Property entrepreneur Paul Kemsley has resigned as non-executive vice chairman of Tottenham Hotspur football club, as the club revealed it is to step up its stadium relocation or redevelopment plans.
Kemsley stepped down from an executive position on the board last year, and will now concentrate on expanding his property company, Rock (See Property Week 08-06-07).
In a statement to the Stock Exchange as part of Tottenham’s results for the year to 30 June, chairman Daniel Levy said: ‘Paul has recently expanded his property business interests in the United States and feels that inevitably his time spent overseas will impact upon his ability to fulfil his role with the club.
‘Paul has worked with me for the past six years at the Club and I thank him for his advice and counsel during this period.’
Levy also said that a review of options regarding the club’s stadium has now been completed.
He said that a ‘limited number’ of potential new sites had been identified in the London boroughs of Enfield and Haringey, and that the expansion of the exisiting stadium was also a possibility.
He said the club would commit to one option during the first half of 2008.