Tottenham have started work on the new stadium that is set to be completed by 2015. Tottenham Hotspur have decided to move to a new stadium in order to increase their revenue, and they have started work on the £ 430 million extravagant building.
The stadium construction began a few weeks ago, while the other elements of the stadium like the supermarket and offices will be beginning shortly. The club recently announced that they have appointed McLaren construction as the main instructor of this new stadium. The first stage of the development will be handled by this company before the tenders for both the public space and the stadium go live next year.
Tottenham are not sure about the funding for the £ 430 million stadium. However, they expect to move into this stadium by the start of the 2016-17 season, while the stadium itself is expected to be completed by 2015. It is also believed that this project can help Tottenham get more than £ 150 million from the naming rights alone on a 10 to 15 year contract. A few companies from the Middle East and China have thought to be included in the interested parties. The stadium will have the capacity to hold 56,000 people, which is significantly better than the current capacity of just over 35,000.
Tottenham will be receiving a small portion of the funding from the council itself, but it is extremely small when compared with the total project. Tottenham recently threatened to take over the Olympics stadium, but the bid was not successful. As a result, the Tottenham chairman Daniel Levy decided to start the work on this new stadium. The club are also exploring at various other opportunities to increase the sponsorship revenue from the stadium including having many supermarkets.
Tottenham’s new stadium will be the source of regeneration within the area according to many. The new 55,000 seater stadium will promote homeownership in this region according to the latest statement given by the Haringey Council, reported on by the Tottenham news website.
The council decided to give the green light to the stadium back in February, but it is thought that the council had dropped the requirement of a homeownership region in order to approve it. However, the council has now confirmed that the new stadium that is expected to be built at a total cost of £ 400 million will generate homeownership.
The regeneration of the Northumberland Park is currently on the way and the Council has said that it expects the new stadium to be at the forefront of this regeneration. It is expected to provide up to 285 homes. Tottenham recently started the work on the new stadium, which is not expected to be completed until 2017. When it is ready, it will be the state of the art stadium that can be worthy competitor alongside the Emirates stadium – the home of their arch rivals Arsenal. In addition to the homes, this new stadium will also host many supermarkets. Up to 40,000 ft.² of new retail space is expected to be generated as a result of this stadium.
The council has also said that this new stadium will be able to deliver around 4000 new jobs in the city and is expected to be a major contributor towards the economy of the council. Tottenham have struggled to meet the need of more seats within the White Hart Lane. As a result, they have taken the decision to move into the new ground. White Hart Lane currently has a capacity of just 35,000 seats, while this brand-new 55,000 seater stadium will become the face of Tottenham.
Chelsea have revealed that owner Roman Abramovich will not be putting any money for the development of a new stadium at the proposed Battersea Power Station.
Chelsea recently revealed that they had submitted a bid for the iconic building, which will then be converted into a stadium that can seat up to 60,000 people. It will put Chelsea amongst the likes of Arsenal and Manchester United when it comes to the ground capacity.
The club are currently struggling to match the gate revenues generated by the two aforementioned clubs. The move to Battersea Power Station is due to the fact that the club have exhausted the options when it comes to redeveloping Stamford Bridge.
Chelsea need to convince the Chelsea pitch holders that they will have a fantastic stadium that will allow them to compete with the best clubs in the world. Chelsea’s current capacity of 41,000 people is way below the standards set by the likes of Real Madrid, Barcelona, and Manchester United. These clubs have capacities close to 100,000 people. Due to the fact that Chelsea generate significantly lower get revenues from matchday income, they depend upon their owner for the fundings. Chelsea say that this move will make them self-sufficient.
“The four iconic chimneys and wash towers, along with the Grade II-listed west turbine hall and control room, will be restored and retained in their original locations and provide a unique architectural backdrop to a world-class stadium with a capacity of around 60,000 seats,” a statement said on the official website of the Chelsea football club. It is thought that the stadium will need around £ 600 million to build including the land, but most of the funding will be coming from the sale of Stamford Bridge and the surrounding regions according to Chelsea.
Sainsbury have revealed that they will be part of the Tottenham Hotspur stadium when it is finally opened.
