- Feb 18, 2006
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No, you misunderstood me. I think it makes total sense to appoint an expert to secure a stadium sponsorship deal. However, when you fire that expert after a year with no deal on the table that isn't a signal that you were inundated with compelling offers.You're assuming that the reason Levy appointed someone to secure stadium sponsorship is a sign of a shortage of sponsors. It is just as likely to be a sign that there are plenty of potential sponsors and because it's always important to get the very best deal possible, it is worth paying someone to dedicate themselves to the process. In fact it is probably more likely that this is the reason than, as you suggest, Spurs are casting around for someone to help them out to prevent them from getting into financial trouble.
In finance of this order, a company like THFC with its advisers will know what finance is available and on what terms and will almost certainly have offers available. Not to do so would be gross negligence of an order that no serious business could ever contemplate at this stage of such a major development.
I'm not making assumptions but talking from experience. I think you're worries are misplaced.
I think the term finance will involve some form of securitisation of ticket sales, hence the need for season ticket holders to sign up for between 3 and 10 years.