Friday 1 October 2010

New Stadium or Olympic Stadium: What's going on?

There seems to be a lot of confusion this morning as to where we are planning to spend our long-term future. Are we building our new stadium after Haringey council unanimously approved our plans, or are we doing the unthinkable and moving to East London and the Olympic Stadium after 2012, possibly changing our name to Stratford Hotspur in the meantime?

I for one think this is very sound and sensible planning from Daniel Levy. Obviously, priority number one is a brand spanking new stadium on our current White Hart Lane site. I don't for a minute think Levy would ever consider moving us to East London. There would be uproar and revolt. But there are still plenty of hoops for us to jump through before we can start building our new home. There are plenty of things to trip us up. Furthermore, the new stadium will cost a hell of a lot of money. We don't want to cripple ourselves financially for the future trying to pay for it. Levy says we were told that if we did not put in a bid for the Olympic Stadium now, we wouldn't get another chance. It would be stupid not to, right?

I don't think anyone can deny that Daniel Levy is a) an excellent businessman and b) a Spurs man. The Financial Times was the first to announce that our bid for the Olympic Stadium will be a joint bid with the entertainment and facilities management company AEG and that it is with a view to leasing out the stadium. I believe our involvement with the Olympic Stadium may be a money-making scheme to either help pay for our new stadium construction or as an additional income should we be forced to stay at White Hart Lane if our new stadium plans fall through. I don't think actually moving to the Olympic Stadium ourselves is a serious consideration to Levy. It couldn't be, could it? Please, no. Just. No.

Screwing over the Hammers is an additional perk in this process. I for one think it would be fun to buy West Ham's 'spiritual home' as David Gold has called it and then lease it back to them. We could charge them extortionate amounts or evict them midway through the season or other fun things like that. Seriously though, I think this move is a sound business move from Mr. Levy. It would be silly to put all our eggs in our new stadium basket when there is still much work to be done. Putting in an application to the Olympic Stadium when there is no commitment to go through with it makes a lot of sense. It could make us money in the long-run and it has pissed off the Hammers. Win-win.

In Levy we trust. Many say he is a business man first and just wants to make money. But you don't buy a football club to make money. He has Spurs at heart and wants what is best for the club. Believe in him.

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