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Tottenham want public funding for new stadium

Category: Headlines

Published: 20th Nov 2010 10:24:14

Tottenham chairman Daniel Levy has criticised the lack of public money that has been made available for the club's proposed new stadium.

Spurs are hoping to move from White Hart Lane to either a new purpose-built ground close to the current site or the Olympic Stadium in east London.

"This development has not attracted a penny of public money," said Levy, in regards to the new site in Tottenham.

"Arsenal and Wembley were both awarded public sector assistance."

He added: "These developments required substantial public sector intervention and assistance and would not have progressed without the injection of public sector money.

"Our development has the potential to kickstart regeneration in one of the most deprived boroughs in London, where land values are poor and yet no regeneration monies are available to it."

Earlier in the week, Tottenham's proposal to take over London's Olympic Stadium with AEG after the Games in 2012 was branded as "completely unacceptable" by UK Athletics (UKA).

Spurs and West Ham are the preferred bidders, with Levy's club intending to transform the east London arena into a 80,000-seater venue, but with the athletics track ripped out.

"Anything they might propose for an athletics legacy has to be a compromise to the stadium continuing to operate at a world-class level. To my mind that is completely unacceptable," added UKA chairman Ed Warner.

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BBC News, 2010. Tottenham want public funding for new stadium [Online] (Updated 20th Nov 2010)
Available at: http://www.ukwirednews.com/news/109554/Tottenham-want-public-funding-for-new-stadium [Accessed 2nd Sep 2014]

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