- May 14, 2007
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So why did our Financial Director say two years ago that the New Lane would be substantially cheaper than the £357m Immigrants, and mention an investment of £250m? Why did Levy say Stratford would be no cheaper than the NDP?
When a normally sane member has posted that the cost of keeping and restoring Warmington House, the Red House and the Dispensary will be £50m, all I can say is, 'Can I have the contract please, Mr Levy?'
I'd guess the cost of refurbishing said properties would be in the region of £1m, max.
I'd guess the cost of altering the design for this would also be in the same ballpark.
The reduction in the number of enabling works, as Spurs call it, from 434 to 200 would be in the region of £20m.
I don't doubt that the overall redesign could cost us £50m. I don't doubt that the cost of the stadium only could come in under the cost of building The Emirates.
What I do question is the decision making process that said at £400m the entire scheme is viable, at £450m it is not.