Tottenham Hotspur stadium: Spurs will make £3m from a sale… but it’s from the CRANES used to build their new ground and not a player


SAVVY Spurs have been given a lift — as they are set to make at least £3million profit on the cranes building their new ground.

Tottenham splashed out just over £6m on seven giant steel cranes last year, after a nationwide shortage meant there were none for hire.

Daniel Levy wants Tottenham to compete with the big teams in the Premier League
Reuters

Now rising steel prices mean they will be quids in when it comes to selling or scrapping them once their new 61,000-seater stadium is completed ahead of the 2018-19 season.


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The lifters cost £870,000 each, but the value of steel has trebled in the 12 months since and is tipped to rise even higher this year.

Mauricio Pochettino will be leading Tottenham in to their new project
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Harry Kane is one of Tottenham's main assets
Getty Images

It means Spurs stand to make nearly half a million on each one — though it is a drop in the ocean when compared to the eye-watering £750m build cost of the new White Hart Lane.

Still, it looks to be another shrewd business move by chairman Daniel Levy, who is renowned for making huge sums on player sales.

Tottenham will be playing their matches at Wembley next season as the new ground is completed
PA:Press Association

His home-grown strike ace Harry Kane and midfield sensation Dele Alli — a £5m buy from MK Dons — are now valued at £60m each.


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