Quote:
Originally Posted by Bagor
I'm just wondering how much their debt is going to play into things.
Of all the teams to be affected by Covid they've probably been hit the hardest.
Their 5 or 10 year financial plan regarding starting to pay that off has been hit hard twice by lost revenue which was a significant part of their plan. Not only from matchday revenue but also from their NFL agreement.
Not to forget that not only were they knocked back by Covid, they also lost most of a season's revenue prior to that with the stadium being completed wayyy behind schedule.
Thing I don't get is why hasn't he sold the naming rights to the stadium yet?
|
Covid came at a bad time but they are also in the best position going forward starting in the fall most likely.
The stadium is a huge draw in London and Europe, dont think a lot of north American fans get how different the stadia in europe are compared to what is built across the atlantic
Spurs stadium is no different than any recent nfl stadium, but the reason why so many of the wow factor reviews came out, from journalists especially, were because it's just not what they are used too.
So it is a destination stadium for not only the nfl but also concerts and other sports. Basically anything that used wembley in the past is now likely going to use the new stadium. The 2nd field surface also allows them to not have to limit events because theres no risk of damaging the main field.
Slava did a great job explaining the debt, how it's not an issue.
The naming thing has had a few rumors and it's probably a combination of a few things
Some journalists say Levy wanted to keep the clubs name on the field for the first year or two of the nfl agreement to raise awareness
After the super league was first announced theres some belief levy wanted to wait for that to go forward since the price would theoretically go up
Theres lots of smoke amazon may end up being the buyer when it happens