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New stadium will take Tottenham Hotspur to 'next level globally' - Levy

Tottenham chairman Daniel Levy believes the club's move to a new stadium will take them "to the next level globally."

Spurs say goodbye to the Lane, their home since 1899, when they host Manchester United on Sunday. Demolition work will start on Monday and Spurs will play next season's home matches at Wembley before moving into their new 61,500-seater stadium next door to their old ground for the 2018-19 campaign.

According to the Deloitte Football Money League for 2015-16, Spurs were the only top-six club not to make more than £50 million from matchday revenue, while their total commercial revenue for the year -- £59m -- was closer to bottom Premier League club Watford, at £3m, than fourth-placed Liverpool, with £117m.

Manchester United led the way in matchday revenue with £102.8m, followed by Arsenal with £99.9m, Chelsea with £69.7m, Liverpool with £56.8m and Manchester City with £52.5m. Spurs made £40.8m.

The disparity means Tottenham cannot currently pay the same wages or transfer fees as their top six rivals, but Levy told the Evening Standard that things were about to change.

"It is Tottenham's time to shine now," he said. We have been competing against teams with matchday revenues that far outstrip ours and a restricted capacity that has meant our growing fanbase has not been able to get to games.

"The new stadium will take us to another level globally."

Levy said it had been "an immense journey," adding that it was "a great time to be a Spurs fan."

He recalled his first visit to White Hart Lane with his uncle more than 50 years ago but added: "It is hard to pick out one single memory as a favourite, as there have been so many.

"I'm always clear that we are merely the custodians of the club -- it was here long before any of us and will be here long after us all. It is simply our turn to look after it, grow it and support it."