Redknapp not leaving "at present time" - Levy

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I.e. not in January, but maybe in Summer :harrysmile: .

To be honest, with Ancelotti and Wilkins wanting to come in, I'm not overly fussed either way. There's a lot about the AGM and stadium plans in the article too, worth a read.

Tottenham Hotspur's chairman, Daniel Levy, has raised the issue of his manager's future for the first time, telling the club's annual general meeting that Harry Redknapp will not "at the present time" consider the possibility of taking the England job.

Redknapp has long been regarded a leading contender to replace Fabio Capello when his contract expires at the end of Euro 2012 and Spurs' impressive form over the past 18 months is considered to have raised his standing further. But Levy said he had been encouraged by a recent meeting with Redknapp's representatives, although he conceded that the situation would have to be faced in the summer.

"Harry has 18 months left on his contract," said Levy. "We have had a conversation where it was said that, as far as Harry's concerned, he's very happy here and that he doesn't particularly want to consider England at the present time. We will worry about that situation if it arises in the summer."

Redknapp, along with the Sheffield Wednesday chairman, Milan Mandaric, also faces a trial on 23 January next year relating to allegations of cheating the public revenue. The pair plan to fight the charges in a trial scheduled to last two weeks.

After reporting increased revenues of £163.5m for 2011, up from £119.8m the previous year largely thanks to Tottenham's Champions League run, Levy reiterated his desire to retain the club's best players including Gareth Bale and Luka Modric. Chelsea attempted to lure Modric to Stamford Bridge in the summer but Levy and Redknapp stood firm.

"We have a great squad with exceptional talent and none of the main players will be leaving in January," said Levy. "I hope we have a great season and that we can finish in the top four or, who knows, maybe even higher. We want first place."

Tottenham are fourth in the Premier League, seven points behind the leaders, Manchester City, with a game in hand, but failed to gain ground on Sunday when they lost at Stoke City. The chairman said: "I spoke to Harry and told him not to be too despondent because, if we win our game in hand against Everton, we could be only four points behind Manchester City."

The club's financial results, published , show that salary costs rose from £67m to £91m year on year as new players were signed and existing ones were given improved contracts and earned bonuses. The club made an operating profit of £32.3m, up from £22.7m, and a modest overall pre-tax profit of £402,000.

Levy revealed that the club's bitter and ultimately fruitless battle for the Olympic Stadium had cost £1.7m and said that Spurs would never have made a bid had they known that the government was determined to retain the running track.

The original tender document made provision for the track to be removed as long as an athletics legacy was provided elsewhere. Spurs had proposed to rebuild the stadium as a dedicated football ground and revamp Crystal Palace for athletics.

Levy, who earned £1.8m in salary and bonuses during the year, said: "We were certainly encouraged to bid for the stadium. Knowing what we know now about the terms of the government's requirement to retain the track, had we known that at the beginning we would never have bid."

In his speech to the AGM, Levy outlined the club's desire now to stay in north London, following their failed attempt to secure the Olympic Stadium. However, he stressed that public money must be spent on improving the infrastructure of the area before the club will be convinced to invest themselves. The London Mayor, Boris Johnson, has offered a funding package worth £17m.

"A financing package will need to include bank finance, enabling development and sponsorship," said Levy. "Quite clearly any significant, further investment by the club would need to be in the context of a commitment by the public sector to fund public infrastructure works to create the environment and confidence to commit further.

"These public monies would be entirely for public works, not for the stadium or any of the associated club developments. They would contribute to the general uplift of the borough, thereby creating an area in which the club can justify hundreds of millions of pounds of investment, secure funding and be a catalyst for further regenerative investment.

"A new stadium continues to be central to delivering our ambitions for this club. At this stage we are encouraged by the level of support there is for our plans and for giving the area of Tottenham the focus and attention it deserves."

EDIT: removed the quote tag cos grey text is a bit hard to read like :walker:

http://www.guardian.co.uk/football/2011 ... sfeed=true
 
paddyspurs said:
"We have a great squad with exceptional talent and none of the main players will be leaving in January," said Levy. "I hope we have a great season and that we can finish in the top four or, who knows, maybe even higher. We want first place."

I give it a week before the "Modric to Chelsea/Man U/Man C" rumours and the "Bale to Barca/Madrid" rumours start.

:levystare:

And at least the ambition is there it seems.
 
Re: Redknapp not leaving "at present time" - Levy

Cheers for posting that. Levy doesn't say what level of public investment he wants to see before he is willing to commit the club's money to the NDP. Alright, he isn't going to name a figure. But the 17 million currently offered is clearly lower than would be required.
 
My guess would be he's not actually looking for a figure with regards to the public money. He and his advisers have probably highlighted the public areas they believe essential to the improvements, ie. transport links being improved immeasurably and once they're happy that the government will commit to that work or at the very least give what they believe the cost will be to the club then they'll go ahead. Given the work being carried out already around the stadium it's only a matter of when and not if at this point.
 
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