S3E12 | Tottenham’s £100m: What It Really Means
Update: 2025-10-09
Description
We're joined by football finance expert Ben White to unpack Tottenham’s £100 million capital injection from the Lewis family. We explain why it is being done as a share issue rather than a loan, how amortisation and PSR shape what Spurs can actually spend, the Macquarie cash-advance story, and why Chelsea’s model is risky. We also talk timing, ownership intent, January vs summer windows, and what success looks like over the next three to five years.
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