Erik Lamela will play no further part for Tottenham Hotspur this season after the club announced that he will have surgery to fix a long-standing hip problem on Saturday. The Argentina international has not played since the EFL Cup defeat at Liverpool on 25 October.

Spurs said in a statement: “Lamela has undergone a comprehensive rehabilitation process following the injury in November. The player has achieved a good level of function, however he has been unable to reach the stage required to make a full return to training.

“Therefore, following ongoing extensive consultation with specialists, surgery has been agreed by all as the best course of action. This will result in Erik returning to action next season.”

Lamela, who joined Tottenham from Roma for £25.8m in August 2013, has only made 14 appearances this season. In total he has played 119 games for Tottenham, scoring 19 goals.

The Spurs chairman, Daniel Levy, has meanwhile suggested the club could continue playing at White Hart Lane next season. Spurs have until Friday to activate their option to play at Wembley after their application to host 27 matches at the stadium’s full 90,000 capacity was approved. Yet Levy has revealed the club are seeking “greater certainty” that their new 61,000-seater stadium will be ready in time for the 2018-19 campaign.

Tottenham could therefore stay at their current ground next season and play home games at Wembley the following year, before moving into the new stadium for the 2019-20 campaign.

In a statement alongside Tottenham’s latest financial results on the club website, Levy said: “We continue to focus on ensuring that the future of the club is protected at all times. Therefore, whilst everyone is eager to know if this is our last season at the Lane, we shall only make the decision to decommission our historic White Hart Lane when we have greater certainty on the delivery of the new stadium.

“Our performances on the pitch and the sight of our new stadium taking shape signifies an exciting future. As we move forward with the challenges ahead, I firmly believe that the positive outlook, unity and togetherness across the club, the team and the fans means we can look forward with optimism.”

Spurs revealed record revenue of £209.8m for the year ending June 30, 2016, and profit after interest and tax of £33m, up from £9.4m the previous year.