1. AssumingTottenhamHotspurscontinue in their current stadium following their current player strategy:

1. Perform a DCF analysis using the cash flow projections given in the case. Based on this DCF analysis, what is the value of theHotspurs?
2. Perform a multiple analysis. Based on the multiples analysis, is the value ofTottenhamany different?
3. At its current stock price of13.80, isTottenhamfairly valued?

2. Using a DCF approach, evaluate each of the following decisions:

1. Build the new stadium
2. Sign a new striker
3. Build the new stadium and sign a new striker

3. Based on the results from 2, select a best choice and provide a logical argument to support it.