A MULTI-MILLION pound regeneration package has been offered by Haringey Council and the Mayor of London to pave the way for Spurs to build its new stadium in Tottenham.
Boris Johnson has offered £5m for infrastructure and public realm work in Tottenham, and an additional £3.5m to improve transport links around Tottenham Hale and White Hart Lane stations.
The council has offered to make the total package up to £17m, stripping away all Spurs' responsibilities to improve the Tottenham area if it pressed ahead with its new stadium in Northumberland Park.
Mr Johnson said today: “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 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.”
Council executives and representatives from the Greater London Authority met with Spurs' bosses, including chairman Daniel Levy, today to make the offer, and they say the decision on whether to go ahead with the Northumberland Park Project rests solely on a commercial move by Spurs.
The situation has been deadlocked for months, as the club urged the mayor's office to come up with a package along the same terms offered today.
They pointed to Wembley Stadium and Arsenal's Emirates Stadium, where significant funds had been paid by the public purse to help those stadiums be built.
Councillor Claire Kober, leader of the council, added: "It is critically important that Spurs commit to Tottenham to help drive forward regeneration in this very deprived area.
“We realise there are viability difficulties and have worked with the GLA to pull together an in-principle offer of assistance, which is, of course, subject to planning approval. We believe this offer would help to bring the scheme forward.
"We've always said we want very much for Spurs to stay where they are revered and, we feel, belong. That means we remain willing to discuss matters with Spurs."
If a deal is struck, the mayor has also promised the stadium build would, where possible, award contracts to local firms and take on apprentices from Tottenham and surrounding areas.
He also made it clear the package was additional to the £20m fund set up post-riots to help communities including Tottenham to recover.