Tottenham match Everton as ground-breaking plan submitted - Keith Wyness
Tottenham Hotspur have shown their "prudent planning" once again with their move to install solar panels on the roof of their stadium.
That is according to former Everton chief executive Keith Wyness, speaking exclusively to Football Insider, who believes that Spurs have shown "good cost-control" through the move.
The Lilywhites are currently waiting on planning permission to install 3800 panels on the roof of their North London home, with plans already submitted to Haringey Council.
Wyness has made it clear that while the solar panels won't be a game-changer in terms of revenue for the club, they will represent a useful saving.
The panels are set to provide around 1.64 megawatts of energy if they are approved, which could then be used to run other areas of the stadium.
Wyness made it clear that Everton are currently the gold standard when it comes to eco-friendly stadiums, but Spurs are now moving to close the gap.
Tottenham solar panels 'very good for the brand'
Everton’s former chief Wyness – who served as CEO at Goodison Park between 2004 and 2009 and now runs a football consultancy advising elite clubs – believes that Tottenham's solar panels could provide a big boost to their reputation as a club.
The Scottish businessman made it clear that the installation would be "very good for the brand" of the capital club, provided their plans get approved.
Speaking on the latest edition of Football Insider's Inside Track podcast, Wyness made it clear that while the panels are a "prudent" investment for Spurs, it won't have a major effect on their revenue.
"I've looked at the whole issue of sustainability. The reality is it's good, obviously, to do it in terms of efficiency and cost reduction, and the main thing is actually keeping costs in control because we've all seen the electricity spikes that have happened over the last few years," he said.
"Given the usage of the stadium with all the big power-hungry concerts and different things as well as just the football matches alone, it's a very prudent thing to do. It's not going to be earth-moving in terms of balance sheets, but it is good cost control.
"It's very good for the brand to be doing things like this in terms of the UN sports climate mandates and all those sorts of things.
" I think it's the right thing to do. It shows prudent planning. Everton is probably the most eco-friendly stadium at the moment, but I think for Spurs to do this just makes sense."
Finance expert opens up on Tottenham spending
Former Manchester City financial advisor Stefan Borson recently told Football Insider that Tottenham are determined to close the gap between themselves and the Premier League's biggest spenders.
The Lilywhites have already splashed well over £200million on new additions this summer, and recent reports have suggested that they could still spend a further £250m.
Borson outlined that Spurs have been spending around £150m less than the likes of Manchester City and Liverpool in recent years, but he now expects that to change moving forward.
Tottenham had a major scare with their relegation battle last term, and they are determined to avoid a repeat of that scenario in the coming years.