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Spurs mull stadium
November 17, 2011, Thursday
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Print Edition
Print Edition
ENGLISH premier League side Tottenham Hotspur is to go private, saying the cost of a stock market listing would be better spent helping expand its stadium. The club also said it swung to a 402,000 pounds (US$636,000) full-year pretax profit, helped by its run to the quarterfinals of the UEFA Champions League. Chairman Daniel Levy said "increasing the capacity of the club's stadium is a key factor in the continued development and success of the club and will involve the company in considerable additional capital expenditure".
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