Tottenham say they are no longer interested in a switch to the 2012 Olympic Stadium because of plans to retain a running track at the venue.
Work on the new Olympic site has already begun, but Spurs won't be moving there.
Chairman Daniel Levy hinted last year he may bid to take Spurs to the new 80,000 stadium once the Games are over.
But sporting director Damien Comolli revealed: "There is no way we are looking to move there.
"All grounds with a track have a poor atmosphere, attendances are down and clubs say moving there was a mistake."
But according to Comolli the club are still deciding whether to move to a new ground or redevelop White Hart Lane.
"We are looking at all possible options, including extending White Hart Lane, but we may go somewhere else.
"Whatever happens, it won't affect the financial stability of the club or the ability to invest in players.
"The board are determined that doesn't happen and we will be very careful about it."