Spurs Looking to the Future with New Stadium.

Tottenham Hotspur have unveiled plans to move out of White Hart Lane and into a new 58,000 seater staduim with a 150 room hotel.

The plans are on a second round of consultation and are hoping to have their new home ready by 2013.

White Hart Lane currently holds just over 36,000 and Levy is confident that the fans will love their new home.

"At the moment we have roughly 25,000 season tickets holders and we have a waiting list of over 22,000 and that was before plans for the new stadium so I am sure as soon as people can get seats in the new stadium there will be plenty of interest," he told Sky Sports News.

Levy also admitted that the current credit crunch does have its benefits as the building costs of the new project could be significantly reduced.
"In terms of construction costs one of the advantages at the moment is that the construction costs will come down compared to a couple of years ago but on the other hand, raising finances is more difficult," he continued.
He also insisted that the club are not running the project based on projections of appearing in European competition.

"We are running the project in that we have Premier League status, it is not based on European qualification," he stressed.

More financing is also likely to come from the naming rights of the stadium, which will be sold, but he suggested it was not essential.

"I don't think there is a principle funder, but naming rights will be important. But possibly so will be an equity issue, or bank finance, so it is hard to say what will be most significant," he said.