Spurs debt is for their stadium though and probably had a business plan around it which meant it doesn’t overly affect their “football” performance.
The debt increased £100m in their last set of accounts, so they’re not covering the interest payments at the moment.
On paper, the stadium means the value of the club has increased and would cover the expenditure/debt. We’ve had to cash in on Doug, Duran and Ramsey because the rules do not recognise their paper increase in value.