View: Spurs and Levy will get a fresh round of funding after an announcement made in the previous 48 hours

Daniel Levy is working to make Spurs, and notably the Tottenham Hotspur Stadium, a global attraction.

Levy frequently divides views among Spurs fans over how he handles the team on the pitch.

However, the chairman’s acumen in off-the-field transactions is undeniable.

And it appears that the 62-year-old has built another revenue stream in North London, which will provide Spurs with a significant cash influx.

According to The Athletic (26 March), the Greater London Authority authorised Spurs‘ plans to build a 30-story hotel near to the Tottenham Hotspur Stadium on Monday (25 March).

The club is now one step closer to starting construction on the infrastructure that would boost the number of visitors to the Tottenham Hotspur Stadium, hence increasing the club’s revenue.

Daniel Levy continues to demonstrate his brilliance at Tottenham Hotspur Stadium.
The Tottenham Hotspur Stadium will host games at the 2028 UEFA European Championships, and the hotel is expected to be completed in time for the major international competition.

It will have 180 rooms, 49 residential flats, and 64 parking spaces, and will be built at the southwest corner of the stadium.

In addition, the hotel will be the third largest conferencing venue in London.

Following some back-and-forth with the local council, which included Spurs amending their initial 22-storey design to add an additional 27 metres of height to the hotel, their plans were finally approved by Harringay, implying that all that was required was a legal agreement between the borough and the mayor’s office.

That was announced on Monday, with Jules Pipe, the deputy mayor for planning, regeneration and skills, writing to Haringey to state that he was willing for the borough “to determine the case itself” rather than the Mayor’s office making a decision.

It’s another stroke of genius from Levy, and he’ll be overjoyed that he’s been given the green light.

Tottenham has a strong global audience, with fans travelling from all over the world to visit the Tottenham Hotspur Stadium every other week.

Now, when fans come to see the impressive stadium, they will have a place to stay directly around the block, which will benefit Levy rather than separate third-party businesses nearby.

This can only assist the club, which is still thriving financially.