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Tottenham owners make £35M injection to club

mawspurs

Staff
Jun 29, 2003
35,554
18,652
Tottenham’s owners have injected £35million into the club in the form of a new share issue.

A Companies House submission published on Wednesday (15 January) revealed Tottenham Hotspur Limited issued 5.8 million shares across two tranches between 13-31 December.

Source: Football Insider
 

Impspur1

Well-Known Member
May 8, 2014
4,021
9,654
Tottenham’s owners have injected £35million into the club in the form of a new share issue.

A Companies House submission published on Wednesday (15 January) revealed Tottenham Hotspur Limited issued 5.8 million shares across two tranches between 13-31 December.

Source: Football Insider
The overdraft is ready!!
 

Metalhead

But that's a debate for another thread.....
Nov 24, 2013
27,459
42,834
Oh is this related to what someone posted about shares yesterday? £35 million seems like a drop in the ocean nowadays. When Sugar stepped in all those years ago, we were, what, £20 million in debt?
 

Westmorlandspur

Well-Known Member
Feb 1, 2013
3,957
6,489
Oh is this related to what someone posted about shares yesterday? £35 million seems like a drop in the ocean nowadays. When Sugar stepped in all those years ago, we were, what, £20 million in debt?
Gives enic a slightly bigger percentage of total shares. God knows why they did it, but there will be a reason no doubt.
 

Albertbarich

Well-Known Member
Jul 4, 2020
7,239
27,975
Heard on a podcast that the interesting part of the story is that it values the club at 3.5 billion?
 

UncleBuck

Well-Known Member
Aug 20, 2003
10,331
13,390
Gives enic a slightly bigger percentage of total shares. God knows why they did it, but there will be a reason no doubt.
Just reminding us who our grand masters are and who runs the show.
Either that or it’s Ange’s payout and the fee for yet another manager who gets sold ‘the dream ticket’.
 

parj

NDombelly ate all the pies
Jul 27, 2003
4,165
7,138
Just reminding us who our grand masters are and who runs the show.
Either that or it’s Ange’s payout and the fee for yet another manager who gets sold ‘the dream ticket’.
It's the new managers transfer kitty
 

spursfan77

Well-Known Member
Aug 13, 2005
48,040
109,630
It’s bad news.

It will be for the hotel build and to keep that on track.

It means they are nowhere near getting outside investment in (if they really are looking for it at all). Probably because they have out priced anyone who is interested.
 

Nerine

Juicy corned beef
Jan 27, 2011
5,514
21,519
Excuse me if I’m being thick, here, but if I had £500m to invest in Tottenham, I’d want a return on my money, really.

How can Tottenham present themselves as a viable investment opportunity that will make the investor money?

Surely the sell has to be increase in facilities, tie-ins, assets (not players), land, property, etc?

I feel an investor in Spurs knows the ROI comes from the development of the off-field stuff?

I know the team being more successful brings more commercial awareness and exposure, but if I’m investing, that doesn’t seem like a guarantee or even a possibility in our case…

I think we are run quite naively.

I could of course have all this wrong.
 

TheHodFather

Well-Known Member
Aug 22, 2013
725
2,023
I must admit I'm really confused by this. £35m is peanuts compared to our revenues which I think are around the £500-£600m mark. And it seems to be a broadly accepted fact that we've got massive PSR headroom e.g. the Swiss Ramble stuff. So why would we need a capital injection of £35m and why have we got Claude Littner saying we need an investor with deep pockets to acquire the club and invest in top players?

The only thing I can come up with is that the terms of the stadium debt mean we're seriously constrained in terms of what we can spend despite the PSR headroom but that's just a guess on my part.
 
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