Tottenham Hotspur have announced that they are to leave White Hart Lane for a brand new 60,000 seater stadium close to their existing site.
The club, who’ve been based in the London Borough of Haringey for the past 109 years, are planning to build their new stadium on land adjacent to the Lane. The scheme, named as the Northumberland Development Project, will include leisure facilities and housing.
Explaining more about the project, Spurs chairman Daniel Levy said:
The Northumberland Development Project will deliver a world class scheme and substantial new investment for Haringey and our supporters.
It represents a significant step in the growth of the club, with a proposed stadium capacity of 60,000 and would provide state-of-the-art facilities, important public space, new jobs and homes and a significant boost for the local economy.
It would also enable us to provide a new base for the Tottenham Hotspur Foundation so that its award winning programmes can continue and have an even greater impact in the local community.
Tottenham Hotspur is proud of its roots in Haringey. We have been in the Borough for 126 years and the club is inextricably linked with this part of London. We believe that this scheme has the potential to create a truly inspirational environment for the club and the community as well as acting as the catalyst for the uplift of the wider area.
The Tottenham board pushed ahead with proposals for a larger stadium with a season ticket waiting list of about 22,000 but were conscious of the importance of remaining in the Haringey area.
Other sites were considered but ultimately it was decided their current location, plus land adjacent to it, was the most suitable option.
Tottenham announced their plans whilst also releasing details of their latest financial results. For the year ending 30th June, turnover was up 11%, revenue was up from £103m to £114.8m with net debt of £14.6m though that figure includes property acquisitions.