Spurs

Tottenham announce deal with Hewlett Packard Enterprise for their new stadium

 Tottenham Hotspur have announced a partnership deal with Hewlett Packard Enterprise in order to turn their new stadium into one of the world’s best in terms of technology.


Spurs will spend the upcoming season at England’s national stadium Wembley after they decided to move on from White Hart Lane, where they maintained an unbeaten record during the previous campaign.

Spurs are currently building the stadium beside their old ground, and the construction is due to be completed before the start of the 2018/19 season. The north London club have already reached an agreement with three American banks to fund around £400m for their 61,500-seater stadium, while they will also arrange two American Football games annually as part of a 10-year bond with the NFL. (more…)

Spurs agree on £400m deal to help finance new stadium

Tottenham Hotspur have made significant strides to paying up for their new stadium after having announced a £400m deal with three American.


Bank of America Merrill Lynch, Goldman Sachs and HSBC have provided the funding to the north London club in a five-year arrangement to support the construction of the 61,500 seater stadium. Spurs have already spent £340m “on the acquisition of land, the planning process (including a compulsory purchase order and legal challenges) and build costs to date” as per the club’s website but this is unlikely to have an impact on their players’ status, finance director Matthew Collecott has revealed.

He told Bloomberg news agency: “This is not going to touch the football, these are very separate budgets. We are delighted to have three of the most prestigious and globally recognised banks supporting us.” Spurs have recently extended the contract of several of their key players including Harry Kane and Hugo Lloris, and the club are looking forward to another competitive season in the Premier League, be it rather in the Wembley stadium, where they had an awful record last term. (more…)

WORKS BEGINS AT SPURS STADIUM AFTER FAREWELL

In less than a day after the now famous 2-1 victory over Manchester United, work has begun in earnest at White Hart Lane.


It was an emotional game as the team defeated the Premier League giant in the last game at the Spurs’ stadium.

Victor Wanyama and Harry Kane made it 2-0 before United all-time record scorer Wayne Rooney got a consolation. Kane was very excited to score the goal as it sealed the victory for the team. He now has 22 goals in the Premier League, another brilliant season after last year.

The fans were very happy with the result as they bade the old ground farewell. Old and current players said their goodbyes as they left the pitch on a very emotional note.

In a few hours, diggers that were on standby have ripped up the pitch as work begins after the Sunday game. On Monday, Spurs’ chief Daniel Levy gave the keys of the property to the CEO of Mace – the contracting company that would oversee the construction of the new stadium – Mark Reynolds, according to reports. (more…)

Spurs may remain at home next season

Tottenham Hotspurs chairman Daniel Levy has stated that the team might remain at home next season despite having received the permission to play at Wembley for their home games.


Tottenham Hotspurs who is currently building a new stadium that can host around 61 000 fans said that they would only make a move to Wembley when their new stadium is close to completion.

Daniel Levy said at the moment the stadium is far from being completed and that there is still plenty of work to be carried out.

The chairman said that he would wait until the last minute before making the shift to Wembley as he does not want to hinder the team performance. Indeed it is still unknown how Tottenham Hotspurs will perform at Wembley.

Daniel Levy has also stated that he does not want the move to the new stadium to hinder Spurs performance on the pitch. He admitted that the construction of the new stadium might affect the team’s ability to pay high wages, but he feels that this can be a great investment in the long run. (more…)

SPURS TO GET NEW STADIUM NAME

Premier League side Tottenham Hotspur are set to get a new name for their new stadium, which would reportedly earn them £400 million in naming rights. Spurs are building their new football ground, which is set to be ready for the 2018/19 season. The new pitch is on the site of their current home White Hart Lane, meaning next season’s home matches would be played elsewhere – Wembley.

There are reports in England that Chair of the club Daniel Levy is plotting a deal that could see the club change its name from White Hart Lane in moves to get a finance deal for their new home. Rebranding the name of the old Spurs stadium to the sponsor’s would earn the club money that would go into financing it. (more…)

Spurs stadium as a music venue

Tottenham Hotspur have indicated that their new stadium will also be used as a music venue. The new stadium which is due to open in August 2018 will be able to accommodate 61000 fans for football matches and can also be converted to host music venue.

The Tottenham Hotspurs director said that this would be a great asset for the team as this will allow them to bring additional income. The director said that it would not only be a useful mean for the team to get additional revenue it will also bring a change in the entertainment world. (more…)