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Olympic Stadium D-Day

West Ham are favourites to be named the preferred tenants of the Olympic Stadium this morning.

Last Updated: 05/12/12 at 14:48 Post Comment

Olympic Stadium: Set to be given new tenants today

Olympic Stadium: Set to be given new tenants today

The Mayor of London, Boris Johnson, is expected to award a lease to the Hammers, subject to conditions which are likely to include the installation of retractable seats over the running track.

West Ham were told they could not buy the stadium last year - the new occupants will be tenants.

One of the conditions of becoming tenants was keeping the athletics track, which ruled Tottenham out of the running as the North London club wanted to rip it up.

One sticking point at a meeting of the London Legacy Development Corporation this morning will be who funds an estimated £20m shortfall in the budget to convert the stadium to use for football.

Challenge

If West Ham are granted the lease there could yet be legal issues, with Leyton Orient - who want to share the stadium - possibly mounting a challenge.

West Ham may also be required to hand over a share of profits to the public purse, because of the huge amount of taxpayers' money used to build the stadium.

There is unlikely to be any football at the stadium until 2015 at the earliest - and possibly not until the 2016-17 season.

A football business consortium and a consortium hoping to stage Formula One races there are also in the running.

But West Ham are favourites to win the bid because they are likely to have the least impact on the public purse in the years ahead.

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Readers' Comments

Y

ou can't blame De Gea for wanting to leave, he has enough to do in front of goal as it is as well as taking on the role of Man Utd's version of Derek Acorah in trying to contact and organise a defence that isn't there.

rodger's gusset
Van Gaal downbeat on De Gea

I

f you want to take six points off Arsenal, then that's a great strike force. Can't imagine either of them showing much for the rest of the season though...

foot in mouth
Adebayor & Berbatov: You Have To Admire The Balls

L

ooks like Real get their man, most likely at their own valuation, yet again. Resistance is futile.

paul7702
Van Gaal downbeat on De Gea

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