Spurs commit to new stadium in Tottenham

Spurs, whose bid to move to the Olympic Stadium in Stratford after the London Games was rejected, said in a joint statement with the local Haringey Council on Tuesday that they were committed to regenerating the area around their ground.

The project will be helped by 27 million pounds of local and central government funding.

Last summer's London riots began close to White Hart Lane before spreading across the country, but Spurs and Haringey Council see the building of a new state-of-the-art stadium as central to a major regeneration of the north Tottenham area.

"Spurs has reconfirmed its intention to stay in the area which has been at the heart of its history for more than 130 years and the club and council will work together to rejuvenate the area - seeking to deliver an iconic, new Premier League stadium development and a host of local improvements," the statement said.

Spurs' chairman, Daniel Levy, said: "As a major employer and business in the area we are delighted with this commitment from the Mayor and Haringey Council.

"We therefore see this as a commitment from the public sector to the Tottenham area and one which strengthens our ability to deliver a new stadium scheme with the potential to kick-start the long-term regeneration of north Tottenham."