Spurs face £852MILLION of loan repayments to cover cost of their new stadium

first_imgTOTTENHAM will have to fork out £852MILLION in loan repayments to cover the cost of their new stadium.According to their latest set of accounts, the North Londoners must pay back the staggering sum which relates to cash borrowed to build the 62,000-seat arena.7 Tottenham face a staggering £852m in loan repayments to cover the cost of their new stadium7 Daniel Levy oversaw the project which has led to far greater matchday revenues for the North LondonersThe total repayment includes a whopping £215m in interest which puts the overall liability at just over £852m.As well as using some of their own cash reserves, Spurs initially borrowed £637m from Goldman Sachs, Bank of America Merrill Lynch and HSBC to cover the stadium project.Before chairman Daniel Levy refinanced £525m of that debt into a long-term bond scheme last September.Official documents show the average length of all remaining stadium related loans – some of which run until 2050 – is 23 years with an interest rate of 2.66 per cent APR.7Figures in the latest accounts for Tottenham Hotspur Stadium Ltd to 30 June 2019 show the club must pay back an average of £37m-a-year until 2042 to pay off the full amount.However, the North Londoners have the option of making interest only payments for the first ten years of the arrangements.To put the £37m figure into context, over the past five years prior to the most recent January transfer window Spurs have had a net transfer spend of approximately £21m-a-season.But although the sums sound huge, the repayments will be more than manageable thanks to the huge increase in matchday revenue the new stadium has brought compared to old White Hart Lane.Spurs average around £5m-revenue-per-home-game in the new ground meaning their matchday takings look set to well exceed £100m-a-year for the foreseeable future.These numbers are more than DOUBLE the £45.3m matchday revenue the club bagged in 2017 – the last season at their old stadium.MOST READ IN FOOTBALLTHROUGH ITRobbie Keane reveals Claudine’s father was ’50-50′ in coronavirus battleTOP SELLERGavin Whelan has gone from League of Ireland to David Beckham’s InstagramI SAW ROORodallega saw Rooney ‘drinking like madman’ & Gerrard ‘on bar dancing shirtless’PicturedAN EYEFULMeet Playboy model and football agent Anamaria Prodan bidding to buy her own clubExclusiveRIYAD RAIDMan City’s Riyad Mahrez has three luxury watches stolen in £500,000 raidNEXT STEPJonny Hayes set to move to English Championship having been let go by CelticKEANE DEALEx Man United youth ace David Jones says Roy Keane negotiated a contract for himREF RELEASEDChampions League ref Vincic released by cops after arrest in prostitution raidAnd that is without taking into account other hosted events like the NFL and Anthony Joshua’s postponed fight with Kubrat Pulev which also bring in extra cash.However, as a result, the current sporting blackout brought on by Covid-19 is hitting Spurs hard as their business model relies heavily on such income.Tottenham valued their impressive new home at £1.1billion in the latest accounts.7 Various loans were consolidated as part of a refinancing package7 Spurs value their 62,000 seat arena at £1.1billion7 The loans run for an average period of 23 years from 2019 – with some going until 20507Oliver Dowden announces plans to bring back live sport as spread of COVID-19 slowslast_img read more

Atlético de Madrid is choked by the greats

first_imgEI Athletic play tomorrow against Valencia, a direct rival in the fight for positions Champions. The team of Simeone he managed to finish last day in fourth place and now he would play Champions League, the great goal of the club at each start of the season. Now visit the complicated fief of Mestalla and he needs to keep winning to establish himself in these first places. And the numbers are not very favorable to the Simeone team, who does not know how to win the big ones. Atlético has not defeated this campaign to any of its direct rivals for the important positions in the table: Real Madrid, Barcelona, ​​Seville, Valencia and Real Sociedad. The rojiblanco team has not won any of the matches that faced them.Before Real Madrid the balance is a draw and a defeat. The draw came in the clash of the first round in the Wanda Metropolitano. In the meeting of Santiago Bernabeu, Madrid won 1-0 and broke a streak of several years in which Atlético did not lose in Madrid’s feud in the league tournament. Against Barcelona, ​​Atlético lost by the minimum, 0-1, in a match that decided Messi with a great goal in the 86th minute of the match. Atlético made a great first half, had many occasions, but Barcelona escaped alive again from the Wanda Metropolitano. Against Valencia, his next rival, tied for a goal in the rojiblanco stadium. A game that Atlético had very dominated but that was complicated in the final minutes. Framework Diego Costa, of penalty, but tied Equal in the 81st minute and Atlético had to settle for a point. Against Sevilla, a new draw for a goal in a match that the Madrid team had to win. He started losing but tied Morata. Diego Costa missed a penalty and the last play of the game was controversial with the rojiblancos asking for a penalty, since the Sevilla player Koundé He held the ball with his hand on the same goal line.Before Real Sociedad, another rival who aspires to enter the Champions League, Atlético fell defeated on the fourth day. It was the first red and white stumble this season. The Cholo team could get ahead, did not and ended up losing 2-0.In total, six games against the greats, with no wins, three draws and three losses. And what is more worrying, with only two goals in favor. And six against. Of the top teams, Atlético did beat the Getafe, who occupies the third position.Last year the numbers were similar. He could not win at Barcelona (tie at home and defeat away) or at Madrid (draw at Bernabéu and defeat at home) or at Sevilla (tied both). Against Valencia he tied for Mestalla and won at home 3-2. A match won from eight. Yes, he won the two he played against Real Sociedad.last_img read more

