A firm being investigated over "missing millions" meant to revamp League One side Northampton Town's ground spent £36,000 ($46,900) on tickets and hospitality for a Premier League football club, according to Precey & Sturdy of the BBC.
Accounts for 1st Land Ltd., run by Howard Grossman, "show the money was paid to Tottenham." The police are investigating the firm over "alleged financial irregularities" over the £10.25M ($13.3M) for the revamp.
A spokesperson for Grossman said that he "did not wish to comment." Northampton Borough Council loaned Northampton Town £10.25M to redevelop the East stand at Sixfields but the work "was never completed." There "is no evidence money from the council's loan (agreed in September 2013) ended up being spent on the Spurs tickets and hospitality, as 1st Land Ltd did receive a fraction of its financing from another source." A BBC investigation into 1st Land Ltd. found Grossman and members of his family "flew on a private VIP jet with members of the Tottenham Hotspur first team to watch a European match in Portugal" in March '14 (BBC, 9/20).
