Spurs have extended their stadium loan to £500million to cover the rising costs of the delayed construction.
Senior sources close to the stadium build have confirmed the club has extended their line of credit by £100m to cover rising costs.
The club signed a £400m, five-year loan with Bank of America Merrill Lynch, Goldman Sachs and HSBC, to finance the construction in May 2017.
Since then, the state-of-the-art 61,500 capacity stadium build has got behind schedule after being hit by delays caused by faulty wiring affecting critical safety systems.
The stadium was intended to open for the game against Liverpool on 15 September.
It is understood the faults have still to be completely resolved. A club spokesman wouldn't comment on club finances, but added: 'Every day sees progress in terms of the systems.'
But a source close to the build said: 'There are literally thousands of miles of wiring to cover, in order to find the faults. Some of the wiring has been built over.'
The ongoing delays have increased the likelihood that the stadium may not be ready to host football matches until the Spring - pushing up construction costs further.
The additional loan facility would help the club cover any additional costs.
The £400m loan announced last year, replaced a £200m interim financing that was put in place in December 2015.
Chairman Daniel Levy admits costs have 'definitely risen' with the club due to give an update and a new opening date at the end of the month.
Speaking to a recent club supporters' trust meeting, Levy admitted the delays were not just the fault of one contractor.
The minutes of the meeting said: 'DL (Daniel Levy) confirmed they were down to several contractors.'
If the club were to draw the full £500m loan facility, it would give the club the biggest debt of any club in Europe.
According to this year's UEFA Club Licensing Benchmarking Report, Manchester United currently has the highest net debt among European football clubs, standing at £487m.
Chiratopher
0
No signings next season either so.
likewise
1
They've only got the trophy room to complete now apparently. Errr... maybe they could do without one for a good while yet though, eh.
Curry3030
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On the plus side they saved money on the trophy cabinet - Trophy Dodgers FC
weepring
1
Spurs will begin to crumble on the field of play in the next couple of seasons. Their top players will see no improvement and NO trophies and will leave, the sales from these top players, will not all go towards top quality new players, but lesser players and towards servicing the huge debt! Spurs will begin to slip out of top 4 contention, and back to mid table.
Bromenshenkel
2
I guess we won't be signing any new players in the next window either. Keep up the good work, Levy.
wulover
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Old components to this news. Inaccurate reporting - it's been a capacity of 62,062 for months. Surely this reporter wasn't paid money for this?
ingenious
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In respect of the stadium, it's important to remember that these stadia are there for typically 4 or 5 generations (Arsenal for example are stuck with their old design for the lifetimes of their current fans, their children, grandchildren and great grandchildren etc,) and Spurs Board are making sure that every component is leading edge - for our benefit. West Ham are doomed to forever rent a binocular-requiring athletics stadium, no way back. Chelsea's owner is leaving and the new stadium has disappeared, if and when it is back on the drawing board they face 4 years away from home at Wembley.
Panderee
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And will this stadium be in fifa 19 I don't want to play at wemply
Panderee
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When are we moving in?