Sainsbury plans to create a supermarket, which will provide jobs to more than 250 people in the locality.
This will operate at a total area of 72,000 sq ft, thus making it one of the largest in the nearby locality. This supermarket will not be part of something that is already built, but instead, it is going to be a major part of the plans to build the 56,000 seater stadium by Tottenham. Tottenham recently had the plan approved by the Council and also a part of the funding was also received from the local council.
It is estimated that Tottenham would require around £ 400 million to complete the project, although most of the funding is expected to be provided by the sale from the current White Hart Lane region and also the funding from the local council. The Northumberland Development Project will be hosting one of the largest supermarkets in London, thus making it a unique venue as well. In many areas, this 56,000 stadium is expected to be much better than the 60,000 seater stadium of Arsenal.
“We are delighted that Sainsbury’s will become the supermarket provider in the Northumberland Development Project. This will be one of the largest supermarkets of its kind in London and will help bring a greater vibrancy and attract new trade to the area. Both ourselves and Sainsbury’s are proud of our roots in Tottenham and are committed to working to deliver major regeneration in an area with such a real need,” Tottenham chairman Daniel Levy said after announcing the project.
Mayor of London Boris Johnson welcomed the decision by Sainsbury to come the North London region after a gap of more than 30 years.
The Brazilian football Federation has said that it intends to make the 2014 FIFA World Cup one of the best ever.
The 2014 FIFA World Cup will be held in Brazil, but unlike the host nations of the other World Cups, Brazil were chosen unanimously by the countries making up the South American continent.
As a result, there has been a view that Brazil are not taking the opportunity to host the FIFA World Cup seriously. It was this view that the FIFA general secretary rasied recently, questioning the Brazilian government and its ability to host a tournament of this magnitude.
However, the Brazilian government and the president of the Brazilian football Federation have both issued a statement saying that they intend to make the 2014 FIFA World Cup one of the best ever.
Brazil have been spending a lot of money on the stadiums as of now. The iconic Maracana stadium will be one among the many that will be undergoing massive changes in order to be fit for the 2014 FIFA World Cup.
Aside from the billions spent for the football stadiums in Brazil, the country has also seen unprecedented investment going into the transport and public infrastructure. Consequently the odds of the tournament being removed from Brazil and played in a different country have drifted on the football betting markets.
“The government will no longer accept the secretary general as FIFA spokesman. FIFA concerns with regard to preparation of all World Cups are natural and legitimate, but the body can keep calm because Brazil and its people have the competence and seriousness required to organise an impeccable and unforgettable World Cup,” president of the Brazilian Football Confederation, Ricardo Teixeira, said in an interview given after the commencement by the FIFA general secretary Valcke.
The Brazilian government also said that it would be not conducting any dealings with the FIFA general secretary Valcke in the future following the wake of his unacceptable comments.
The whole nation are hooping that Brazil can put right the 1950 World Cup Final loss to bed with a victory by the Selecao on home soil – though the Betfair Sports Betting odds make them only third favourites.
Tottenham Hotspur have more step closer towards completing the final attributes of their proposed new stadium, which will have the ability to seat up to 56,000 people.
This is expected to be the major attributes that will make Tottenham Hotspur join in the league of the top four. It has been pretty clear from the revenues of both Manchester United and Arsenal that having a large stadium and the ability to fill it will definitely make a huge difference in the balance sheet at the end of the year.
Even though Arsenal have not been as successful as they would have liked since moving from Highbury to the Emirates, the success has come in the form of the balance sheet.
Arsenal are now self-sufficient and will not be facing the huge complications of many other clubs like Chelsea and Manchester city face in order to comply to the UEFA Fair Play regulations. It has been estimated that Tottenham would need around £ 150 million to complete the stadium. They have now secured funding that will help them begin the process.
Spurs have said that a major portion of the funding would also be provided by the sponsorship deals. Tottenham hope to get around £ 100 million from the naming rights for the stadium alone.
“I am committed to securing Tottenham’s long-term future and the time has come for Spurs to show its commitment to the area by investing with urgency and determination to deliver the jobs and growth desperately needed in this much neglected part of our city,” the Mayor of London said after committing around £ 23 million for the project.