Picture: Arsene Wenger on a ‘Wanted’ poster for refusing to leave Arsenal

first_img2 We might be seeing these Arsenal banners for a little longer Arsene Wenger has no plans to leave Arsenal before his contract is up, he revealed.This season the manager has come under pressure from many fans who want to see his 20-year reign end.Banners demanding he go have been seen at various games this season, but the Frenchman isn’t going anywhere until his contract finishes in 2017.When asked about his future ahead of the West Brom game, which is live on talkSPORT on Thursday 21 April, he said: “I do not want to come back on that, I always respect my contract.”In addition, Arsenal are bracing themselves for their lowest attendance since leaving Highbury, with some reports claiming the Emirates will be short by as many as 20,000 fans.center_img 2last_img read more

Safety matters with FVC’s Young Enterprise Programme 2018

first_imgFifth class primary school students in the Finn Valley area are experiencing what it’s like to be their own boss and run their own business in an annual enterprise programme organised and run by Finn Valley College. Over the past 4 years, this exciting programme has taken on some twists and this year is no different. Safety is the theme and 5th class students have certainly stepped up to the challenge of bringing innovative products and services to prototype stage with the aim of reducing the amount of incidents in relation to fire/water/roads etc.The programme helps students to understand essential life skills associated with running a real enterprise including working as part of a team, managing production and finances, organising a sales and marketing campaign and liaising directly with customers and judges. Finn Valley College business students and their teacher Ashlean Mc Geehan have been mentoring the primary school students over the past 6 weeks. In that time, they have seen some remarkable ideas with high levels of innovation, ingenuity and clever sales pitches. The young people have displayed great levels of confidence in presenting their reports, showing that they have developed self-confidence as they work their way through the different stages of their business. Introducing enterprise to younger students in such a relevant fashion can only help to create more entrepreneurs in the future. Ms McGeehan had some very tough decisions to make in the past two weeks selecting the top teams to go through to the final stages of the competition. The successful teams, representing their primary schools, will compete against each other in Finn Valley College on Friday 23rd February where they will pitch their ideas/businesses to a panel of three judges in Dragons Den style. There will be loads of surprises on the day for all students involved. The mentoring team wished them all the very best of luck!View the gallery below to see some of the enterprising students taking part in 2018: St. Marys CastlefinnScoil Mhuire Gan Smal LiffordSt. Marys CastelfinnScoil Mhuire Gan Smal LiffordScoil Bhride ConvoyScoil Bhride ConvoyGleneely NSGleneely NSGlencovitt NS with Ashlean Mc GeehanFinn Valley College students Emily and Marie presenting to primary schoolsDooish NSDooish NSSafety matters with FVC’s Young Enterprise Programme 2018 was last modified: February 19th, 2018 by Rachel McLaughlinShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window) Tags:BusinessDragon’s DeneducationEnterpriseFinn Valley CollegeschoolsYoung Enterprise Programmelast_img read more


first_imgTHE taxi regulator has seized two vehicles in a weekend operation in Letterkenny.The cars were taken off their owners for alleged breaches of taxi regulations.Letterkenny District Court heard the regulator had now agreed to release the vehicles back to their owners after the investigation. Solicitor Frank Dorrian applied to the court for the return of the vehicles.Meanwhile we understand several other investigations are underway in other areas of Donegal into allegations that illegal taxis are operating.A number of intelligence-led operations have been underway in Inishowen in recent weeks.TWO TAXIS SEIZED IN REGULATOR SWOOP was last modified: September 29th, 2015 by John2Share this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window) Tags:letterkennyTaxi Regulatorlast_img read more


