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Bill for new Tottenham stadium soars from £400m to £1bn as club confront cost and complexity of project

Related Topics: Cost

Tottenham have more than doubled the projected cost of their new stadium to £1billion, which will make it the most expensive in Europe.

Spurs chairman Daniel Levy continues to talk with interested parties to help finance the record-breaking build, but the initial £400m cost has been hiked considerably.

The £1bn cost actually represents the second substantial estimated price rise, with an earlier estimated cost increase to £750m revealed in their planning application.

Tottenham's new stadium is beginning to take shape as the club showed off an aerial shot
Tottenham's new stadium is beginning to take shape as the club showed off an aerial shot
The club also released what the view is like looking towards the new single-tier South Stand
The club also released what the view is like looking towards the new single-tier South Stand
They posted a series of pictures on Twitter showing the view looking across at the South Stand
They posted a series of pictures on Twitter showing the view looking across at the South Stand
How Tottenham's new White Hart Lane stadium will look when it is completedu00a0
How Tottenham's new White Hart Lane stadium will look when it is completed
The construction costs of the new stadium have more than doubled to u00a31bn
The construction costs of the new stadium have more than doubled to £1bn

Levy has confided to sources close to the build that the skyrocketing cost of Tottenham's new home, due to open ahead of next season, is in part due to the complexity of the project.