glory-glory.co.uk

TOTTENHAM NEW STADIUM BUILD

For a more comprehensive guide to the new Stadium build please visit - http://www.tottenhamhotspur.com/futureplans/index.html

   

 

New photo's leaked 31st March 2009

         

Released 1st April 2009

Final Stadium designs 26h October 2009 released for planning Permission

 

Build Phase 1 through 4

   

PHASE 1
New stadium build commences to the North of the existing stadium. The existing stadium remains in use at full capacity.

PHASE 2
Out of season, the North Stand of the existing stadium is demolished and the new pitch is laid.

PHASE 3
The partially completed new stadium is in use for one season with a capacity in excess of the current ground. The remainder of the existing stadium is demolished.

PHASE 4
Out of season the remainder of the new stadium is completed, ready for the start of the following season.

 

Designers

Buro Happold - Responsible for technical engineering, environmental sustainability and transport aspects, to deliver a scheme which works for the area now and into the future

KSS - Responsible for Stadium design

Make - to properly integrate the new buildings into the area and provide a real boost to the High Road and beyond.

Martha Schwartz - to ensure exceptional new areas of public space are a real asset for the area 365 days a year, not just on match-days.

Other Companies

Wasserman Media Group - Brought in as its exclusive partner to co-ordinate the worldwide sales process for the naming rights to its proposed new stadium to be built in London.

Important Dates

30 October, 2008 - Tottenham Hotspur confirms Northumberland Development Project

01 December, 2008 - Northumberland Development Project - First Exhibition

16 December, 2008 - Club reveals first images of proposed new stadium

27 March, 2008 - Club announces dates for Northumberland Development Project 2nd Exhibition

01 April, 2009 - Northumberland Development Project - Second Exhibition

26 October, 2009 - Planning application submitted

4th November, 2009 - Full plans shown on Haringey site

 

Interesting Articles

30 October, 2008 - The Times - Tottenham confirm plans fo a new Stadium

18 November, 2008 - Make and KSS sign for Spurs’ new stadium

18 November, 2008 - Make and Martha Schwartz join Spurs stadium team

15 December, 2008 - Evening Standard - First look at Tottenham's new stadium

17 December, 2008 - The Guardian - Spurs stadium to reflect 'style and panache' of club, say architects

27 January, 2009 - Make under pressure to alter Tottenham masterplan

20 March, 2009 - Daily Mail - New Stadium is crucial for Spurs hopes...

26 March, 2009 - Guardian - Cost of new Spurs stadium likely to drop 40m 

30 March, 2009 - The Independant - Tottenham to decide on funding for new Stadium

22 April, 2009 - Arabian Business.com - Premier League club in talks with Gulf investors

22 April, 2009 - The Telegraph - Tottenham Hotspur court shirt and stadium sponsorship in the Middle East

02 May, 2009 - Emirates Business 24-7 - Tottenham offer Gulf capital gains

24th May, 2009 - Arabian Business.com - Spurs chief set for more Gulf investment talks

16th Sept, 2009 - Guardian - Approval of new stadium would set stage for sale of Spurs

12th Nov, 2009 - Marketing Week - Spurs build global vision around stadium

 

Stadium Photos & Miscellaneous

Current White Hart Lane 

 

First Stadium plans released 

Final Stadium plans released for planning permission

Training ground plans (building started)

 

 

 

First stadium plans 

Stage 2 Stadium plans 

Paul Barber - Finance

Other stuff

This is the official new Stadium thread, please if you wish something added please post it. This thread coincides with the release of the 2nd phase of the exhibition released on the Tottenham website this coming Wednesday 1st April 2009 and opened to us the fans on 2nd April 2009 at the Exhibition in the Bill Nicholson Suite. This thread has been started to stop the mulyiple threads that will arise and also let us look back at the process. Maybe once completed it can go into GloryGlory classic gold.

Exhibition in the Bill Nicholson Suite at the stadium which runs as follows:

Thursday 2 April, 12am-8pm
Friday 3 April, 10am - 5pm
Sunday 5 April, 10am - 5pm
Monday 6 April, 12pm - 8pm
Tuesday 7 April, 10am - 5pm

Going up on Friday to see the Exhibition (Then on for a piss up in London )

Will take a camera, so if anything interesting I'll post sometime over the weekend 

 

Still don't get how we're going to fill it or fund it without massively impacting on our transfer policy of blowing huge amounts of money on the latest player who's in form but I'll probably go check out the exhibition anyway.

Nice thread.

