A company called LCR are building the Channel Tunnel rail terminus there, and have been expected to be willing to include Arsenal as a partner in developing their left-over land. But they have now said that any development of this extra space will have to wait till 2005 at the earliest, because of restrictions caused by their building work. And of course, these things always take much longer than projected, so this appears to take the Kings X option much too far into the future to be a realistic solution for the Arsenal.

The Times article suggests that a new option is the land in North Finchley recently purchased (allegedly) for a training ground.... as suggested on ArseWeb back in April.

To find the Times article go to today's business section of their site. You can try jumping straight to the story but be warned: without their frames around it, it makes my browser crash before I have time to read it all.