In a joint statement, the club and council said that they would work together to regenerate the local area.
Haringey council has pledged £9m towards new and improved public spaces around the stadium and London Mayor Boris Johnson is adding a further £18m funding for the regeneration of north Tottenham, £6m of which will be invested via the council in highways and parking improvements and a district-wide heating and power scheme. The rest of the mayor’s investment will focus on public transport and infrastructure improvements.
For its part, Spurs is committing to its £400m Northumberland Development Project (NDP), and dropping any ideas of trying to move to the Olympic stadium.
Tottenham Hotspur chairman Daniel Levy said: “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 kick-start the long-term regeneration of North Tottenham.”
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.”
For details of the new stadium, click here
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