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SBD Global/March 22, 2013/Facilities

West Ham To Be Confirmed As New Olympic Stadium Tenants At Friday Press Conference

EPL West Ham’s tenancy of Olympic Stadium "will finally be confirmed" at a press conference at the venue on Friday by the London Mayor Boris Johnson, according to Ben Rumsby of the London TELEGRAPH. The London Legacy Development Corp. is "set to hand the keys of the London 2012 cenrepiece" to West Ham more than two years after they were first named preferred bidders for what is a 99-year lease. Lawyers spent weeks poring over West Ham's deal with the LLDC "to ensure it was as watertight as possible." The club should be able to move into the venue "in time for the 2016-17 season." A deal "could also boost the hopes" of 2015 Rugby World Cup organizers staging matches at the Olympic Stadium while it undergoes at £150M ($227M) facelift (TELEGRAPH, 3/21).
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