Doha GOALS Considers Global Options London To Host Freeze Big Air Forward Yamaha To Miss Indianapolis MotoGP Wambach Wants End To Gender Pay Gap Zaha Hadid Hits Back Over Stadium Flop Chelsea Tops Big Spending Fans List Stoke City Extends Deal With Novus Facility Notes Football League Updating Its Image ICC Format A Work In Progess
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SBD Global/November 1, 2012/Facilities
NFL Franchises Talking To London Mayor Boris Johnson About Olympic Stadium
Published November 1, 2012
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WEST HAM'S ROADBLOCK: In London, Joe Ridge reported that West Ham is "also looking to take over the anchor tenancy," but the Treasury’s refusal to hand over the £337M ($543M) Olympic-contingency underspend to help install retractable seating "is hampering" its bid. The retractable seating is expected to cost in the region of £200M ($322M) and the mayor will be expecting any anchor tenant "to make a significant contribution." West Ham is "willing to offer more than £8M ($12.8M) a year in rent and related payments in addition to a reported multi-million lump sum. The club is "unwilling to reveal the true nature" of its financial package "due to confidentiality issues" (DAILY MAIL, 10/31).