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Premier League Giant losing £9m per Week

Posted: Sun Apr 19, 2020 11:22 pm
by Thor
It's being reported that a premier league giant is losing £9m per week and will be approaching a bank for a loan of £100m.

If hazard a guess its Spurs, that stadium cost is huge, it was over budget, they furloughed their staff although that's since been reversed. Harry kane has been in the press alot with speculation of being sold to Utd for £200m and no denial from the club

If this is true and is real, then the reality is surely going to hit a lot of clubs who may not be able to access funds from the banks or markets. This could be worrying for the game as many clubs may go to the wall before this crisis is over.

Re: Premier League Giant losing £9m per Week

Posted: Sun Apr 19, 2020 11:45 pm
by Adz
From what I've heard it's arsenal.

Re: Premier League Giant losing £9m per Week

Posted: Mon Apr 20, 2020 7:01 am
by Thor
Its possible adz as there wage bill is huge. I did read that Stan was going to inject some cash into the business over the weekend.

Who ever it is it's a worry. If a premier league team is losing such sums and need a loan, think what's happening lower down the pyramid.

Re: Premier League Giant losing £9m per Week

Posted: Mon Apr 20, 2020 7:53 am
by Long slender neck
But they still got their TV money.