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THST News - October 2019

30/10/2019

 
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Updates on: 
Report from the Trust meeting with the Spurs Board
Farewell Wheel of Doom
Report from the THST Members’ Event – Who will think of the fans?
Driving to Tottenham on match days
Report from THST meeting with the Club’s catering team
THFC debt restructuring analysis
Report from the FSA Premier League Network meeting
Delays to December and January broadcast announcements
European Leagues advisory platform
Red Star Belgrade fans at the Tottenham Hotspur stadium
Advice for fans travelling to Red Star Belgrade away
Business and Community Liaison Group meeting
Meeting with Islington Council on ticket allocations for Cup games


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Red Star fans at the Tottenham Hotspur stadium

23/10/2019

 
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Following the Champions League home game against Red Star Belgrade on Tuesday evening, we’ve had lots of questions asking about the presence of away fans in the ground. Representatives of the Trust were in touch with Club officials during the match and have followed up subsequently. We think it’s helpful to set the information we’ve been given out clearly to both Trust members and the wider Spurs fan base.



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Driving to Tottenham on Match Days

22/10/2019

 
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​Along with many other match attenders, we noticed a paragraph in the email sent out by Spurs to ticket holders ahead of the Watford game referring to "reports of unauthorised match day car parks operating in the stadium area". It went on to say that "the Council and the Police have set up a task force group that are looking to close such sites down and fans using them have received penalty charge notices as a result." We've investigated further on behalf of members.


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THST meeting with THFC catering team

18/10/2019

 
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Trust Board member Rachel Martin met with George Robertson and Levi Harris from the Club to share feedback from the most recent THST catering survey, featuring your comments from the home matches against Inter Milan, Aston Villa and Newcastle. 
Broadly speaking, supporters expressed great satisfaction with the range of food on offer. There was also appreciation of the effort to meet various dietary requirements. Pricing for food and drink, the portion size for food and speed of food service is also rated highly.
It’s clear that some lessons have been learned from last season.


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Report from the Trust meeting with the Spurs Board on 8 October 2019

14/10/2019

 
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On the evening of Tuesday 8 October 2019, representatives of the Trust Board met with representatives of the Spurs Executive Board and senior Club staff for a scheduled 'Board to Board' meeting. The following notes from the session have been signed off  by both the Trust and the Club. 


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THFC debt restructuring analysis by THST

4/10/2019

 
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On 20 September, the Club announced that it had completed the refinancing of the bridging loans provided by three banks in 2017 to finance the new stadium build. The announcement was accompanied by an interview with Daniel Levy in the Financial Times (paywall). The existing debt of £637m was repayable in 2022. As the Club would be unable to repay this amount from current cash flows it was facing a financial cliff edge with the clock ticking (to coin a phrase). The refinancing is, therefore, good news and the publicised terms are better than we anticipated in our earlier analysis of the Club’s financials.




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As a voluntary, independent, not-for-profit organisation, THST relies solely on membership fees and donations to cover our running costs. All donations help us to deliver more for our members. 
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