discussions

[dagraham]

View attachment 41735

I hope they have something like that for the East stand too.

 

[Dougal]

OK we all want to go home but the team needs our support at Wembley for the next few games. Let's help them get through them and to come back home with a lot to play for.

If people are tired they are better off taking a break from it all and coming back refreshed in the new stadium. Better that than the miserable faces that have filled the place lately.

 

[Jimmypearce7]

If people are tired they are better off taking a break from it all and coming back refreshed in the new stadium. Better that than the miserable faces that have filled the place lately.

Perhaps they could even go the effort of disguising their misery Dougal and join in with some Spurs songs!

 

[Dougal]

Perhaps they could even go the effort of disguising their misery Dougal and join in with some Spurs songs!

Like the rendition of ‘this place is a shithole, I wanna go home’ from last night? I think they may be persuaded.

 

[luptic]

I hope this a fake news story, but i have a feeling that it is not.

https://www.independent.co.uk/sport...pending-debt-vs-manchester-city-a8608226.html

 

[King of Otters]

I hope this a fake news story, but i have a feeling that it is not.

https://www.independent.co.uk/sport...pending-debt-vs-manchester-city-a8608226.html

What a fucking disaster this is turning out to be.

 

[13VanDerBale13]

the shambles doesn't end

 

[Bulletspur]

View attachment 41735

There was some idiot who was complaining that the unlike the old stadium, this one didnt have enough features that suggested that this new one was ours. This stadium certainly "Spells" Tottenham in a classy way and demonstrates the brand without being over the top and tacky like others I could mention.

 

[spursfan77]

I hope this a fake news story, but i have a feeling that it is not.

https://www.independent.co.uk/sport...pending-debt-vs-manchester-city-a8608226.html

That’s just the news from Friday with a different spin on it

 

[worcestersauce]

It is a facility not a straightforward loan which, as I understand it, means the money is available to the club should we need to draw it down but not that we've borrowed it, I'm sure we have some financially more astute members on here that can clarify this.
The stadium cost was originally said to be circa £400million, this loan is over £200million which is half as much again, I find it hard to believe that the cost due to the delays can amount to half as much again as the original cost, I suspect there is an anomally in the report.

 

[Bulletspur]

What a fucking disaster this is turning out to be.

Old news and shit happens. Over the top reaction describing the position as a disaster imo.

 

[King of Otters]

Old news and shit happens. Over the top reaction describing the position as a disaster imo.

Having to borrow 1/4 billion to cover costs for a stadium that has already doubled in cost from the initial budget sounds like pretty bad news, imo.

 

[buckley]

This rise in debt is almost expected and will be covered by a combination of Nike deal ;Stadium naming rights;The new hotel and flats; extra stadium revenue on match days and thus allowing for greater spending power and still being able to pay of debt in stages.
The outlook is bright and myself for one will not listen to the doom prophecy theory.

 

[thekneaf]

Having to borrow 1/4 billion to cover costs for a stadium that has already doubled in cost from the initial budget sounds like pretty bad news, imo.

Regal pessimism is what convinced the otters to revolt.

 

[zepstar]

"The residual amount of gross debt to be converted or extinguished will depend on a number of factors including several commercial discussions."

As far as I'm concerned, that's the key line in the recent announcement. An admission that there's debt, that it has increased, but that it rests on what deals the club ties up commercially. The jury's out on DL as a custodian of the wider health of the football club, but as a pure businessman he knows what he's doing.

 

[spursfan77]

2 NFL games next year

 

[wishkah]

It is a facility not a straightforward loan which, as I understand it, means the money is available to the club should we need to draw it down but not that we've borrowed it, I'm sure we have some financially more astute members on here that can clarify this.
The stadium cost was originally said to be circa £400million, this loan is over £200million which is half as much again, I find it hard to believe that the cost due to the delays can amount to half as much again as the original cost, I suspect there is an anomally in the report.

RCF - revolving credit facility.

Standard loan type to any sizable corporate.

 

[Bulletspur]

Having to borrow 1/4 billion to cover costs for a stadium that has already doubled in cost from the initial budget sounds like pretty bad news, imo.

Not saying it's not serious but wouldn't exactly call it a disaster. A disaster would be a half built stadium being unable to finish because no source of finance being available.

 

[Lee82]

One thing that appears certain for me is that we will likely never know truly how much the stadium actually has cost to build and how much we end up borrowing.

Also i wonder if the hotel phase will ever see the light of day in the near future.

 

[Lee82]

Not saying it's not serious but wouldn't exactly call it a disaster. A disaster would be a half built stadium being unable to finish because no source of finance being available.

See Valencia’s Nou Mestalla.