StandUpIfYouHateA*****l:

Still don't get how we're going to fill it or fund it without massively impacting on our transfer policy of blowing huge amounts of money on the latest player who's in form but I'll probably go check out the exhibition anyway.

It's called debt management, and I'm sure our income to debt ratio will still be better than most of the top clubs.

Of all the complaints we can make about Levy, his financial management of the club is not one of them.

Sponsors and the stadium name sponsor will pay for most of the costs.

CAS:

Going up on Friday to see the Exhibition (Then on for a piss up in London )

Will take a camera, so if anything interesting I'll post sometime over the weekend 

 

If the second exhibition is anything like the first, there won't be anything to see that you couldn't already have seen on the official website (which will show new renders of the stadium on Wednesday - the day before the exhibition opens).

Main advantage of going to the exhibition is that there may be people from Spurs and KSS architects to answer any questions that you may have.

StandUpIfYouHateA*****l:

Still don't get how we're going to fill it or fund it without massively impacting on our transfer policy of blowing huge amounts of money on the latest player who's in form but I'll probably go check out the exhibition anyway.

We won't need to fill the stadium for every game. So long as we can average over 50,000 (which should be no problem), the stadium will have proved its worth and will more than pay for itself.

As to funding, according to the Chairman's Report that accompanied the recent interim results, Spurs will be seeking to fund the stadium via a variety of methods. Intrepid (who seems to be somewhat ITK on the matter) has posted on previous threads that Spurs hope to get the stadium funded with no (or minimal) debt. A combination of a stadium naming rights deal; a seats rights deal; property sales; and a rights issue will take care of the funding - or, at least, the great majority of it.

jimmyb:

CAS:

Going up on Friday to see the Exhibition (Then on for a piss up in London )

Will take a camera, so if anything interesting I'll post sometime over the weekend 

 

If the second exhibition is anything like the first, there won't be anything to see that you couldn't already have seen on the official website (which will show new renders of the stadium on Wednesday - the day before the exhibition opens).

Main advantage of going to the exhibition is that there may be people from Spurs and KSS architects to answer any questions that you may have.

 

Very likely

 

List below any question's you'd like asked and I see if I can remember them

 

 

Wriggly:

Sponsors and the stadium name sponsor will pay for most of the costs.

I don't think so.

The stadium naming rights deal will only form one part of the funding proposal.

Shirt and kit sponsorship deals are a different matter. They already form a part of Spurs' revenue stream and if they had to be diverted towards the stadium costs, then that would necessarily have an adverse impact on Spurs' ability to deal in the transfer market.

StandUpIfYouHateA*****l:

Still don't get how we're going to fill it or fund it without massively impacting on our transfer policy.

 

League games this season we have sold 98.9% of all tickets, now taking it we had some poor away support down at The Lane this season, I'd say that was pretty impressive giving some of the football we've played.

A lot will depend on pricing of seats for the new stadium but very few of our Home games get as far as 'On General Sale'.

Think we'd easily get 50k per game and sellout the bigger games adding a minimum of about £12m a year to our receipts even if the prices stayed where they are now (which they won't) plus extra Corperate and Other Sales you could easily see that figure rise to around £20m a year extra without including any Cup games.

 

Cost of Ground £300m

Additional Financing Charges over that 15 years £100m

Sale of Naming Rights £150m (15 years Ground @ £8m a year + Shirt Sponsorship 5 years @ £6m (currently getting more than that))

So net cost to Spurs £250m over 15 years, add back the 5 years of Shirt Sponsorship making it £280m. This figure Spurs would need to take in additon to current reciepts to stay on a level playing field.

£20m a year for 15 years = £300m and that with no price rises so IMO funding is not a real issue.

 

 

 

 

Spurs only need a modicum of success to sell an extra 10-15k tickets a week. Especially if they get the pricing right for "lesser" games (like the Scum try to do).

We have had a little "mini" run in the Premiership in recent weeks & now you cannot get a ticket for love nor money for the next 4 home games (WHU, Toon, WBA & M City).  A mate tried the TO & there are NONE available at all (even if the website says differently).

 

	Team	Pld	Total	Highest	Average	Capacity		Pct
1	Arsenal (4)	15	900411	60109	60027	60432		99.3%
2	Chelsea (3)	15	624915	43417	41661	42055		99.0%
3	Tottenham Hotspur (11)	15	538994	36183	35933	36310		98.9%
4	Manchester United (1)	14	1054082	75569	75292	76212		98.7%
5	Hull City (13)	15	371886	24924	24792	25404		97.5%
6	Liverpool (2)	15	652662	44382	43511	45362		95.9%
7	West Ham United (8)	15	511839	40842	34123	35647		95.7%
8	Portsmouth (15)	15	295412	20540	19694	20688		95.1%
9	Stoke City (16)	15	404101	27500	26940	28384		94.9%
10	Aston Villa (5)	15	594508	42585	39634	42551		93.1%

CAS:

StandUpIfYouHateA*****l:

Still don't get how we're going to fill it or fund it without massively impacting on our transfer policy.

