Stadium gets go ahead

  • Please bear with us on the new site integration and fixing any known bugs over the coming days. If you can not log in please try resetting your password and check your spam box. If you have tried these steps and are still struggling email [email protected] with your username/registered email address
  • Log in now to remove adverts - no adverts at all to registered members!
Taken from the link:

Construction on a new supermarket and commercial space for businesses will begin in September and be built by 2014, while the stadium itself will be completed by 2016.

New homes will not be built until the current White Hart Lane stadium is demolished in 2016.
Click to expand...
 
2014 is my guess as to when stadium construction starts.

There's talk that even now there will be further amendments to the NDP, the listed buildings may be going, the stadium may be going up from its present 56,000 capacity. there's this walkway biz, something about a podium, maybe a square, lots of detail that I don't know.

However, it seems the concessions granted yesterday are the proverbial 'deal maker' and it is now all systems go. I think, having got this far, that the stadium will be built.

My completely uneducated guess would be that Spurs only need to find £50m max to get the stadium underway, which surely they can do. The supermarket I guess won't be funded by us, and presumably the land it's on, has already been bought by us. We've already spent tens of millions on buying up huge swathes of land, so that cost has already been accounted for, somewhere, somehow.
 
PISKIE said:
A new stadium is a Pandora's box for any club. When we built Emirates, a huge proportion of the revenue from the stadium was designed to come from corporate supporters. You can't expect 60,000 'cheap' tickets to meet the revenue demands of a new build and gate profit increases, even if Spurs do secure some local development funding for the development.

It's no secret that clubs like Arsenal have attracted some fairweather fans. A combination of expected success, a big new stadium and some less than die hard fans who expect to be entertained before they start cheering on the team. Also you have to remember that in a new build, incorporating existing fans and more corporate and day visitor fans is a mix that can affect the atmosphere.

If Spurs do build a new stadium, my one bit of advice to the club would be to ensure that the people who populate the sections WHL that generate the signing, are given first refusal to sit together in the new stadium.
Click to expand...

Also noted that the S106 agreements have been waived saving Spurs £16m and the need for affordable housing to be incorporated into the development.

Very generous of Haringey council - most developments of this size would insist that the developer contributes to community development in the process and Tottenham is an area badly in need of regeneration.

http://www.regen.net/Housing/login/1117002/
 
Brilliant news. In reference to the funding that people have mentioned, are we not looking for a Stadium name sponser for something very long term ie 20 or so years? sureley this would account for a very large portion of the 400million quoted in the article?
 
Spursguru said:
Brilliant news. In reference to the funding that people have mentioned, are we not looking for a Stadium name sponser for something very long term ie 20 or so years? sureley this would account for a very large portion of the 400million quoted in the article?
Click to expand...

Exactly, god it seems like a long time ago that we were debating potential naming-rights partners back on the old 606 - just shows how much red-tape we've had to wade through.
 
PISKIE said:
Also noted that the S106 agreements have been waived saving Spurs £16m and the need for affordable housing to be incorporated into the development.

Very generous of Haringey council - most developments of this size would insist that the developer contributes to community development in the process and Tottenham is an area badly in need of regeneration.

http://www.regen.net/Housing/login/1117002/
Click to expand...

Well done for highlighting what anyone who had read the linked article would have read for themselves.

From the council's decision it would appear that they need THFC more than they need affordable housing - common sense prevails.
 
Wandering Yid said:
Exactly, god it seems like a long time ago that we were debating potential naming-rights partners back on the old 606 - just shows how much red-tape we've had to wade through.
Click to expand...

Back in the good old days! could be worth a new article on here. Obviously £££ will be the main consideration for the name, but I do hope there is a bit of filtering involved. The Adidas Arena or something like that.... I bet we get something awfull though.... the KFC stadium... <grr>
 
Spursguru said:
Back in the good old days! could be worth a new article on here. Obviously £££ will be the main consideration for the name, but I do hope there is a bit of filtering involved. The Adidas Arena or something like that.... I bet we get something awfull though.... the KFC stadium... <grr>
Click to expand...

Done
 
Naming rights will be important of course, but so will be lots of other revenue earners.

I assume the £400m cost is for the whole project, and much of that will be borne, I assume, by the supermarket, the housing that's sold, etc.

Probably the whole thing will end up costing more than £400m but the stadium is just part of what is an enormous regeneration of the whole area, including transport upgrades.
 
There are some opposition fans claiming that our subsidies are 'anti-competitive' and apparently complaints are being lodged with Boris, the EU, the govt, whoever. There was, of course, that famous petition as well :)

It seems to me that the subsidies are for the area not directly to the club, and that even improvements that could be argued to be 'stadium (club) specific', are actually to benefit the whole area, and so we're safe on the 'anti-competitive subsidies' arguments. Doubtless, lawyers have been involved to check these possible grounds for concern. (Deliberate pun BTW :)
 
PISKIE said:
Also noted that the S106 agreements have been waived saving Spurs £16m and the need for affordable housing to be incorporated into the development.

Very generous of Haringey council - most developments of this size would insist that the developer contributes to community development in the process and Tottenham is an area badly in need of regeneration.

http://www.regen.net/Housing/login/1117002/
Click to expand...

What happened to all this talk about how much Levy cares about the community?

Spurs is abandoning a promise to invest £16 million in the riot-hit Tottenham community in a bid to salvage plans for a new £400m stadium.
The football club, which made a £32.3 million profit last year, says a 60,000-seat arena is &#8220;not financially viable&#8221; if it has to fund a regeneration package that includes 100 affordable homes and a £1.2 million donation to local schools.
Click to expand...

For shame!
 
Wumpole of the Bailey said:
What happened to all this talk about how much Levy cares about the community?



For shame!
Click to expand...

Levy's job is to look after Tottenham Hotspur. Boris and the council have the job of looking after the Tottenham area. If they think the deal is in everyone's best interest, then who are we to doubt it?
 
Spurs have done massive amounts of work and injected tens of millions into the area, via the Tottenham Foundation.

We've been amongst the most generous clubs in the country re our charitable work to help the local community, I would bet that we have injected more community money into our area, than Arsenal, West Ham or Chelsea have done.

It's one of the reasons I was so disaapointed with the council for trying to get us to improve the area via the s.106 amendements, housing plans. etc. We've already done way more than our fair share, time for the council and other authorities to give something back to what is the local area's greatest asset. Not that they are giving us any money directly, rather they are helping to make the local area and stadium the success that Tottenham and Harngey needs it to be.
 
You must log in or register to reply here.
Top Bottom
Back