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Tottenham Hotspur Stadium - Licence To Stand

Some info from the THST meeting minutes :
3. Stadium/ Northumberland Development Project

Current progress
  • MC asked for an update on the planning process. DL advised that there will still be a series of smaller planning submissions to Haringey Council as was to be expected with a development of this scale and complexity
  • Mace, the construction firm, is now working 15 hour days, seven days per week. Construction is currently on schedule, though it remains a hugely complex project. ‘Above-ground’ signs of the new stadium will become visible over the summer
  • THST reported a big appetite among fans for new stadium details ranging from the technical progress updates to the granular details (e.g. seat width, leg room). This was noted
  • DL agreed that the current webcam needs a big upgrade. THFC will look at tweeting and instagram/visuals to keep everyone informed, also
  • DL was supportive of the suggestion of a ‘demolition cam’ inside White Hart Lane
  • AB asked about catering in the new stadium. Fans had asked about vegetarian and pescetarian options as well meat pies and sausages with lashings of fried onions. DC confirmed that the widest choice of food options will be made available in the new stadium, including franchises. There was also a strong desire to work closely with local suppliers and caterers, where possible
  • KS queried transport upgrades for the new stadium. DC advised that Tottenham Hale is being extensively re-developed and will be part of CrossRail 2. There is also to be a new ‘STAR’ line, which will link the Angel Rd to Tottenham Hale and onto Stratford. Northumberland Park upgrade is out to tender. On WHL station, JW said TfL is being pushed to improve the capacity – e.g. longer trains – for when the new stadium opens

Funding
  • AB and MG asked about funding and naming rights. DL said that THFC will go to market on naming rights shortly
  • AB referenced reports of a £300m shortfall in funding, which DL dismissed as being inaccurate. DL stated he was aware of the level of debt the Club could sustain and there were lots of options open at this point
  • DL assured that no player will be sold to fund the stadium
  • MG asked about further funding options. DL acknowledged that a classic project finance structure is an obvious option but will be dependent on final contractor costs which have yet to be fixed. Ownership of the stadium could be via a separate SPV, but will be ultimately owned by THFC. £150m has been invested in the new stadium to date

Safe standing
  • MC asked for the latest position on Safe Standing. DC confirmed the new stadium will be able to accommodate safe standing areas, if the legal position changes. Agreed THFC would review its earlier statement which confirmed this. THST would be able to campaign for safe standing, as this is a popular ‘ask’ from supporters
4. Groundshare
  • MB asked for an update on the venue for the season away from WHL. DC confirmed an announcement was due imminently
  • MB asked whether there would be a provision for any construction overrun. This was confirmed. Contingencies would be built in
  • KL asked for clarification on any ST amnesty in a ground share venue. IM confirmed an amnesty would be offered in MK but not at Wembley. It was felt there had been a push for a London venue and that was the overwhelming favourite in terms of neutral venues, therefore an amnesty wouldn’t be offered at an alternative London venue
  • KL reiterated the Trust’s point of view around pricing in the temporary stadium: that no fan should pay more than they’d paid at White Hart Lane during any time away. This was noted by IM and DL
  • KL asked whether there was an intention to open up more ST’s to Bronze members should the season away be at Wembley. IM confirmed this was being explored
  • KS asked whether there would be accessibly priced parking at Wembley for fans wishing to drive to games. JW reiterated that Wembley was a public transport destination so that was unlikely
  • There was a point of interest in that the CPZ was expanded when the top tier was in use at Wembley
More stuff in here http://www.thstofficial.com/thst-news/thst-thfc-board-to-board-meeting-24-may-2016
 
Some info from the THST meeting minutes :
3. Stadium/ Northumberland Development Project

Current progress
  • MC asked for an update on the planning process. DL advised that there will still be a series of smaller planning submissions to Haringey Council as was to be expected with a development of this scale and complexity
  • Mace, the construction firm, is now working 15 hour days, seven days per week. Construction is currently on schedule, though it remains a hugely complex project. ‘Above-ground’ signs of the new stadium will become visible over the summer
  • THST reported a big appetite among fans for new stadium details ranging from the technical progress updates to the granular details (e.g. seat width, leg room). This was noted
  • DL agreed that the current webcam needs a big upgrade. THFC will look at tweeting and instagram/visuals to keep everyone informed, also
  • DL was supportive of the suggestion of a ‘demolition cam’ inside White Hart Lane
  • AB asked about catering in the new stadium. Fans had asked about vegetarian and pescetarian options as well meat pies and sausages with lashings of fried onions. DC confirmed that the widest choice of food options will be made available in the new stadium, including franchises. There was also a strong desire to work closely with local suppliers and caterers, where possible
  • KS queried transport upgrades for the new stadium. DC advised that Tottenham Hale is being extensively re-developed and will be part of CrossRail 2. There is also to be a new ‘STAR’ line, which will link the Angel Rd to Tottenham Hale and onto Stratford. Northumberland Park upgrade is out to tender. On WHL station, JW said TfL is being pushed to improve the capacity – e.g. longer trains – for when the new stadium opens