 

League games this season we have sold 98.9% of all tickets, now taking it we had some poor away support down at The Lane this season, I'd say that was pretty impressive giving some of the football we've played.

A lot will depend on pricing of seats for the new stadium but very few of our Home games get as far as 'On General Sale'.

Think we'd easily get 50k per game and sellout the bigger games adding a minimum of about £12m a year to our receipts even if the prices stayed where they are now (which they won't) plus extra Corperate and Other Sales you could easily see that figure rise to around £20m a year extra without including any Cup games.

 

Cost of Ground £300m

Additional Financing Charges over that 15 years £100m

Sale of Naming Rights £150m (15 years Ground @ £8m a year + Shirt Sponsorship 5 years @ £6m (currently getting more than that))

So net cost to Spurs £250m over 15 years, add back the 5 years of Shirt Sponsorship making it £280m. This figure Spurs would need to take in additon to current reciepts to stay on a level playing field.

£20m a year for 15 years = £300m and that with no price rises so IMO funding is not a real issue.

 

 

 

 

great, that looks good, and at least we will have enough cash left over to still be able to sign the likes of Bent and Bentley every summer

spuraj:

CAS:

StandUpIfYouHateA*****l:

Still don't get how we're going to fill it or fund it without massively impacting on our transfer policy.

 

League games this season we have sold 98.9% of all tickets, now taking it we had some poor away support down at The Lane this season, I'd say that was pretty impressive giving some of the football we've played.

A lot will depend on pricing of seats for the new stadium but very few of our Home games get as far as 'On General Sale'.

Think we'd easily get 50k per game and sellout the bigger games adding a minimum of about £12m a year to our receipts even if the prices stayed where they are now (which they won't) plus extra Corperate and Other Sales you could easily see that figure rise to around £20m a year extra without including any Cup games.

 

Cost of Ground £300m

Additional Financing Charges over that 15 years £100m

Sale of Naming Rights £150m (15 years Ground @ £8m a year + Shirt Sponsorship 5 years @ £6m (currently getting more than that))

So net cost to Spurs £250m over 15 years, add back the 5 years of Shirt Sponsorship making it £280m. This figure Spurs would need to take in additon to current reciepts to stay on a level playing field.

£20m a year for 15 years = £300m and that with no price rises so IMO funding is not a real issue.

 

 

 

 

great, that looks good, and at least we will have enough cash left over to still be able to sign the likes of Bent and Bentley every summer

 

 

Oi ... Leave our top scorer alone

 

 

Nutter-Naylor:

Spurs only need a modicum of success to sell an extra 10-15k tickets a week. Especially if they get the pricing right for "lesser" games (like the Scum try to do).

We have had a little "mini" run in the Premiership in recent weeks & now you cannot get a ticket for love nor money for the next 4 home games (WHU, Toon, WBA & M City).  A mate tried the TO & there are NONE available at all (even if the website says differently).

 

The website continues to say that tickets are available, long after they have sold out, because of the ticket exchange scheme.

jimmyb:

Nutter-Naylor:

Spurs only need a modicum of success to sell an extra 10-15k tickets a week. Especially if they get the pricing right for "lesser" games (like the Scum try to do).

We have had a little "mini" run in the Premiership in recent weeks & now you cannot get a ticket for love nor money for the next 4 home games (WHU, Toon, WBA & M City).  A mate tried the TO & there are NONE available at all (even if the website says differently).

 

The website continues to say that tickets are available, long after they have sold out, because of the ticket exchange scheme.

 

Correct, 1's and 2's will become available on the online system as soon as someone uses the exchange facility, you just have to be quick enough to be able to get them

 

 

StandUpIfYouHateA*****l:

Still don't get how we're going to fill it or fund it without massively impacting on our transfer policy of blowing huge amounts of money on the latest player who's in form but I'll probably go check out the exhibition anyway.

You have no idea of how many people are there waiting to get a ticket for White Hart Lane. Even in these dire days of economic downturns and unexciting mid-table football there are no tickets available. Not even against West Brom.

