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Tuesday May 3, 2016
In the last Tottenham auction held in April, we traded 0.72% of the estimated free float of the shares in issue (i.e. those shares not held by club insiders and directors).
Over the same one month period that the auction was open, the two other British football clubs that are traded on public UK markets achieved less trading volume as a percentage of free float. We think this presents a compelling case for the auction-based liquidity that we provide.