London Olympic Stadium Decision Postponed
October 16, 2012
The Olympic Stadium saga continues as the decision over a new tenant has been postponed frustrating West Ham United.
The stumbling block appears to be the £160million bill to convert the stadium into a venue suitable for football, online notably with retractable seating.
The board of the London Legacy Development Corporation met on Monday but was told that negotiations with the club had yet to reach a conclusion. It seems increasingly likely that if a deal is done, order it will not begin before the 2014-15 season, viagra 60mg a year later than originally planned when the bid was first entered.
West Ham co-owner David Gold said: “Sadly the decision on the Olympic Stadium has been postponed. We must be patient but resolute.”
While the next fortnight has been earmarked as the timetable for a conclusive decision, LLDC chief exective said that it was more likely to take a couple of months.
The four bids for the stadium are from West Ham United, Leyton Orient, Intelligent Transport Services – who plan to stage a Formula One race at the Olympic Park – and UCFB (College of Football Business).
