Tribal Football

Tottenham take out massive new loan days after Levy exit

Tottenham take out massive new loan days after Levy exit
Tottenham take out massive new loan days after Levy exitTottenham/X.com

Tottenham have taken out a massive loan just days after chairman Daniel Levy's resignation.

Bloomberg says Spurs have taken a £90m loan out from Australian bank, Macquarie.

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Spurs have made the move to improve cashflow.

Tottenham have debts of £750m after financing their new stadium. They also spent a massive £173m during the summer transfer window, with the likes of Xavi Simons and Mohammed Kudus arriving.

It's reported Tottenham's new £90m loan has been made against future media rights revenues which are due from the Premier League during the current season.

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