Farhad Moshiri

[hibbo'sclass]

Wait. Spurs will go to the financial markets to pay off their debt??

Could you explain how that works then? With Spurs still owning their new ground, and/or, Spurs not paying more money for said debt.

Asking for a friend.

Got it - they go to the markets, get lots of money, default on repayments, but there's a magic clause that in the event of default, any charge on the property and/or income stream is null and void with the ground reverting to the original occupant, ie Spurs.

Hope that has helped clear your friends confusion.

 

[roydo]

Got it - they go to the markets, get lots of money, default on repayments, but there's a magic clause that in the event of default, any charge on the property and/or income stream is null and void with the ground reverting to the original occupant, ie Spurs.

Hope that has helped clear your friends confusion.

He would like you to arrange his mortgage.

 

[davek]

Are we?

Yes.

Stones was sold and Lukaku will be, and perhaps Barkley.

 

[a bell maul]

Got it - they go to the markets, get lots of money, default on repayments, but there's a magic clause that in the event of default, any charge on the property and/or income stream is null and void with the ground reverting to the original occupant, ie Spurs.

Hope that has helped clear your friends confusion.

Spurs must be accessing capital markets in Shangri-La lol

 

[davek]

Wait. Spurs will go to the financial markets to pay off their debt??

Could you explain how that works then? With Spurs still owning their new ground, and/or, Spurs not paying more money for said debt.

Asking for a friend.

Sorry, thought Spurs were still listed. Spurs are said to be planning a share issue with Lewis and Levy diluting their proportion of ownership.

 

[davek]

Got it - they go to the markets, get lots of money, default on repayments, but there's a magic clause that in the event of default, any charge on the property and/or income stream is null and void with the ground reverting to the original occupant, ie Spurs.

Hope that has helped clear your friends confusion.

That's very snippy for a man who thinks Everton will get £400M for a stadium naming rights deal.

 

[hibbo'sclass]

That's very snippy for a man who thinks Everton will get £400M for a stadium naming rights deal.

Don't put words in my mouth Dave, I said "if", not "they will get"

Glad to help you out with your confusion.

 

[Goat]

Sorry, thought Spurs were still listed. Spurs are said to be planning a share issue with Lewis and Levy diluting their proportion of ownership.

You read that in your crystal ball?

lollollol

 

[a bell maul]

As a matter of interest, what is the cost of Spurs' new stadium and who is financing it?

 

[roydo]

Sorry, thought Spurs were still listed. Spurs are said to be planning a share issue with Lewis and Levy diluting their proportion of ownership.

Why would they do that?

 

[Goat]

As a matter of interest, what is the cost of Spurs' new stadium and who is financing it?

A genie in a bottle according to Dave.

 

[davek]

You read that in your crystal ball?

lollollol

No mate. I read it in the Telegraph.

 

[roydo]

As a matter of interest, what is the cost of Spurs' new stadium and who is financing it?

@RobSpurs

Dunno.

 

[davek]

As a matter of interest, what is the cost of Spurs' new stadium and who is financing it?

£750M. Naming rights + share issue + selling land owned in the area + bank borrowing.

 

[davek]

Don't put words in my mouth Dave, I said "if", not "they will get"

Glad to help you out with your confusion.

How could you even have said "if" we got that type of cash?

It was a massive bollock dropped. We all do it. Dont feel bad about it.