New Stadium Details And Discussions

Saoirse

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Sandro30

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Now called "Ticketing Points" which you get for every game you attend apart from friendlies etc. ...https://www.tottenhamhotspur.com/tickets/buy-tickets/ticketing-points/?icn=ticketingpoints&ics=ticketsfaq
They've just not updated the pages fully, they've still got references to Wembley in them. The attendance points were only ever going to be for Wembley and haven't been added for any league game ST holders have gone to at NWHL.
As Saoirse says well, they were for Wembley only and no points have been added for NWHL.
 

Spurs Lodge Kittens

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One thought i've had after each time i've been is why don't they open just one or two of the Tap Ins next to the main bars post-game (Dispensary, White Hart etc). Might just help shorten the queues at those main bars after the match.
 

thekneaf

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One thought i've had after each time i've been is why don't they open just one or two of the Tap Ins next to the main bars post-game (Dispensary, White Hart etc). Might just help shorten the queues at those main bars after the match.
I've seen them do this, they've just not flagged it. I queued up for 20 minutes at the Dispensary to get a beer, and then walked past a Tap Inn and it was serving too with no queue at all! Just no one knew it was serving
 

SirHarryHotspur

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Seems they still haven't got the supply and demand worked out, went to U23's on Friday looking forward to a sausage roll , at 6.30 no sausage rolls left at the outlet I queued up at still the Tottenham Pie was good.
 

Yid121

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Question. Say you buy tickets as a member can you resell them through THFC via the ticket exchange?
 

coys200

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May hear something about an esports event next week. London Spitfire were linked with using the stadium and have announced a date for March 2020 in London but no venue yet. Tickets go on sale next week and feeling is it will be at the stadium.
 

coys200

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There’s an article by the Athletic about refinancing but it’s behind paywall but looks good news.
 

King of Otters

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Jun 11, 2012
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Here’s the article

Tottenham Hotspur have started to spread the financial burden of their new stadium by refinancing more than £400 million of bank debt.

Spurs borrowed £637 million from Bank of America, Goldman Sachs and HSBC to pay for their £1 billion new stadium that opened in April. That bank facility was initially due to be paid back by April 2022.
But Bank of America has launched a new private placement scheme to turn roughly £400 million of that debt into bonds with staggered maturities ranging between 15 and 30 years. They reached out to institutional investors in the US with a conference call last week.

While this deal will not immediately decrease the level of Tottenham’s net debt, which is approaching £600 million, it will relieve the immediate pressure for Tottenham to pay the money back in less than three years’ time. The move also takes advantage of low interest rates in the US and puts the club’s finances on a stable long-term footing.

This arrangement follows up on a commitment that the club made in the financial update released in October 2018. That statement, which revealed the club had increased its bank facility from £400 million to £637 million, alluded to a re-financing programme this year.

“Working with our Banking Partners and our financial advisor, Rothschild & Co, we shall be converting this development facility, which currently expires in April 2022, into notes with a mixture of debt maturities,” Spurs said last year. “The residual amount of gross debt to be converted or extinguished will depend on a number of factors including several commercial discussions.”

Spurs’ arrangement has been compared to Manchester United’s May 2015 refinancing, when the Red Devils raised $425 million of bonds through a private placement scheme. Private placements are typically available to borrowers of a higher credit quality, and so both Tottenham and Manchester United benefited from having an investment grade rating. That has allowed them to borrow over a longer period of time, and at lower interest rates. In contrast, Italian sides Inter Milan and Roma have recently had to issue high yield bonds instead, with shorter maturities.

Tottenham Hotspur and Bank of America both declined to comment.
 

Gb160

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Nope. They have just been paying interest as far as i know.
From the Express (I know)

'United’s debts had soared to a substantial £778m in 2010, but by the end of 2014 it had dropped to £380.5m and is now down to £254m'
 

Lilbaz

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From the Express (I know)

'United’s debts had soared to a substantial £778m in 2010, but by the end of 2014 it had dropped to £380.5m and is now down to £254m'
I believe that their original debt was cut due to the share issue (listing on the ny stock exchange). They then had a £400m bond issue. Didn't realise this had been cut down.
 
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