THE CHAIRMAN of Spurs has said it would be “wholly inappropriate” for the club to approve building a new stadium before agreements are in place.

Boris Johnson has offered £5m for infrastructure and public realm work in Tottenham, and an additional £3.5m to improve transport links around Tottenham Hale and White Hart Lane stations, with Haringey Council topping the offer up to £17m.

And earlier today the Mayor and Haringey Council leader Claire Kober called on the club to accept the offer and move forward with the plans, which have been deadlocked for months.

But Tottenham chairman Daniel Levy said discussions were ongoing and that the club were the “only major private sector business” wanting to invest in the area after the riots.

He said: “"The proposed stadium scheme and wider area development has the potential to lever hundreds of millions of pounds worth of much-needed regenerative development to Tottenham.

“But we cannot be expected to do this single-handedly – we have seen land values fall again post the recent riots and this is a further concern for the club as it considers the nature of the investment.

“The overall scheme requires a complex package of financing of which the correct level and nature of public support is critical.

“It would be wholly irresponsible of us to announce we were proceeding with the scheme without the appropriate agreements and support firmly in place.”

Mr Levy also pointed out that the club has spent £60m on land for the scheme and a further £25m on the planning process.

The council granted the club planning permission for the £400m scheme to build a new 56,000-seat stadium – dubbed the Northumberland Park Project – in October, and Spurs signed a crucial planning agreement last week.

The section 106 agreement means that the club are required to pay £17m for regeneration in the area as part of the stadium plan – but the funding offer from Mr Johnson and Cllr Kober would mean Spurs would not have to pay this if accepted.