- Sep 19, 2017
Of course it is.Do you not think doubling our capacity, and probably more than doubling our total match day revenue isn't an investment in the long term?
It was an essential thing for Spurs to do, as it was for Arsenal once upon a time. It will mean that the club can keep up with the other top-6 longterm. It was the complete right decision; and the stadium seems great. I hope to visit it next season when you play us.
Its also essential for the price when Levy probably sells the club in a couple of years of course.
That was not what I reacted to, it was Glastons implied fact that Levy "invested" 1bn of his own cash into the project, which is just bollocks. The financing comes from admirably keeping your costs down over the last couple of years plus a gigantic debt facility for a club of your size and turnover; which you - like Arsenal - will be paying for a long time.
Thats like saying that the Glazers invested 1bn in United when they took over the club. You basically financed the stadium with the clubs own money. Which is fine by me btw.
Its still the complete right decision long term and again: the place looks great.