Tottenham spokesperson slams 'wholly inaccurate' planning allegation, Vinai Venkatesham set for talks

Tottenham Hotspur are under pressure to share a portion of their revenue with local residents.

The Tottenham Hotspur Stadium cost around £1billion to build and has been open for over seven years.

It's fair to say that the recent performances haven't justified it, but it has allowed the North Londoners to grow as a club.

They now rank within the top 10 for revenue made in world football, with the arena playing a key role.

Having a multi-purpose ground allows for additional revenue streams, with N17 being utilised for football, NFL and concerts, among other things.

That hasn't gone unnoticed and has now prompted Haringey Council leaders to make a financial demand.

What do Haringey Council want from Tottenham?

The billion pound stadium sits in one of the economically disadvantaged borough's in the capital.

That makes the cost and revenue potential of the ground a bone of contention for many.

There are many reasons for that, but one is that it seems to benefit the Lilywhites while hampering the local area.

That is the feeling of the Green Party, who are the largest party in the borough.

A report from online outlet CityAM reports that the Greens want Tottenham to give up "around 0.1 per cent of turnover for 'popular assets commission'.

That comes off the back of a suggestion from the party that Spurs had been "allowed to default on their planning obligations" when Labour were at the helm.

How have Tottenham replied to Green Party claims?

These allegations won't have come out of nowhere after seven years of the ground being open.

There is still a need to get everything sorted as soon as possible with Vinai Venkatesham engaging in talks.

They are said to be going well and further conversations are penciled in before the month ends.

That hasn't stopped a Tottenham spokesperson from speaking out to dispute the above claims.

They said: "Any suggestion that Tottenham Hotspur has defaulted on its planning obligations, or was allowed by Haringey Council to do so, is wholly inaccurate. All relevant planning obligations were formally agreed with Haringey Council and the club has complied with them.

"The club has invested more than £1.2bn in the stadium and surrounding area, delivering new affordable homes; a new primary school; restoring heritage buildings; and investing in local infrastructure.

"We recognise the challenges facing Northumberland Park but it is important that any discussion about the club’s contribution to the area is based on an accurate account of the planning history and the significant contribution the club already makes."

The North London club remain staunch on their claims here, but could still end up paying out.

How much could Tottenham pay to Haringey Council?

There is unlikely to be many reservations from supporters towards paying out to the local area.

If the Green Party gets their wish, they could be line for a sizable payout.

The 0.1 per cent demand for a "popular assets commission" could clock in at around £565,000 based on the most recent financial documents.

That would be then managed by residents and the council to benefit the Northumberland Park area as road closures, busy public transport and huge crowd caused by the stadium hamper the living standards.

That would be a mere drop in the ocean for a club that is reportedly booking revenues upwards of £600m.

It will now be down to talks between Venkatesham and the council to see what sort of deal can be agreed.