{"id":335309,"date":"2017-07-10T13:37:50","date_gmt":"2017-07-10T13:37:50","guid":{"rendered":"http:\/\/citifmonline.com\/?p=335309"},"modified":"2017-07-10T13:37:50","modified_gmt":"2017-07-10T13:37:50","slug":"we-are-not-for-sale-tottenham-hotspur","status":"publish","type":"post","link":"https:\/\/citifmonline.com\/2017\/07\/we-are-not-for-sale-tottenham-hotspur\/","title":{"rendered":"We are not for sale – Tottenham Hotspur"},"content":{"rendered":"
North London Premier League football club Tottenham Hotspur has said that it is not in any discussions relating to a takeover offer.<\/p>\n
Media reports had said US firm Iconiq Capital was preparing an offer.<\/p>\n
Spurs are currently in the process of building a new stadium, and will play games at Wembley Stadium next season.<\/p>\n
The club agreed stadium funding with a trio of banks in May. It says other proposals emerged then, “including bank debt and equity investment”.<\/p>\n
The banks involved in the stadium financing were Bank of America Merrill Lynch International Ltd, Goldman Sachs Bank USA and HSBC bank.<\/p>\n
The club said in a statement: “The board believes this [stadium financing agreement] was the optimum solution in the interests of fans, employees and shareholders and for the continued development of the club.”<\/p>\n
But it added: “The board is not in any discussions relating to a takeover offer for the club.”<\/p>\n
Demolition of the club’s historic White Hart Lane home started at the end of the 2016-17 season.<\/p>\n
They plan to have a new 61,000-seater stadium, built on the same site, ready for the 2018-19 season.<\/p>\n
In the meantime, the club will play home games at Wembley, which they used in the Champions League and Europa League last season.<\/p>\n
The new stadium is expected to cost \u00a3750m but will create about 3,500 jobs in the area when it is finished, according to the club.<\/p>\n
–<\/p>\n
Source: BBC<\/p>\n","protected":false},"excerpt":{"rendered":"
North London Premier League football club Tottenham Hotspur has said that it is not in any discussions relating to a takeover offer. Media reports had said US firm Iconiq Capital was preparing an offer. Spurs are currently in the process of building a new stadium, and will play games at Wembley Stadium next season. The […]<\/p>\n","protected":false},"author":14,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[142],"tags":[937,1096,9081],"yoast_head":"\n