I don't even dare to think how hopeless it will be when the team is just remotely near the top of the table.

arsenal havnt been near a trophy since they went to flemirates, and they "fill" it every week no problems. the very prospect of a new stadium with a positive pitch outlook will easily boost numbers, allowing tons of new fans in and appease the old ones ( sort of ).

i say they fill it, they fiddle the corporate numbers because they have taken the cash already and dont care if they all show up in their yuppie suits and 'zany' estate agent haircuts.

CAS:

StandUpIfYouHateA*****l:

Still don't get how we're going to fill it or fund it without massively impacting on our transfer policy.

 

League games this season we have sold 98.9% of all tickets, now taking it we had some poor away support down at The Lane this season, I'd say that was pretty impressive giving some of the football we've played.

A lot will depend on pricing of seats for the new stadium but very few of our Home games get as far as 'On General Sale'.

Think we'd easily get 50k per game and sellout the bigger games adding a minimum of about £12m a year to our receipts even if the prices stayed where they are now (which they won't) plus extra Corperate and Other Sales you could easily see that figure rise to around £20m a year extra without including any Cup games.

 

Cost of Ground £300m

Additional Financing Charges over that 15 years £100m

Sale of Naming Rights £150m (15 years Ground @ £8m a year + Shirt Sponsorship 5 years @ £6m (currently getting more than that))

So net cost to Spurs £250m over 15 years, add back the 5 years of Shirt Sponsorship making it £280m. This figure Spurs would need to take in additon to current reciepts to stay on a level playing field.

£20m a year for 15 years = £300m and that with no price rises so IMO funding is not a real issue.

Agreed in principle but:

1. I reckon that £300 million could be slightly on the low side. Depending on the quality of finish that Spurs want, £350 million seems more realistic.

2. It seems as though Spurs will try to minimize the amount of debt finance.

3. Spurs could get anything from £50-150 million from a 10-15 year seats rights deal, if they can successfully sell the idea to the corporate types.

4. Spurs could raise £50 million or more from a rights issue.

5. Depending on the level of risk Spurs are willing to take on, they could make a significant amount from property sales. The supermarket will be built before the stadium and the housing after. Overall, I guess, property sales could raise a further £50-100 million.

6. If Spurs do have to raise a significant level of debt finance, then I would expect them to take out a longer term loan or bond than 15 years. I reckon 20-25 years.

7. I'd estimate an initial 15 year stadium naming rights deal of anything between £5-10 million per annum.

8. The new stadium will, like the death star, probably have 8-9K corporate seats. That's some 5,000 more than the current WHL. However, even if Spurs manage to sell out all the new corporate seats, we have to remember that a significant proportion of corporate seats will already have been pre-sold as part of the seats rights deal.

9. If the final capacity is, say, 58,000, I'd estimate that Spurs could average 54,000 for Premiership games. That's 18,000 more than we're getting at present - 5,000 of which will be extra corporate "customers".

Okay..........back-of-a-beer-mat time:

Spurs generally sell 3,500 corporate tickets for games at the Lane. Assume that 2,000 "club level" seats have been bought (for 10-15 years) as part of the seats rights deal and that some corporate seats will generally remain unsold. So corporate / club level income could be increased in the new stadium by 2,000 club level tickets at, say, £3000 each. £6 million per annum extra in corporate revenue as a consequence of the new stadium.

Assume that Spurs sell a further 10,000 normal tickets per game at £35, on average. And assume a poor year in the cups and only twenty home games in all. That would make a total of £7 million.

Spurs would also benefit because of an inevitable growth in merchandising and because of the increased value of the stadium's catering concessions etc. Finally, the new stadium would likely have a greater non match day use than the current stadium - possibly with major events like (non England) international games and gigs. At a conservative estimate, that little lot could realise a further £5 million per annum.

Add all of that to the lowest estimate for naming rights (£5 million per annum) and you have a total of £23 million.

Let's now assume that Spurs have to borrow £200 million (even after property sales have been completed) on a 20 year loan. Also assume a relatively high interest rate of 8%. That would leave Spurs with a debt and interest repayment committment of £20 million per annum.

Obviously, this is all very amateur guesstimating but, even assuming the lower estimates for seats rights, naming rights and property sales and, by contrast, assuming a punishing interest rate, Spurs will still be better off with the new stadium. And let's not forget, the club already generally makes operating profits of £30 million per annum.

firefly:

StandUpIfYouHateA*****l:

Still don't get how we're going to fill it or fund it without massively impacting on our transfer policy of blowing huge amounts of money on the latest player who's in form but I'll probably go check out the exhibition anyway.

You have no idea of how many people are there waiting to get a ticket for White Hart Lane. Even in these dire days of economic downturns and unexciting mid-table football there are no tickets available. Not even against West Brom.

