White Hart Lane station is in line to be renamed Transport for London (TfL) has announced.

The matter was discussed yesterday when members of the London Assembly budget monitoring sub-committee met with TfL bosses.

A set of “emergency” questions were scheduled during the meeting after the Guardian reported earlier this week that White Hart Lane railway station could be renamed Tottenham Hotspur and a deal was close to being agreed.

The station is part of the London Overground network and is the nearest to Tottenham’s new stadium, which is set to officially open next month.

Patrick Doig, the divisional finance director at TfL said: “We are pursuing a long-term brand partnership with Tottenham which would include the renaming of the station.

“Those discussions are ongoing and have not concluded but that is something we’re seeking to work with and will be able to announce more details shortly.”

It is also estimated the renaming of the station could cost the club £14.7 million, although Mr Doig said this was not confirmed and that TfL was working to “reduce the costs”.

He also assured Assembly Members that the money paid out to TfL as part of the deal would be more than just the value of the naming rights of the station.

Mr Doig said there is currently an “independent” evaluation being undertaken to determine the value of the deal, adding: “We’re confident with the deal we’re going to secure.

“We’re looking to make a long-term partnership and we think that can help generate revenue streams in TfL and we’re looking to have a broader and positive impact in the local community.”

He said he expects the negotiations to be concluded “shortly”.

A TfL spokesperson said: “TfL has substantial experience in delivering successful commercial partnerships for the benefit of its customers and London in general. Opportunities of this nature are always thoroughly evaluated before completion to ensure that TfL delivers best value for its stakeholders.”