Tottenham plan new 60,000-seat stadium at the Lane

My Account
Logout

Create an Evening Standard Account

Use your social network

Save time by using your existing account to sign in to Evening Standard

We'll never share your information or post anything to your account without your permission

Welcome! Sign in here

Use your social network

Save time by using your existing account to sign in to Evening Standard

We'll never share your information or post anything to your account without your permission

Forgot your password ?

Registration

* indicates fields that are mandatory

Email *

Password *

Confirm Password *

First name *

Surname *

Postcode *

Country *

Mobile phone number

Username *

Gender *

Year of birth *

When you sign up...

You will have access to all our online competitions, discounted offers and can post comments on our site.

You will also receive The Weekender newsletter sent every Thursday - it’s full of fantastic offers and ideas for the weekend. You can update your email preferences in your account page when you log in.

Other newsletters and emails

Homes & Property Newsletter - Yes I want to receive the weekly email with all the latest news on property in the capital

Occasionally we would also like to send you relevant emails detailing specific offers either from ourselves or carefully selected partners. If you would prefer not to receive these then please tick the appropriate boxes below. We will never pass on your details.

I do not want to receive additional offers and information from the Evening Standard

I do not want to receive additional offers and information sent by Evening Standard on behalf of carefully selected partners

Terms and Conditions

* I have read, understood and agree to be bound by the terms and conditions of Evening Standard

Registration

Mail Sent for Registration Confirmation.

A confirmation email has been sent. Please activate your account by clicking on the activation link sent in your mail box.

After a fruitless search for alternative venues, including Wembley Stadium and the Olympic Stadium in Stratford, Spurs are to remain in N17 and build upon their existing ground.

But to raise cash for the project, the club will sell the stadium name to a sponsor.

"Unfortunately it's a function of modern day finance absolutely there will have to be naming rights," admitted chairman Daniel Levy. "It's going to be a new stadium so it won't be White Hart Lane. If we want things to progress, things have to change."

The club have negotiated deals for around 200 properties close to White Hart Lane for £44million. They are expected to be used as part of a development that will also include a club museum, new shops, restaurants and homes.

Spurs have previously been reluctant to commit to rebuilding in the area due to problems of transport, parking and access for fans on matchdays. Today's announcement provides few details as to how these issues will be overcome. As well as the naming rights, Levy said cash would be raised through "a combination of property deals, bank finance and innovative funding proposals".

Spurs will have to go through a consultation period with fans and residents before submitting a planning application to Haringey Council before the end of 2009.

Levy added: "We are determined not to undertake any project that undermines the financial stability we have worked so hard to create. After discussions with Council bodies, the London Development Authority, Transport for London and local and central government officials, redeveloping the site emerged as the most viable route."

Spurs are yet to settle on a figure for the estimated cost of the project. Arsenal's Emirates Stadium, which has a 60,000 capacity, cost £400m.

No completion target has been set but building work is unlikely to start before 2011. The club also expect to begin building a new 68-acre training complex in Enfield.