I don't even dare to think how hopeless it will be when the team is just remotely near the top of the table.

But at the same time, we didn't even sell out the league cup semi final against Burnley, or many (any?) of our European matches.

A key issue is that we have a heavily ageing fanbase.  So although things look good at present, in 20 years time all the little kids who all support Chelsea and Arsenal will be buying season tickets at Stamford Bridge and the Emirates...we need to ensure that we look after (and become a more attractive prospect for) young Tottenham fans - otherwise we'll be left behind.

jimmyb:

CAS:

StandUpIfYouHateA*****l:

Still don't get how we're going to fill it or fund it without massively impacting on our transfer policy.

 

League games this season we have sold 98.9% of all tickets, now taking it we had some poor away support down at The Lane this season, I'd say that was pretty impressive giving some of the football we've played.

A lot will depend on pricing of seats for the new stadium but very few of our Home games get as far as 'On General Sale'.

Think we'd easily get 50k per game and sellout the bigger games adding a minimum of about £12m a year to our receipts even if the prices stayed where they are now (which they won't) plus extra Corperate and Other Sales you could easily see that figure rise to around £20m a year extra without including any Cup games.

 

Cost of Ground £300m

Additional Financing Charges over that 15 years £100m

Sale of Naming Rights £150m (15 years Ground @ £8m a year + Shirt Sponsorship 5 years @ £6m (currently getting more than that))

So net cost to Spurs £250m over 15 years, add back the 5 years of Shirt Sponsorship making it £280m. This figure Spurs would need to take in additon to current reciepts to stay on a level playing field.

£20m a year for 15 years = £300m and that with no price rises so IMO funding is not a real issue.

Agreed in principle but:

1. I reckon that £300 million could be slightly on the low side. Depending on the quality of finish that Spurs want, £350 million seems more realistic.

2. It seems as though Spurs will try to minimize the amount of debt finance.

3. Spurs could get anything from £50-150 million from a 10-15 year seats rights deal, if they can successfully sell the idea to the corporate types.

4. Spurs could raise £50 million or more from a rights issue.

5. Depending on the level of risk Spurs are willing to take on, they could make a significant amount from property sales. The supermarket will be built before the stadium and the housing after. Overall, I guess, property sales could raise a further £50-100 million.

6. If Spurs do have to raise a significant level of debt finance, then I would expect them to take out a longer term loan or bond than 15 years. I reckon 20-25 years.

7. I'd estimate an initial 15 year stadium naming rights deal of anything between £5-10 million per annum.

8. The new stadium will, like the death star, probably have 8-9K corporate seats. That's some 5,000 more than the current WHL. However, even if Spurs manage to sell out all the new corporate seats, we have to remember that a significant proportion of corporate seats will already have been pre-sold as part of the seats rights deal.

9. If the final capacity is, say, 58,000, I'd estimate that Spurs could average 54,000 for Premiership games. That's 18,000 more than we're getting at present - 5,000 of which will be extra corporate "customers".

Okay..........back-of-a-beer-mat time:

Spurs generally sell 3,500 corporate tickets for games at the Lane. Assume that 2,000 "club level" seats have been bought (for 10-15 years) as part of the seats rights deal and that some corporate seats will generally remain unsold. So corporate / club level income could be increased in the new stadium by 2,000 club level tickets at, say, £3000 each. £6 million per annum extra in corporate revenue as a consequence of the new stadium.

Assume that Spurs sell a further 10,000 normal tickets per game at £35, on average. And assume a poor year in the cups and only twenty home games in all. That would make a total of £7 million.

Spurs would also benefit because of an inevitable growth in merchandising and because of the increased value of the stadium's catering concessions etc. Finally, the new stadium would likely have a greater non match day use than the current stadium - possibly with major events like (non England) international games and gigs. At a conservative estimate, that little lot could realise a further £5 million per annum.

Add all of that to the lowest estimate for naming rights (£5 million per annum) and you have a total of £23 million.

Let's now assume that Spurs have to borrow £200 million (even after property sales have been completed) on a 20 year loan. Also assume a relatively high interest rate of 8%. That would leave Spurs with a debt and interest repayment committment of £20 million per annum.

Obviously, this is all very amateur guesstimating but, even assuming the lower estimates for seats rights, naming rights and property sales and, by contrast, assuming a punishing interest rate, Spurs will still be better off with the new stadium. And let's not forget, the club already generally makes operating profits of £30 million per annum.

good post

i have no doubts unlike others on here that we will sell out at least 55k or even 60k every week