Tottenham Hotspur are planning on paying Transport for London to rename White Hart Lane station after the club - a move that could cost a whopping £12million.

The Premier League club reportedly want to rename the London Overground station 'Tottenham Hotspur Station' to conincide with the planned opening of its new £400million stadium in 2018.

But, according to Squawka, TfL could charge the club millions for the privilege.

TfL has reportedly agreed to the change of name, so long as Spurs pay a fee and meet all the associated costs of changing the signage and maps to reflect the change.

But when The Standard contacted TfL to ask about the reports, a spokesman declined to comment.

The Overground station will play an important role at the new 61,000-seater stadium given Spurs' plans to link the stop with the stadium directly via a walkway.

If the north London club goes ahead with the station revamp, it will be mirroring a similar decision made by rival club Arsenal which renamed Gillespie Road underground station as Arsenal in 1932 as it was beside their old Highbury stadium.

As part of the club's massive redevelopment, a 180-bedroom hotel and 579 new homes will be built.

And once complete, Spurs estimate the new build will help support the local community and economy, providing thousands of extra jobs.

The redevelopment site drew media attention in July after a man broke in and climbed up one of the 100ft cranes.

Police and emergency services spent 12 hours negotiating with the man, who was threatening to jump off, before persuading him to climb down.

Tottenham refused to comment when approached by The Standard.