Next Game

FC Astra v West Ham

Thursday, 06 August 2015, 19:00

Europa League Qual Third Round

Last Game

West Ham 1 - 2 W Bremen

Sunday, 02 August 2015, 15:00

Friendly Match

West Ham to secure stadium

West Ham will be officially confirmed as new tenants for the Olympic Stadium on Friday morning.

Last Updated: 22/03/13 at 14:02 Post Comment

Olympic Stadium: Expected to become home to West Ham United.

Olympic Stadium: Expected to become home to West Ham United.

The deal for a 99-year lease will be announced at a news conference, along with details of the revamped stadium featuring retractable seating.

Adapting the stadium is set to cost £150m and the Hammers are expected to move in from August 2016, but the agreement should beforehand allow the venue to be used for the 2015 Rugby World Cup.

Negotiations between London Legacy Development Corporation (LLDC) and West Ham have been long and tortuous since the club was named preferred bidders in December but it is understood that the Corporation's legal advisers have now finally signed off the finer details.

Under the agreement, West Ham will be given the right to use the stadium for all their matches under a 99-year deal, giving the club long-term security but ensuring they will have no property interest in the facility.

The deal will protect public interest should West Ham's owners sell the club for a large profit on the back of the move to the stadium, with the LLDC guaranteed a significant cut.

The LLDC will have the rights to the income from other events such as music concerts, and there will also be a legacy for athletics with a number of events for that sport maintained.

The retractable seating should allow the stadium to be changed from a football venue - with seats on the running track - to one suitable for athletics or concerts within eight days.

London mayor Boris Johnson is expected at the press conference near the stadium, along with mayor of Newham Sir Robin Wales and LLDC chief executive Dennis Hone.

Leyton Orient chairman Barry Hearn insists he is still seeking a judicial review into the bidding process but Sports minister Hugh Robertson claimed that was not a cause for concern.

"That is one for Boris [Johnson] but I am told that all the legal advice is that the review is likely to fail," he said.

Related News

Most Commented

Readers' Comments

A

ll very well selling all midfield and strikers but unless we bring anyone in that is better than what we had then it will be a terrible transfer window in my view. Sorted out the defense but our midfield and striker options look very light.

bigo
Spurs Halfway To The Perfect Summer

L

ove it when Jose accuses others of being defensive, cynical and playing to win. If I was Wenger, I'd get that quote laminated and framed - surely the biggest compliment he's ever received from Mourinho. You've got him riled Arsene - you're relevant again!

suarez_blind
Jose rues pitch and weather after defeat

I

t's wrong to be making a joke out of Bender's name at the expense of gay people. It's the kind of childish, uncivilised thing that Football365 would deride and ridicule if it was another media outlet saying. Why is there a need for jokes like this? Does it make your writers feel like men? F365 might suggest that I 'lighten up', but it is genuinely traumatic for people who have been oppressed all their lives to be the butt of jokes, and to be told...

anamsport
The Beeriod Gossip

Footer 365

Wenger: 'Nothing happening' with Benzema

Arsene Wenger has dismissed speculation linking Arsenal with Real Madrid striker Karim Benzema.

Everton duo John Stones and Kevin Mirallas picked up knocks on Sunday

Roberto Martinez has reminded Chelsea that Everton are a "big club with nine league titles" - and do not need to sell John Stones.

Arsenal 1 Chelsea 0: Gunners win Community Shield

Alex Oxlade-Chamberlain scored as Arsenal won the Community Shield with a 1-0 victory over Chelsea, with Arsene Wenger finally beating Jose Mourinho.

Mail Box

Not Just A Friendly. This Had Meaning...

Arsenal fans are very excited about beating Chelsea (don't remind them about last year), while there is criticism for BT and a football fan tired of being screwed by TV...

Neville Has It Wrong On Chelsea...

One Mailboxer says that the Neviller has it slightly wrong on Chelsea. Plus thoughts on sexy Saints, pre-season reviews, Connor Wickham and televised analysis...

© 2015 Sky Ltd. All Rights Reserved A Sky Sports Digital Media company