The following announcement has been made to the Stock Exchange this morning on the proposed de-listing of Tottenham Hotspur plc.
Commenting on the proposed de-listing, Daniel Levy, Chairman of Tottenham Hotspur plc, said:
"It is clear to us that 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. Given this requirement, we believe that the AIM listing restricts our ability to secure funding for its future development. We are ambitious for the Club and have always taken the steps that we believe to be in its best interests."
To read this announcement in full, please CLICK HERE (to pdf)...