first_imgMany people don’t want to wear glasses, and it’s a well-known fact that self-esteem is closely linked to physical appearance.So much so, that if you don’t feel happy or confident wearing glasses, then it can affect your personality, performance at work or even your involvement in sporting activities.Brady Opticians, Donegal Town make wearing contact lenses simple. If you’re already a contact lens wearer, or even if you have never tried them before, Brady Opticians will make certain that they find the right contact lenses for you including toric lenses for astigmatism and multi focal lenses for presbyopia.Throughout the process they help their patients choose the right contact lens to suit their lifestyle and needs, by offering honest impartial advice, and as an independent optician, they are able to source practically any contact lens in the marketplace, whether that be for occasional use such as playing sport or for full time use.Their aim is to ensure that all patients leave their practice happy and confident in their newly found freedom from glasses, and at a price that suits their budget.Brady Opticians are constantly striving to offer their patients exceptional value in contact lenses. By availing of their lenscare payment options, the wearer can reduce the cost of wearing contact lenses.Using this method, patients can avail of even greater savings including free contact lens check-ups and free replacement contact lenses should a contact lens be lost or torn.With advancements in technology, new designs are becoming available every day, meaning that most people are now able to wear contact lenses, even those who have tried unsuccessfully in the past.For more details and to discuss contact lenses as a method for correcting your vision please contact Brady Opticians on 074 9721727, your local contact lens specialists.Special offer; enjoy Alcon Dailies AquaComfort Plus contact lenses for 30 days (1 month supply) for only €30 at Brady Opticians. Terms and conditions apply, please see in store or visit http://www.bradyopticians.com /special-offers/ for details.ENJOY FREEDOM WITHOUT GLASSES AT BRADY OPTICIANS – YOUR LOCAL CONTACT LENS SPECIALISTS was last modified: December 2nd, 2014 by Mark ForkerShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window)Tags:Bradys OpticiansBusinesshealthnewslast_img read more

Humboldt State football ready to go for season opener against Carson-Newman in Tennessee

first_imgARCATA >> When Rob Smith took over as Humboldt State’s head football coach, he wanted to make the Jacks’ presence felt on the national level.That doesn’t mean just being ranked nationally on a weekly basis. It involves playing high-level competition outside of the Great Northwest Athletic Conference.Humboldt’s 2016 season opener checks that box — with authority.The first Division II football game to be played this season has everything that Smith desires, as his 13th-ranked Lumberjacks have …last_img read more

Smuggling SA into a blockbuster

first_imgSharlto Copley as arch villan Kruger in ‘Elysium’By Anne Taylor2 September 2013In an interview with Tymon Smith in the Sunday Times this weekend, actor Sharlto Copley confesses to smuggling an Afrikaans nursery rhyme into “a $100-million Hollywood popcorn film”.Copley plays the villian, Kruger, in Elysium, which is currently on circuit in South Africa. Directed by fellow South African Neill Blomkamp, Copley says the nursery rhyme scene “is the kind of scene where US audiences will all be terrified and South Africans will probably laugh or perhaps at least feel a perverse sense of pride that Neill and I smuggled it in there.”“I must say that I did get to sing an Afrikaans nursery rhyme in a $100-million Hollywood popcorn film – I won’t say which one – and I think South Africans should go and see the film for that reason alone. Do you know how difficult it was for us to pull that off? It may never happen again in our lifetime.”Copley starred as Wikus, the unlikely hero in Blomkamp’s 2010 Oscar-nominated film, District 9. “For me, at a deeper level,” Copley says, “Wikus represented what I and other white South Africans had done – doing the right thing morally and ethically for the country and giving up a position of the ultimate power with nuclear weapons.”This time around, he stars alongside Matt Damon to play the villian, Kruger. While he says he and Blomkamp joke that “we may be undoing all the goodwill we got for white South Africans around the world for through the Wikus character”, they chose the South African as it gave the role something new.“I also tried to give Kruger a kind of dark charisma and a twisted sense of humour, so hopefully people will see that and my friends from the South will forgive me that he had to be the villian in this one.”last_img read more

WTO Reforms: India Readies Counter To US, Set To Float Paper That Could Stir The Davos Pot

first_imgIndia is likely to float a proposal aimed at reforming the dispute settlement mechanism, rule-making and transparency requirements at the World Trade Organization (WTO) on Friday. The proposal will be floated at the informal ministerial gathering at the ongoing World Economic Forum meeting in Davos. Read it at Economic Times Related Itemslast_img

