John Delaney Steps Down From OCI Watford's Loan Signings Under Scrutiny Charlton Signs Five-Year Deal With Hummel Kilmarnock Sponsor Speaks Out FA Cup Deal Means No EPL Winter Break FA To Invest $245M In Grassroots ManU Leads EPL Clubs On Social Media Tour De Yorkshire Names Host Towns EPL Side Watford Launches Investigation O2 Renews With Rugby Football Union
Enter amount in full numerical value, without currency symbol or commas (ex: 3000000).
SBD Global/July 26, 2013/Facilities
League One Football Club Leyton Orient Chair Barry Hearn Blasts West Ham Stadium Move
Published July 26, 2013
League One football club Leyton Orient Chair Barry Hearn has claimed EPL side West Ham's move to the Olympic Stadium has been so underwritten by public money that it is "state sponsorship beyond my wildest dreams," according to the PA. West Ham is due to become anchor tenants at the stadium in '16 but Hearn claims that is "not a done deal" because of his ongoing judicial review and legal action against the Premier League. Hearn, giving evidence to the House of Lords committee on Olympic and Paralympic legacy on Wednesday, said, "We have ended up in situation where we have gifted £500 million ($766M) of tax-payers' money to a Premier League club that has a turnover of more than £100 million ($153M). It's a wonderful gift, but if I was an Arsenal fan, I would wonder why we bothered paying to build a new stadium" (PA, 7/25).