In order to reach this decision the Board reviewed the construction programme and future scheduled works programme along with the requisite funding arrangements for the new stadium. An announcement on funding will be made in due course.
Chairman, Daniel Levy, commented, "This marks a momentous day in our Club's history as it is the day we formally agreed the demolition of our beloved White Hart Lane.
“The Lane means a huge amount to each and every one of us and we needed to gain greater certainty on the delivery of the new stadium before we made the final decision to commence with the decommissioning of our iconic, historic home for some 118 years.
'We shall ensure that we give the Lane a fitting farewell when we play our last match here on May 14.
"Wembley will be our home for a season and then we shall return to what will be one of the best stadiums of its kind and the most unique in the world playing host to NFL games too – a stadium that will be key to our future growth and success.
"Both on and off the pitch this is an incredibly exciting time in the history of our Club.
“Our stadium scheme and associated developments represent an unprecedented level of private investment in North London. It has indeed been the kick-start to regeneration that this area of London has so badly needed and it is important that we now see the momentum we have created supported and expanded. Tottenham and its diverse cultures, rocked by two riots in 30 years, deserves to see progress and change.
“We are working hard to deliver greater economic benefits to those living right on our doorstep and to create a place where local communities can study, have new homes, find work and thrive.
“I am particularly proud that this announcement comes in a week that saw yet another Jobs Fair held by the Club - this time for Veterans of the Armed Forces - and that we can also mark this occasion with the announcement that we have to date delivered 1000 jobs as a result of our activities and investment.
“Post the riots in 2011 we committed ourselves to playing our part in the regeneration of Tottenham. The ripple effect from our stadium at the heart of regeneration plans across more than 120 acres is evident.
“I urge the Mayor, TfL and Haringey Council, to support our efforts and to provide a focus on Tottenham to ensure that this incredible opportunity that the stadium brings is maximised for future generations.”
The Club’s announcement of its 1000th job shows that the Club is well on its way to delivering and probably exceeding the original estimate of 3700 jobs being created by this investment. To date, the Club’s commitment to the local area has already seen the delivery of a 130,000 sq.ft. supermarket, a primary and a secondary school. Over 1000 mixed tenure new homes will be delivered by the Club by the time all the phases of construction are completed. The agreement to bring the NFL to Tottenham will drive further socio-economic benefits and bring a whole new audience to the area.
Further details on the Club’s socio-economic contribution to the local area can be viewed HERE...