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STADIUM UPDATE

Posted on 6 May 2008  - 12:00

In the Club's 2007/08 interim financial statement we indicated that we would report on the outcome of our appraisals and our preferred option in respect of an increased capacity stadium by the end of June. However, following the latest appraisal, it will now not be possible to make an announcement within that time frame.

In the Club's 2007/08 interim financial statement we indicated that we would report on the outcome of our appraisals and our preferred option in respect of an increased capacity stadium by the end of June. However, following the latest appraisal, it will now not be possible to make an announcement within that time frame.Chairman, Daniel Levy, said, “The difficulties with seeking a solution to our need for increased capacity are significant, they include low residual land values within the Tottenham area which in turn makes enabling development less feasible, along with a limited number of suitable alternative sites within London, all of which require land assembly.

“I am determined that we shall work towards a successful outcome and a project of this nature and importance cannot be hurried.

“On a point of clarity, we have taken no decision on whether or not to expand White Hart Lane and we continue to review and keep our options open.

“I appreciate that supporters are keen for news on the future of the stadium and felt that it was important to provide an update.

“I shall, of course, keep you fully appraised of any developments in the coming months.”