The Facility will replace a £200m interim financing (the "Interim Financing") that was put in place in December 2015, of which £100m has been drawn to date. The Interim Financing provided funding for the Club whilst relocation, planning and development conditions were completed, to ensure the project remained on schedule.
Bank of America Merrill Lynch International Limited, Goldman Sachs Bank USA and HSBC Bank plc are the lenders under the Facility, and were also the lenders under the Interim Financing. In addition, HSBC are providing a £25m working capital facility to the Club as part of the new financing arrangement.