Kohli returns for RCB ahead of clash against MI,Kohli returns for RCB ahead of clash against MI

first_imgThe Delhi batsman has been declared fit today by BCCI Medical Team and will look to boost the confidence of the team. cricket India captain Virat Kohli will return to bolster Royal Challenger Bangalore (RCB)’s campaign when they take on arch-rivals Mumbai Indians in the Indian Premier League (IPL) here tomorrow.Kohli had to undergo rehabilitation after sustaining an injury to his right shoulder while fielding during the third Test against Australia in Ranchi and he has been missing in action ever since.However, the Delhi batsman has been declared fit today by BCCI Medical Team and will look to boost the confidence of RCB, who lost two out of the three matches that they have played so far in his absence.Kohli, who had dropped hints of making a return after posting a video on his Instagram account of his gym session on April 11, did some fielding drills during the team’s net session, yesterday.Last year, Kohli had scored a staggering 973 runs in 16 matches with four centuries to guide RCB to the finals against Sunrisers Hyderabad and he would look to improve Bangalore’s current sixth place standing on the points-table.In Kohli’s absence, AB de Villiers made his presence felt as he smashed his way to an unbeaten 89 off just 46 balls to help RCB post a respectable 148-4 on his comeback match after recovering from an injury.The single-handed show by the South African, however, couldn’t save the blushes of his team as RCB went down by eight wickets to Kings XI Punjab in their last match.The poor form of Chris Gayle is also a concern for RCB. The West Indian power-hitter has been struggling to carve out big scores, which is reflected in his failure to score even one half century in his last 10 innings.Gayle will be hoping to make a comeback in the team, especially after being dropped in the game against Punjab.RCB also lost India batsman Lokesh Rahul for the entire tournament owing to an injury and the talented Sarfaraz Khan too hurt himself on the field during a practice match ahead of the tournament.Kedar Jadhav, meanwhile, has showcased his utility by slamming a 37-ball 69 to help his side score 157 runs during a 15-run win over Delhi Daredevils. He also hit 31 in the opening match against Sunrisers Hyderabad.Among bowlers, seamer Billy Stanlake and spinners Yuzvendra Chahal and Pawan Negi have been among wickets.Mumbai, on the other hand, so far have two wins and a loss in the tournament to be placed at the third position on points-table.Mumbai Indians dominated with both bat and ball to defeat Sunrisers Hyderabad by four wickets yesterday. Mumbai restricted SRH to 158-8 in 20 overs and then achieved the target in 18.4 overs losing six wickets along the way.Nitish Rana has been the most successful batsmen for Mumbai as he returned with scores such as 34, 50, 45 in the last three matches.The top order has been among runs with openers Parthiv Patel and Jos Buttler giving Mumbai good starts.Hardik Padhya delivered in first two matches with the bat while brother Krunal was in business with the ball against KKR and Hyderabad.With Kireon Pollard not in good form, Mumbai might look to give Asela Gunaratne a chance. Gunaratne can bowl decent medium pacers and also chip in with vital runs with the bat, like he did against Australia in the T20 series. Lendl Simmons too can come in handy.Among bowlers, Jasprit Bumrah, Harbhajan Singh, Lasith Malinga and Mitchell McClenaghan were among wickets in last match. Ashish Nehra too struck the first blow when he bowled Buttler with the first ball of the 4th over in the last match.Teams:Mumbai Indians: Rohit Sharma (c), Parthiv Patel (wk), Kieron Pollard, Tim Southee, Jos Buttler (wk), Ambati Rayudu, Mitchell McClenaghan, Nitish Rana, Jasprit Bumrah, Hardik Pandya, Krunal Pandya,Harbhajan Singh, Mitchell Johnson, Lendl Simmons, Vinay Kumar, Saurabh Tiwary, Karn Sharma, Krishnappa Gowtham, Siddhesh Lad, Nicholas Pooran, Shreyas Gopal, Jitesh Sharma, Deepak Punia, Jagadeesha Suchith, Kulwant KhejroliyaRoyal Challengers Bangalore: Shane Watson (capt), Chris Gayle, Mandeep Singh, Kedar Jadhav (wk), Travis Head, Sachin Baby, Stuart Binny, Tymal Mills, Sreenath Aravind, Aniket Choudhary, Yuzvendra Chahal, Pawan Negi, Harshal Patel, Adam Milne, Iqbal Abdulla, Samuel Badree, Avesh Khan, Tabraiz Shamsi, Praveen Dubey, Billy Stanlake.Match starts 4pm IST. COMMENT April 13, 2017 RELATED × Royal Challengers Bangalore Captain Virat Kohli during a practice session at Chinnaswamy Stadium in Bengaluru.   –  PTI COMMENTS SHARE SHARE SHARE EMAIL IPL 2017 Virat Kohli eyeing comeback against Mumbai Indians on Apr 14 Published on Royal Challengers Bangalore Captain Virat Kohli during a practice session at Chinnaswamy Stadium in Bengaluru.   –  PTIlast_img read more