The Mayor of London Boris Johnson has offered Tottenham Hotspur FC £17 million if it agrees to build a new stadium close to its current home.
The money would help meet the required planning game around the proposed site, designed to help regenerate one of London’s most deprived areas.
The Northumberland Park plans have been approved by Haringey Council and leader Claire Kober joined the mayor in urging the club to go ahead with the scheme.
Representatives from the GLA and Haringey Council yesterday met with senior Tottenham executives, including Chairman Daniel Levy, to lay the joint offer on the table that would see a raft of public realm and transport improvements made as part of a long-term regeneration package.
The Mayor’s package includes £5m for vital infrastructure and public realm works and £3.5m worth of funding to secure key improvements to transport links to and from the area at Tottenham Hale and White Hart Lane stations.
The offer means that the club would be relieved of all planning gain requirements typically associated with large scale developments. The Northumberland Park project now solely relies on a commercial decision by Tottenham Hotspur to go ahead with their proposals.
Mr Johnson said: “Tottenham Hotspur has long been an integral part of the community and by staying true to its roots the club now has the power to revolutionise an area of the capital that has been neglected for far too long.
“Last month’s riots were a telling reminder of just how important it is for Spurs to press ahead with the development at Northumberland Park and to help kick-start a much wider regeneration project that would create jobs and give Tottenham the economic boost it deserves.
“The club knows there is no more money available from the public purse and I sincerely hope that they accept the offer we have made. It is not just in the best interests of Tottenham Hotspur and the fans of this great London club, but of the wider north London community.”
The Mayor has pledged that as part of the GLA’s responsible procurement policy the project would seek to award contracts to local companies as far as possible and that firms involved in delivering the improvements would be required to take on apprentices from the local area.