Funding
  • AB and MG asked about funding and naming rights. DL said that THFC will go to market on naming rights shortly
  • AB referenced reports of a £300m shortfall in funding, which DL dismissed as being inaccurate. DL stated he was aware of the level of debt the Club could sustain and there were lots of options open at this point
  • DL assured that no player will be sold to fund the stadium
  • MG asked about further funding options. DL acknowledged that a classic project finance structure is an obvious option but will be dependent on final contractor costs which have yet to be fixed. Ownership of the stadium could be via a separate SPV, but will be ultimately owned by THFC. £150m has been invested in the new stadium to date

Safe standing
  • MC asked for the latest position on Safe Standing. DC confirmed the new stadium will be able to accommodate safe standing areas, if the legal position changes. Agreed THFC would review its earlier statement which confirmed this. THST would be able to campaign for safe standing, as this is a popular ‘ask’ from supporters
4. Groundshare
  • MB asked for an update on the venue for the season away from WHL. DC confirmed an announcement was due imminently
  • MB asked whether there would be a provision for any construction overrun. This was confirmed. Contingencies would be built in
  • KL asked for clarification on any ST amnesty in a ground share venue. IM confirmed an amnesty would be offered in MK but not at Wembley. It was felt there had been a push for a London venue and that was the overwhelming favourite in terms of neutral venues, therefore an amnesty wouldn’t be offered at an alternative London venue
  • KL reiterated the Trust’s point of view around pricing in the temporary stadium: that no fan should pay more than they’d paid at White Hart Lane during any time away. This was noted by IM and DL
  • KL asked whether there was an intention to open up more ST’s to Bronze members should the season away be at Wembley. IM confirmed this was being explored
  • KS asked whether there would be accessibly priced parking at Wembley for fans wishing to drive to games. JW reiterated that Wembley was a public transport destination so that was unlikely
  • There was a point of interest in that the CPZ was expanded when the top tier was in use at Wembley
More stuff in here http://www.thstofficial.com/thst-news/thst-thfc-board-to-board-meeting-24-may-2016

TL : DR

THST: Daniel, are you an incompetent fudgewit?
DL: No, I'm not.
 
One interesting extract from those meeting minutes :
  • AB and MG asked about funding and naming rights. DL said that THFC will go to market on naming rights shortly
So all the rumours about a deal already being in place, or close to completion are rubbish? Of course it could be that DL is just not in a position to reveal anything yet (or doesn't want to), but I would have thought the answer would be more along the lines of "in talks" or "exploring opportunities". This sounds like it's at a far earlier stage. Which is not necessarily surprising, it just goes against a lot of the current rumours.
 
TL : DR

THST: Daniel, are you an incompetent fudgewit?
DL: No, I'm not.

They do come across like that sometimes without a doubt.
This time the tone is a lot less sanctimonious. Perhaps because there's a bit more information available.
And ultimately they are passing on the questions fed to them by THST members - like asking about seat width and leg room in the new stadium. I assume they are not the same people asking about pescatarian and vegetarian food.
 
Interesting points

- 150M spent already (pre new tv deal money, pre CL money from next season, pre stadium naming rights, pre new kit sponsorship), even with increased cost, hard to see how we aren't in a better position than would have been planned for (even in a best case scenario)
- work being done 7 days a week, 15 hours a day already.
 
One interesting extract from those meeting minutes :
  • AB and MG asked about funding and naming rights. DL said that THFC will go to market on naming rights shortly
So all the rumours about a deal already being in place, or close to completion are rubbish? Of course it could be that DL is just not in a position to reveal anything yet (or doesn't want to), but I would have thought the answer would be more along the lines of "in talks" or "exploring opportunities". This sounds like it's at a far earlier stage. Which is not necessarily surprising, it just goes against a lot of the current rumours.

All the industry comments have said all along that naming rights would only be sorted in the year before the stadium opens. The club's negotiating hand is weak until the thing is standing tall.
 
  • KS queried transport upgrades for the new stadium. DC advised that Tottenham Hale is being extensively re-developed and will be part of CrossRail 2. There is also to be a new ‘STAR’ line, which will link the Angel Rd to Tottenham Hale and onto Stratford. Northumberland Park upgrade is out to tender. On WHL station, JW said TfL is being pushed to improve the capacity – e.g. longer trains – for when the new stadium opens

What is this? Putting platforms so the Victoria Line bit to there can take passengers?
 
What is this? Putting platforms so the Victoria Line bit to there can take passengers?

No idea on that part. But when THST asked about transport upgrades for the new stadium, I assume they were talking about improvements for when the new stadium opens. Donna Cullen at THFC refers to Crossrail 2 in her answer : a quick google shows that is due to open in 2030 (and that's assuming funding is approved in the next couple of years). That's a long time to wait for an improvement.
 
One interesting extract from those meeting minutes :
  • AB and MG asked about funding and naming rights. DL said that THFC will go to market on naming rights shortly
So all the rumours about a deal already being in place, or close to completion are rubbish? Of course it could be that DL is just not in a position to reveal anything yet (or doesn't want to), but I would have thought the answer would be more along the lines of "in talks" or "exploring opportunities". This sounds like it's at a far earlier stage. Which is not necessarily surprising, it just goes against a lot of the current rumours.

A deal already in place might be a stretch, but I also doubt that they are going to market without a lot of previous discussions with potential sponsors.

I'd say going to market was more a chance for the candidate sponsors to put their money where their mouths are.
 
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