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Tottenham Hotspur facing demands from Greens for percentage of revenue

Tottenham Hotspur are facing pressure from Haringey Council leaders to sacrifice a fixed percentage of revenue for residents of Northumberland Park, the seat of their £1bn stadium. Spurs CEO Vinai Venkatesham has held talks with the Haringey Green Party, who told City AM the club had been “allowed to default on their planning obligations” attached [...]

Tottenham Hotspur facing demands from Greens for percentage of revenue

Tottenham Hotspur are under pressure from Haringey Council leaders to offer a fixed percentage of their revenue to benefit the residents of Northumberland Park, the area surrounding their £1bn stadium. The Haringey Green Party has engaged in talks with the club, suggesting Spurs would need to give away around 0.1 per cent of their turnover, equivalent to £565,000, based on the club's 2024-25 financial year.

Haringey's Green Party representative argued that the stadium's record-breaking events benefit Spurs, but not the local community, which has seen a surge in non-football events generating tens of millions in revenue. The previous Labour administration in Haringey had reportedly let the club off obligations related to social housing and employment support while residents dealt with increasing numbers of non-football events.

Spurs declined to comment on the matter, but have been able to raise the number of non-football events at the 62,850-capacity stadium from 16 to 30 since 2024. The club's revenue from non-football events reached £33m in 2024-25, up 300 per cent from previous years. The Northumberland Park area is one of the most economically deprived wards in London, with a child poverty rate of 27 per cent and high benefit claimant rates.

The club's charitable arm, the Tottenham Hotspur Foundation, donated £500,000 last year to support programs such as unemployment support, mental health initiatives, and community projects. A 2023 EY report estimated that the stadium and club contributed £296m in economic value to Haringey and supported around 2,800 full-time jobs.

However, the report did not break down the impact on the broader borough versus Northumberland Park, where residents have reportedly not received significant benefits from the stadium, facing issues like road closures and overcrowding.

Written by urgent.news from City AM's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Read the original at cityam.com →

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