Tottenham Hotspur has further committed itself to the execution of the Northumberland Development project which it presented three years ago. The project entails the construction of a 55,000-seater stadium, built adjacent to Tottenham’s current ground White Hart Lane, along with a regeneration project for the Tottenham area.
After presenting its plans three years ago the club went off on a tangent bidding with West Ham to become the occupant of the 2012 Olympic Stadium, however after their bid failed, the club is now moving forward with their previous plans.
Essential for the realisation of these plans is to secure public as well as private funding for the £400 million project. A first step was taken at Tottenham’s recent AGM when its shareholders approved de-listing the club, which will increase the club’s options for private financing.
The club is also said to have offered Qatar Airways the naming rights of the stadium as part of a sponsorship deal. It is unknown whether the Qataris have expressed any interest in such deal, but if it were to go ahead, this would make the stadium the third in the league to be named after a Middle-Eastern airline, the Etihad Stadium and Emirates Stadium being the others.