Tottenham Hotspur set to take a financial hit as NFL games in North London likely to be cancelled
The coronavirus pandemic has affected sports events all over the world. A number of them have been postponed while some others have been called off.
English teams too are bearing the brunt of the crisis as they struggle to deal with the looming financial crisis. It now appears as if Tottenham’s situation is likely to get worse.
According to the Daily Mail, Spurs are bracing for the loss of a pair of NFL games that are due to be played at the new stadium. The release of next season’s NFL fixture list is expected to confirm it in a setback that will cost the club in excess of £4million.
Spurs have a 10-year agreement to host two matches a season. Given the uncertainty surrounding international travel and mass events, hosting games in London this October is not considered feasible. The NFL is expected to complete its entire season in the United States of America.
The impending announcement is also a setback for the FA, who were due to hold two games at Wembley. It is, however, a bigger blow for Tottenham given the amount they invested in a retractable pitch which has only been used once. With the £637million debt of the stadium still to be repaid, the club’s position is not at all enviable.
The NFL season launch was postponed last month. The fixtures will be announced by May 9.
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Tottenham look set to be one of the teams worst hit by the financial crisis. With debts and outstanding transfer fees yet to be repaid, it is no wonder that the talk of Jose Mourinho not having any money to spend is doing the rounds.