It is expected that the new stadium would also house a number of improvements for the nearby localities including shopping centres and housing.
Harry Redknapp has admitted that Tottenham are looking to expand their seating capacity by building a new stadium.
Their current stadium – the White Hart Lane – is one of the smallest in the Premier League with a capacity of just around 35,000.
This has meant that there is a long queue for season tickets, and the club are looking to expand their revenue options by building a new 60,000 seater stadium, which will rival the likes of the Emirates Stadium. Tottenham Hotspur are the biggest rivals for North London club Arsenal, who recently moved to the Emirates Stadium that can hold 60,000 people.
It seems to have persuaded Tottenham to also build a similar kind of stadium, although there have been question marks regarding the demand for such a big stadium. Tottenham tried to secure the Olympics Stadium, but West Ham United’s entry into the bidding process meant that they are unlikely to get the 80,000 seater stadium, which could be reduced to hold around 60,000. Tottenham recently revealed plans for constructing a new stadium near White Hart Lane – the position of which does not allow for huge expansions to be carried out without affecting the nearby areas.
“Until you get a 60,000-seater stadium, you aren’t going to pay the wages that some of the other clubs pay. It’s a hard balancing act but you have to admit Tottenham are a fantastically well-run football club with a very clever businessman in Daniel Levy in charge,” Redknapp said when asked about the need for a 60,000 seater stadium for Tottenham.
Tottenham are currently eyeing their first title since 1961, as they are third in the Premier League alongside Manchester United on the points. They are only three points away from catching leaders Manchester City, and are recognised to have one of the best squads in the division.
QPR have come a long way since the takeover of the Formula One giants Bernie Ecclestone and Flavio Briatore. The promotion and the subsequent takeover by the Malaysian billionaire Tony Fernandes is also to present at the club with a new and bright future. The club’s owner Tony Fernandes recently revealed that the club is considering moving away from the Loftus Road, which is one of the smallest grounds in the Premier League.
Loftus Road has a capacity of just 18,000 and thus it makes it unviable for the club to be playing at this ground if it wants to generate more income.
Fernandes revealed that the club is looking at options to make a move in the near future. He revealed that QPR are considering building a new stadium with a 45,000-seater capacity. This is highly contradictory given that Tony Fernandes himself admitted that the club’s fans consider that the club has the ability to generate tickets sales for only about 20,000, which is not a great improvement from the present capacity. Loftus Road is now considered as one of the last few remaining pieces of British architecture when it comes to building football stadiums. The fans are extremely close to the pitch and it makes up for a very great atmosphere.
“Some fans are saying ‘We don’t have a fan base bigger than 20,000’. My gut feeling is 40-45,000. That’s double where we are right now, but we’re in London and there’s a strong catchment area. Of course, there is nothing worse than a half-empty stadium,” Tony Fernandes said in an interview given to BBC sport. Tony Fernandes has been extremely successful in the Formula One business and the airlines, and he was quick to point out that he would not be making any such decision in haste.
Chelsea Football Club have struggled and lost the battle to buy back their own pitch! The boardroom defeat may well jeopardise the Blues’ move into a new stadium, but Chelsea fans were keen to ensure that a ground move is already in place before they sell back the one asset they control.
The land that Chelsea’s Stamford Bridge stadium was separated from the club back in the 1980s when, under Ken Bates, the club was struggling. By selling the land to thousands of fans they could ensure that there would always be a home for the club, regardless of whether the club went into bankrupcy or not.
Since then a lot has changed, not least Chelsea’s financial fortunes, with Roman Abramovic paying out to bring top players and managers to the club. The next logical step for Roman was to build up the stadium, especially with the Financial Fair Play rules coming in next year, but it looks like his management team will have to have a re-think.
Chelsea are looking at the various local options for a new stadium, but spaces for football stadia are few and far between in West London.
Swansea chairman Huw Jenkins has said that they can compete in the Premier league along with the big boys. And Jenkins believes Brendan Rodgers’ side can compete with the big clubs next season.
“Everybody would be foolish to write us off just for those type of games,” said Jenkins.
“We’ve proved in the Championship, [against] so called bigger clubs heavily spending way over our budget, we competed and competed very well [and] played the best football in the Championship.
