Quotes Of The Year, Part One Executive Transactions Names In The News Mayne-Nicholls: England Bid Was Best Tour Of Ireland Could Return In 2016 LTA Prize Funding Cut Sparks Fury Qatar Eyeing EPL Tottenham Hotspur Levski Sofia: Salaries 75% Of '15 Budget Subway Ramps Up Liverpool Sponsorship Wanda Emerges In Infront Media Auction
SBD Global/September 14, 2012/FacilitiesPrint All
With final negotiations over the future of the Olympic Stadium entering a crucial stage, EPL West Ham United Vice Chair Karren Brady "has insisted that the club's proposal will deliver a lasting legacy," according to Owen Gibson of the London GUARDIAN. London Mayor Boris Johnson this week took "personal control" of the London Legacy Development Corp. Johnson's "most pressing tasks will be to try to strike a deal with West Ham amid protracted negotiations" over the terms of any tenancy deal. Already, £95M ($153M) in public money has been pledged to convert the stadium into "a permanent venue with a full roof and hospitality facilities." West Ham is also "believed to want the LLDC to contribute towards retractable seating and other costs." Brady will make the argument that by handing the main tenancy to a Premier League football club, "it will bring benefits to the Olympic Park and wider area" beyond its rental contribution, including "enhancing the value of naming rights and helping make it a popular destination." Johnson is "keen to conclude a deal," and hopes to avoid a delay in re-opening the park from July onward (GUARDIAN, 9/13).
A-League club Sydney FC and its marquee recruit Alessandro Del Piero "have moved their second home match" of the season from the 45,000-seat Sydney Football Stadium to the 83,500-capacity former Olympic stadium, according to the AP. Team officials said Thursday that "turf replacement at the downtown stadium forced the switch" to the ANZ Stadium in western Sydney. With an expected "large crowd" at its regular stadium against Newcastle in Sydney FC's home opener on Oct. 13, the extra seats for the match against the Perth Glory on Oct. 28 will give more fans an opportunity to see the former Juventus and World Cup-winning Italy forward (AP, 9/13).
London-based Paragon Entertainment has won the contract to "design, develop and fit out" The Olympic Museum in Lausanne, Switzerland. The project worth £4.8M ($7.7M) is to be delivered over the next 14 months (STOCKMARKETWIRE.com, 9/12). ... The latest construction reports revealed that the Mané Garrincha Stadium in Brasilia is now 72% finished. The 2014 World Cup arena will sit 71,000 and has an estimated cost of R$800M ($395M) (PORTAL2014.org.br, 9/12).