Spurs borrow 175 million pounds as Covid-19 pandemic hits revenue | The Business Standard
Skip to main content
  • Latest
  • Economy
    • Banking
    • Stocks
    • Industry
    • Analysis
    • Bazaar
    • RMG
    • Corporates
    • Aviation
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
The Business Standard

Friday
June 13, 2025

Sign In
Subscribe
  • Latest
  • Economy
    • Banking
    • Stocks
    • Industry
    • Analysis
    • Bazaar
    • RMG
    • Corporates
    • Aviation
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
FRIDAY, JUNE 13, 2025
Spurs borrow 175 million pounds as Covid-19 pandemic hits revenue

Sports

Reuters
05 June, 2020, 05:15 am
Last modified: 05 June, 2020, 05:15 am

Related News

  • 10 more Covid-19 cases reported in country
  • Europa League final offers financial lifeline to struggling Man Utd and Spurs
  • Liverpool one win away from title, Leicester relegated, Ipswich almost down
  • Fuming Spurs boss Postecoglou sees future with AI referees after VAR intervention
  • Slot says everyone else did the talking for him on Tarkowski tackle

Spurs borrow 175 million pounds as Covid-19 pandemic hits revenue

The club said it estimated a revenue loss of more than 200 million pounds for the period until June 2021 due to the loss of income from matchday revenue, third party live events and other sporting events at their stadium.

Reuters
05 June, 2020, 05:15 am
Last modified: 05 June, 2020, 05:15 am
Tottenham Hotspurs stadium. Reuters
Tottenham Hotspurs stadium. Reuters

Conor O'Shea - Tottenham Hotspur have borrowed 175 million pounds from the Bank of England to ease the financial burden due to the loss of revenue amid the Covid-19 pandemic, the Premier League club said on Thursday.

The club said it estimated a revenue loss of more than 200 million pounds for the period until June 2021 due to the loss of income from matchday revenue, the third party live events and other sporting events at their stadium.

Spurs said the Tottenham Hotspur Stadium Ltd (THS) met the criteria for the government's Covid Corporate Financing Facility (CCFF) scheme to avail short-term loans and the funds will not be used to recruit new players.

The Business Standard Google News Keep updated, follow The Business Standard's Google news channel

"I said as early as March 18 that, in all my 20 years at the club, there have been many hurdles along the way but none of this magnitude," Spurs chairman Daniel Levy said in a statement

"The Covid-19 pandemic has shown itself to be the most serious of them all.

"It's imperative that we now all work together – scientists, technologists, the government and the live events sector – to find a safe way to bring spectators back to sport and entertainment venues."

The stadium, which cost one billion pounds to build, was set to host Saracens' annual 'Big Game' rugby fixture and Anthony Joshua's world heavyweight title bout against Kubrat Pulev as well as NFL matches later this year.

Football

Tottenham Hotspurs / English Premier League / Coronavirus

Comments

While most comments will be posted if they are on-topic and not abusive, moderation decisions are subjective. Published comments are readers’ own views and The Business Standard does not endorse any of the readers’ comments.

Top Stories

  • Infographics: TBS
    Lengthy legal road ahead to repatriate Saifuzzaman's wealth from UK
  • From fact-checker to fact-checked: CA Press Wing’s turn in the hot seat
    From fact-checker to fact-checked: CA Press Wing’s turn in the hot seat
  • Wreckage of a Boeing 787 Dreamliner showing part of its registration "VT-ANB" in Ahmedabad, India, June 12, 2025. REUTERS/Amit Dave
    Air India plane crash: Not all dead, one survivor identified, 204 bodies recovered

MOST VIEWED

  • Keir Starmer declines to meet CA Yunus: FT report
    Keir Starmer declines to meet CA Yunus: FT report
  • Wreckage of a Boeing 787 Dreamliner showing part of its registration "VT-ANB" in Ahmedabad, India, June 12, 2025. REUTERS/Amit Dave
    Air India plane crash: Not all dead, one survivor identified, 204 bodies recovered
  • Saifuzzaman Chowdhury. Photo: Collected
    UK crime agency now freezes assets of ex-land minister Saifuzzaman: AJ
  • File Photo of Chief Adviser Muhammad Yunus: UNB
    Prof Yunus to receive Harmony Award from King Charles today
  • Infofgraphics: TBS
    DGHS issues 11-point directive to prevent spread of Covid-19 in Bangladesh
  • Bangladesh Bank Governor Ahsan H Mansur. TBS Sketch
    Bangladesh mulls settlements with tycoons over offshore wealth: BB governor tells FT

Related News

  • 10 more Covid-19 cases reported in country
  • Europa League final offers financial lifeline to struggling Man Utd and Spurs
  • Liverpool one win away from title, Leicester relegated, Ipswich almost down
  • Fuming Spurs boss Postecoglou sees future with AI referees after VAR intervention
  • Slot says everyone else did the talking for him on Tarkowski tackle

Features

Among pet birds in the country, lovebirds are the most common, and they are also the most numerous in the haat. Photo: Junayet Rashel

Where feathers meet fortune: How a small pigeon stall became Dhaka’s premiere bird market

1d | Panorama
Illustration: Duniya Jahan/ TBS

Forget Katy Perry, here’s Bangladesh’s Ruthba Yasmin shooting for the moon

2d | Features
File photo of Eid holidaymakers returning to the capital from their country homes/Rajib Dhar

Dhaka: The city we never want to return to, but always do

3d | Features
Photo collage shows political posters in Bagerhat. Photos: Jannatul Naym Pieal

From Sheikh Dynasty to sibling rivalry: Bagerhat signals a turning tide in local politics

5d | Bangladesh

More Videos from TBS

Banks' estimates were wrong: Bangladesh Bank spokesperson

Banks' estimates were wrong: Bangladesh Bank spokesperson

3h | Podcast
What exactly happened to the ill-fated Boeing aircraft?

What exactly happened to the ill-fated Boeing aircraft?

4h | TBS World
Govt to set up Debt Office as loan burden to hit Tk29 lakh cr by FY28

Govt to set up Debt Office as loan burden to hit Tk29 lakh cr by FY28

5h | TBS Insight
Curfew imposed for second night in Los Angeles

Curfew imposed for second night in Los Angeles

5h | TBS World
EMAIL US
contact@tbsnews.net
FOLLOW US
WHATSAPP
+880 1847416158
The Business Standard
  • About Us
  • Contact us
  • Sitemap
  • Advertisement
  • Privacy Policy
  • Comment Policy
Copyright © 2025
The Business Standard All rights reserved
Technical Partner: RSI Lab

Contact Us

The Business Standard

Main Office -4/A, Eskaton Garden, Dhaka- 1000

Phone: +8801847 416158 - 59

Send Opinion articles to - oped.tbs@gmail.com

For advertisement- sales@tbsnews.net