Spurs secure stadium funding

Tottenham scrapped their plan to challenge West Ham to become

the tenants of the Olympic Stadium in Stratford and have instead

committed themselves to their original plan for a new stadium known

as the Northumberland Development Project (NDP).

Under the NDP plan, Spurs aim to build a 56,000 seater stadium

adjacent to their current home, which has a capacity of 36,000.

Tottenham had experienced problems in getting funding from the

London Mayor Boris Johnson and Haringey council to regenerate the

area around the proposed new stadium, but that obstacle has been

overcome with Tuesday’s announcement of a £27million support

project.

Haringey council will invest £9million towards new and

improved public spaces around the stadium and Johnson has committed

£18million to the regeneration of north Tottenham.

Spurs chairman Daniel Levy said in a statement: “As a major

employer and business in the area we are delighted with this

commitment from the Mayor and Haringey Council.

“We have long said we could only invest in the area if we could

see our commitment supported by others and that there was a real

need to maximise the regeneration benefits and lift the wider

area.

“We therefore see this as a commitment from the public sector to

the Tottenham area and one which strengthens our ability to deliver

a new stadium scheme with the potential to kickstart the long-term

regeneration of north Tottenham.”

As part of the club and the council’s commitment to work

together, both parties have entered into a Memorandum of

Understanding which sets out the intentions of each to support

delivery of the NDP.

Haringey Council leader Claire Kober said: “We have said all

along that we are eager to support Spurs in their efforts to stay

in Tottenham. They’re a great club, with a great history in a great

area which really wants them to stay.

“We are investing in the regeneration of Tottenham and

supporting Spurs’ Northumberland Development Project because we

know that together we can bring new employment opportunities to

Tottenham, significantly improve the area and attract investment

for a successful and sustainable future.”

Around £3.5million of the mayor’s £18million support

package will be spent on upgrading parts of nearby Tottenham Hale

station.

The club gained planning permission for the NDP in October

2010.