- Aug 13, 2005
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There is a hotel company registered at Lilywhite House, usual suspects as directors and operates as a company for construction and ownership of the hotel on behalf of the Tottenham Hotspur Group . No idea if the revenue counts but the more Spurs earn in theory the more they could spend.
Only guessing but would think long term loans would be secured from banks and investors to build the hotel , as someone pointed out banks will lend money to build infrastructure but they will not lend money to sign a star striker.
TOTTENHAM HOTSPUR HOTEL LTD filing history - Find and update company information - GOV.UK
TOTTENHAM HOTSPUR HOTEL LTD - Free company information from Companies House including registered office address, filing history, accounts, annual return, officers, charges, business activityfind-and-update.company-information.service.gov.uk
I suspect they’ll get planning and sell the site off to a developer rather than partner up with one. They’ve zero experience of carrying out such a scheme. If they did it I’d be concerned as to how close the two companies are. I would hope they would split them out completely to tell you the truth to protect the club. A hotel and resi development in an area of London with pretty low demand for 365 days of the year is as risky as you can get.