Spurs’ £175m new borrowing implies Covid-19 could cost clubs 25-30% of revenue
By David Owen
June 4 – Spurs have become the first football club to tap the UK Government coronavirus support measure known as the Covid Corporate Financing Facility (CCFF).
The North London club announced that Tottenham Hotspur Stadium Limited, a wholly-owned subsidiary, had issued £175 million of commercial paper through the facility.
The club, whose business operations have been handled chiefly for two decades by Daniel Levy,
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