Spurs announce new stadium plan

London - Tottenham Hotspur confirmed Thursday that they intend to press ahead with plans for the construction of a 60,000-capacity stadium near White Hart Lane.

Results released to the stock market revealed details of a large-scale plan that would also incorporate leisure facilities and housing.

"The scheme includes the current site and adjoining land with the stadium sited largely to the north of the existing one," chairman Daniel Levy explained in his statement.

The club has a waiting list of 22,000 for season-tickets, and considered a 70,000-capacity proposal, but were keen to remain close to their Haringey home.

"We have spent five years buying and taking options over property around the current stadium site to enable us to either develop locally or to gain the critical mass to achieve a substantial site sale as a contribution to a relocation," Levy went on.

"To date this includes almost 60 separate property transactions, including 40 residential and potentially 160 commercial properties at a commitment of 44 million pounds (73 million dollars)."

He hopes to submit a planning application next year. (dpa)

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